Star Holdings (NASDAQ:STHO) Stock Holdings Lifted by TCW Group Inc.

TCW Group Inc. increased its holdings in Star Holdings (NASDAQ:STHO) by 14.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 441,226 shares of the company’s stock after buying an additional 54,976 shares during the period. TCW Group Inc. owned about 3.31% of Star worth $4,293,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. FMR LLC boosted its stake in Star by 81.1% in the third quarter. FMR LLC now owns 7,386 shares of the company’s stock valued at $102,000 after acquiring an additional 3,308 shares during the period. Angeles Wealth Management LLC bought a new stake in shares of Star in the 3rd quarter worth approximately $183,000. Barclays PLC boosted its position in Star by 262.7% during the 3rd quarter. Barclays PLC now owns 17,341 shares of the company’s stock valued at $240,000 after purchasing an additional 12,560 shares during the period. Quadrature Capital Ltd acquired a new position in Star during the 3rd quarter valued at approximately $243,000. Finally, JPMorgan Chase & Co. grew its stake in Star by 123.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,613 shares of the company’s stock worth $313,000 after buying an additional 12,502 shares during the last quarter. Institutional investors own 89.31% of the company’s stock.

Star Stock Performance

STHO stock opened at $8.85 on Monday. Star Holdings has a 1 year low of $7.95 and a 1 year high of $14.50. The stock has a market capitalization of $117.88 million, a price-to-earnings ratio of -1.36 and a beta of 1.33. The company has a debt-to-equity ratio of 0.63, a quick ratio of 9.23 and a current ratio of 7.24. The stock’s fifty day moving average is $9.02 and its two-hundred day moving average is $11.33.

Star (NASDAQ:STHO) last issued its quarterly earnings data on Tuesday, February 18th. The company reported ($7.70) earnings per share for the quarter. Star had a negative net margin of 76.57% and a negative return on equity of 33.53%. The firm had revenue of $32.76 million during the quarter.

Star Profile

Star Holdings engages in the non-ground lease related commercial real estate businesses in the United States. Its portfolio primarily comprises interest in the Asbury Park Waterfront and Magnolia Green residential development projects. Star Holdings is based in New York, New York.