145,846 Shares in Star Holdings (NASDAQ:STHO) Bought by Peapod Lane Capital LLC

Peapod Lane Capital LLC purchased a new stake in shares of Star Holdings (NASDAQ:STHO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 145,846 shares of the company’s stock, valued at approximately $1,419,000. Peapod Lane Capital LLC owned 1.09% of Star as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of STHO. FMR LLC lifted its position in shares of Star by 81.1% during the 3rd quarter. FMR LLC now owns 7,386 shares of the company’s stock valued at $102,000 after buying an additional 3,308 shares in the last quarter. Charles Schwab Investment Management Inc. lifted 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 valued at $1,431,000 after purchasing an additional 4,715 shares in the last quarter. State Street Corp lifted its holdings in Star by 3.5% during the third 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. JPMorgan Chase & Co. boosted its position in shares of 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 purchasing an additional 12,502 shares during the period. Finally, Barclays PLC increased its stake in shares of Star by 262.7% in the third quarter. Barclays PLC now owns 17,341 shares of the company’s stock worth $240,000 after purchasing an additional 12,560 shares in the last quarter. Institutional investors own 89.31% of the company’s stock.

Star Stock Up 5.7 %

STHO opened at $8.52 on Thursday. The stock has a market cap of $113.49 million, a price-to-earnings ratio of 1.39 and a beta of 1.33. The company has a debt-to-equity ratio of 0.45, a quick ratio of 9.23 and a current ratio of 9.23. The firm’s fifty day moving average is $9.27 and its 200 day moving average is $11.54. Star Holdings has a fifty-two week low of $7.95 and a fifty-two week high of $14.50.

Star Company 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.