Star (NASDAQ:STHO) Rating Increased to Hold at Wall Street Zen

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

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Star in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Star Price Performance

NASDAQ:STHO opened at $8.10 on Friday. Star has a 12-month low of $6.05 and a 12-month high of $9.25. The firm has a market capitalization of $97.93 million, a price-to-earnings ratio of -1.66 and a beta of 1.20. The stock’s 50 day moving average price is $8.11 and its two-hundred day moving average price is $7.99. The company has a quick ratio of 7.84, a current ratio of 7.84 and a debt-to-equity ratio of 1.01.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC boosted its holdings in shares of 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 acquiring an additional 3,612 shares during the period. 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 shares of Star during the first quarter worth approximately $96,000. PDT Partners LLC acquired a new stake in Star during the 2nd quarter worth approximately $124,000. Finally, American Century Companies Inc. lifted its holdings in Star by 11.3% during the 2nd quarter. American Century Companies Inc. now owns 15,965 shares of the company’s stock worth $125,000 after purchasing an additional 1,616 shares during the last quarter. 89.31% of the stock is owned by institutional investors.

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.