Star (NASDAQ:STHO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Star (NASDAQ:STHO) from a sell rating to a hold rating in a report issued on Sunday morning.

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Star in a research note on Monday, December 15th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Star has an average rating of “Sell”.

Star Stock Down 2.6%

STHO stock opened at $7.41 on Friday. The company has a current ratio of 7.09, a quick ratio of 7.09 and a debt-to-equity ratio of 0.88. The company’s 50-day moving average price is $7.58 and its 200 day moving average price is $7.87. Star has a 52 week low of $6.05 and a 52 week high of $9.87. The company has a market cap of $94.40 million, a P/E ratio of -0.67 and a beta of 1.23.

Institutional Trading of Star

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