Renaissance Technologies LLC grew its position in Star Holdings (NASDAQ:STHO – Free Report) by 148.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 93,780 shares of the company’s stock after acquiring an additional 55,965 shares during the quarter. Renaissance Technologies LLC’s holdings in Star were worth $710,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the company. NewEdge Wealth LLC boosted its stake in shares of Star by 427.4% in the fourth quarter. NewEdge Wealth LLC now owns 156,821 shares of the company’s stock worth $1,291,000 after acquiring an additional 127,088 shares during the last quarter. Jane Street Group LLC lifted its holdings in Star by 289.6% in the 2nd quarter. Jane Street Group LLC now owns 99,938 shares of the company’s stock valued at $781,000 after purchasing an additional 74,287 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in Star by 507.1% in the 2nd quarter. Quantinno Capital Management LP now owns 88,778 shares of the company’s stock valued at $693,000 after purchasing an additional 74,154 shares in the last quarter. Rangeley Capital LLC boosted its stake in Star by 33.3% during the 2nd quarter. Rangeley Capital LLC now owns 172,000 shares of the company’s stock worth $1,343,000 after purchasing an additional 43,000 shares during the last quarter. Finally, Two Sigma Investments LP acquired a new stake in Star during the 3rd quarter worth $248,000. 89.31% of the stock is owned by institutional investors and hedge funds.
Star Price Performance
STHO stock opened at $9.80 on Monday. Star Holdings has a 1 year low of $7.01 and a 1 year high of $9.83. The company has a debt-to-equity ratio of 0.74, a current ratio of 18.87 and a quick ratio of 18.87. The firm has a market capitalization of $118.38 million, a PE ratio of 8.10 and a beta of 1.21. The business has a 50 day simple moving average of $9.22 and a 200-day simple moving average of $8.63.
Analysts Set New Price Targets
A number of research firms have recently issued reports on STHO. Wall Street Zen raised shares of Star from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Weiss Ratings upgraded shares of Star from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.
View Our Latest Analysis on STHO
About Star
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.
Featured Articles
- Five stocks we like better than Star
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
Want to see what other hedge funds are holding STHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Star Holdings (NASDAQ:STHO – Free Report).
Receive News & Ratings for Star Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Star and related companies with MarketBeat.com's FREE daily email newsletter.
