Star (NASDAQ:STHO) Cut to Sell at Wall Street Zen

Wall Street Zen downgraded shares of Star (NASDAQ:STHO) from a hold rating to a sell rating in a report released on Saturday morning.

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

Star Stock Performance

NASDAQ:STHO opened at $7.54 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 7.09 and a current ratio of 7.09. Star has a fifty-two week low of $6.05 and a fifty-two week high of $10.47. The company has a market cap of $96.06 million, a price-to-earnings ratio of -0.68 and a beta of 1.23. The stock has a fifty day moving average price of $7.60 and a 200-day moving average price of $7.84.

Institutional Investors Weigh In On Star

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its position in Star by 226.5% in the second 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. PNC Financial Services Group Inc. grew its holdings in shares of Star by 238.0% during the second quarter. PNC Financial Services Group Inc. now owns 10,073 shares of the company’s stock worth $79,000 after purchasing an additional 7,093 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Star in the second quarter valued at approximately $79,000. AQR Capital Management LLC bought a new position in Star in the 1st quarter valued at approximately $96,000. Finally, PDT Partners LLC bought a new position in Star in the 2nd quarter valued at approximately $124,000. 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.