Peapod Lane Capital LLC Takes Position in Star Holdings (NASDAQ:STHO)

Peapod Lane Capital LLC purchased a new stake in Star Holdings (NASDAQ:STHO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 145,846 shares of the company’s stock, valued at approximately $1,419,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. FMR LLC boosted its holdings in shares of Star by 81.1% in the 3rd quarter. FMR LLC now owns 7,386 shares of the company’s stock worth $102,000 after purchasing an additional 3,308 shares during the period. Angeles Wealth Management LLC bought a new stake in Star in the third quarter worth $183,000. AQR Capital Management LLC purchased a new position in Star during the second quarter worth $162,000. Barclays PLC increased its position in Star by 262.7% during the third quarter. Barclays PLC now owns 17,341 shares of the company’s stock valued at $240,000 after acquiring an additional 12,560 shares during the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in shares of Star in the third quarter valued at $243,000. Hedge funds and other institutional investors own 89.31% of the company’s stock.

Star Price Performance

Star stock opened at $8.52 on Thursday. The firm has a market capitalization of $113.49 million, a PE ratio of 1.39 and a beta of 1.33. Star Holdings has a 12-month low of $7.95 and a 12-month high of $14.50. The firm has a 50-day moving average price of $9.27 and a 200-day moving average price of $11.54. The company has a current ratio of 9.23, a quick ratio of 9.23 and a debt-to-equity ratio of 0.45.

Star 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.