Howard Financial Services LTD. Has $97,000 Stock Position in Star Holdings (NASDAQ:STHO)

Howard Financial Services LTD. lowered its holdings in shares of Star Holdings (NASDAQ:STHO) by 47.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,000 shares of the company’s stock after selling 9,000 shares during the quarter. Howard Financial Services LTD. owned about 0.08% of Star worth $97,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of STHO. FMR LLC lifted its position in shares of Star by 81.1% in the third quarter. FMR LLC now owns 7,386 shares of the company’s stock worth $102,000 after buying an additional 3,308 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Star by 4.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 103,394 shares of the company’s stock valued at $1,431,000 after acquiring an additional 4,715 shares in the last quarter. TCW Group Inc. lifted its holdings in Star by 15.1% in the 3rd quarter. TCW Group Inc. now owns 386,250 shares of the company’s stock worth $5,346,000 after purchasing an additional 50,800 shares during the last quarter. American Century Companies Inc. boosted its position in Star by 16.6% during the second quarter. American Century Companies Inc. now owns 13,496 shares of the company’s stock worth $163,000 after purchasing an additional 1,921 shares during the period. Finally, Barclays PLC grew its holdings in Star by 262.7% during the third 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 last quarter. Institutional investors and hedge funds own 89.31% of the company’s stock.

Star Price Performance

Shares of Star stock opened at $9.03 on Friday. The company has a current ratio of 9.23, a quick ratio of 9.23 and a debt-to-equity ratio of 0.45. The firm has a fifty day simple moving average of $10.22 and a 200-day simple moving average of $12.00. The stock has a market capitalization of $120.28 million, a price-to-earnings ratio of 1.47 and a beta of 1.35. Star Holdings has a 1-year low of $8.26 and a 1-year high of $14.50.

Star (NASDAQ:STHO) last released its quarterly earnings results on Tuesday, November 5th. The company reported ($0.42) earnings per share (EPS) for the quarter. The firm had revenue of $24.55 million for the quarter. Star had a net margin of 69.55% and a return on equity of 9.84%.

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.