Star Holdings (NASDAQ:STHO) Shares Acquired by TCW Group Inc.

TCW Group Inc. increased its position in shares of Star Holdings (NASDAQ:STHO) by 14.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 441,226 shares of the company’s stock after acquiring an additional 54,976 shares during the quarter. TCW Group Inc.’s holdings in Star were worth $4,293,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of STHO. State Street Corp boosted its position in shares of Star by 3.5% during the 3rd quarter. State Street Corp now owns 274,005 shares of the company’s stock valued at $3,792,000 after purchasing an additional 9,393 shares in the last quarter. Peapod Lane Capital LLC acquired a new stake in Star during the fourth quarter valued at approximately $1,419,000. Charles Schwab Investment Management Inc. boosted its holdings in Star by 4.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 103,394 shares of the company’s stock worth $1,431,000 after buying an additional 4,715 shares in the last quarter. JPMorgan Chase & Co. grew its position in Star by 123.6% in the third 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. Finally, Quadrature Capital Ltd bought a new position in shares of Star in the third quarter valued at $243,000. 89.31% of the stock is currently owned by institutional investors.

Star Price Performance

Shares of NASDAQ:STHO opened at $8.85 on Monday. The company has a market capitalization of $117.88 million, a PE 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 has a fifty day moving average of $9.02 and a 200-day moving average of $11.33. Star Holdings has a one year low of $7.95 and a one year high of $14.50.

Star (NASDAQ:STHO) last announced its earnings results on Tuesday, February 18th. The company reported ($7.70) EPS for the quarter. The company had revenue of $32.76 million for the quarter. Star had a negative net margin of 76.57% and a negative return on equity of 33.53%.

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.