SG Americas Securities LLC Invests $105,000 in Star Holdings (NASDAQ:STHO)

SG Americas Securities LLC bought a new position in Star Holdings (NASDAQ:STHO) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,037 shares of the company’s stock, valued at approximately $105,000. SG Americas Securities LLC owned about 0.05% of Star as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of STHO. State of Wyoming acquired a new position in Star in the second quarter valued at $26,000. PNC Financial Services Group Inc. lifted its stake in shares of Star by 272.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,296 shares of the company’s stock valued at $29,000 after purchasing an additional 1,680 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Star during the 1st quarter worth about $45,000. CWM LLC increased its position in Star by 43,700.0% during the 3rd quarter. CWM LLC now owns 3,942 shares of the company’s stock worth $49,000 after purchasing an additional 3,933 shares in the last quarter. Finally, Tower Research Capital LLC TRC purchased a new position in Star in the first quarter valued at approximately $49,000. 89.31% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, major shareholder Cowen Inc. bought 15,903 shares of the company’s stock in a transaction that occurred on Friday, March 8th. The shares were acquired at an average cost of $12.22 per share, for a total transaction of $194,334.66. Following the acquisition, the insider now owns 1,000,920 shares in the company, valued at approximately $12,231,242.40. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have purchased a total of 30,253 shares of company stock worth $366,729 over the last quarter.

Star Price Performance

STHO opened at $11.85 on Friday. Star Holdings has a 52-week low of $10.76 and a 52-week high of $17.16. The company has a 50 day moving average of $12.25 and a two-hundred day moving average of $12.50. The company has a market cap of $157.84 million and a P/E ratio of -0.80. The company has a quick ratio of 9.14, a current ratio of 9.14 and a debt-to-equity ratio of 0.44.

Star (NASDAQ:STHO) last announced its quarterly earnings results on Tuesday, February 27th. The company reported $4.96 earnings per share for the quarter. Star had a negative net margin of 159.60% and a negative return on equity of 45.31%. The firm had revenue of $37.22 million during the quarter.

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.