Wall Street Zen Downgrades Star (NASDAQ:STHO) to Sell

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

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

Star Stock Performance

NASDAQ:STHO opened at $8.66 on Friday. The company has a quick ratio of 7.84, a current ratio of 7.84 and a debt-to-equity ratio of 1.01. The firm’s fifty day simple moving average is $8.14 and its 200 day simple moving average is $8.03. The stock has a market cap of $104.70 million, a P/E ratio of -1.77 and a beta of 1.21. Star has a twelve month low of $6.05 and a twelve month high of $9.56.

Institutional Investors Weigh In On Star

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