Star (NASDAQ:STHO) Stock Rating Lowered by Wall Street Zen

Star (NASDAQ:STHO) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Star in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Star Trading Up 0.7%

Shares of STHO stock opened at $7.65 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 7.09 and a quick ratio of 7.09. The company has a market cap of $97.46 million, a price-to-earnings ratio of -0.69 and a beta of 1.23. Star has a 1 year low of $6.05 and a 1 year high of $10.47. The firm has a fifty day moving average price of $7.61 and a 200-day moving average price of $7.83.

Institutional Trading of Star

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. American Century Companies Inc. raised its position in shares of Star by 11.3% during the second quarter. American Century Companies Inc. now owns 15,965 shares of the company’s stock valued at $125,000 after buying an additional 1,616 shares during the last quarter. Cerity Partners LLC increased its holdings in Star by 13.0% in the 2nd quarter. Cerity Partners LLC now owns 21,072 shares of the company’s stock valued at $165,000 after acquiring an additional 2,426 shares during the last quarter. Howard Financial Services LTD. lifted its stake in Star by 10.4% in the 3rd quarter. Howard Financial Services LTD. now owns 26,629 shares of the company’s stock worth $219,000 after purchasing an additional 2,500 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Star by 226.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,207 shares of the company’s stock valued at $41,000 after purchasing an additional 3,612 shares during the last quarter. Finally, Peapod Lane Capital LLC grew its position in shares of Star by 1.1% during the third quarter. Peapod Lane Capital LLC now owns 403,707 shares of the company’s stock valued at $3,322,000 after purchasing an additional 4,469 shares in the last quarter. Institutional investors own 89.31% of the company’s stock.

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.