istar Inc (STAR) : Reservoir Operations reduced its stake in istar Inc by 63.76% during the most recent quarter end. The investment management company now holds a total of 277,402 shares of istar Inc which is valued at $3,015,360 after selling 488,099 shares in istar Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.istar Inc makes up approximately 3.77% of Reservoir Operations’s portfolio.
Other Hedge Funds, Including , Indexiq Advisors reduced its stake in STAR by selling 7,298 shares or 11.13% in the most recent quarter. The Hedge Fund company now holds 58,279 shares of STAR which is valued at $633,493. istar Inc makes up approx 0.04% of Indexiq Advisors’s portfolio.New York State Common Retirement Fund reduced its stake in STAR by selling 46,128 shares or 7.01% in the most recent quarter. The Hedge Fund company now holds 611,775 shares of STAR which is valued at $6,649,994. istar Inc makes up approx 0.01% of New York State Common Retirement Fund’s portfolio.Blackrock Group Ltd reduced its stake in STAR by selling 680 shares or 1.18% in the most recent quarter. The Hedge Fund company now holds 56,833 shares of STAR which is valued at $617,775. Carleon Capital Partners added STAR to its portfolio by purchasing 313,701 company shares during the most recent quarter which is valued at $3,441,300. istar Inc makes up approx 1.67% of Carleon Capital Partners’s portfolio. Hallmark Capital Management Inc added STAR to its portfolio by purchasing 1,145 company shares during the most recent quarter which is valued at $12,618.
istar Inc (STAR) witnessed a volatile trading activity on Tuesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $10.98 and reached the intraday high at $11.06. The bulls started the profit booking and pushed the shares to intraday low of $10.91. The trading session was marked by a volume range of 3,82,250 shares exchanging hands. The 52-week high of the shares is $13.85 and the 52-week low is $7.585. The market cap of the company stands at $778 M and there are 7,11,76,421 shares in public circulation.
iStar Inc. formerly iStar Financial Inc. finances invests in and develops real estate and real estate related projects as part of its integrated investment platform. The Company is focused on the commercial real estate industry. Its business segments are Real Estate Finance Net Lease Operating Properties and Land & Development. The Real Estate Finance portfolio consists of senior and mezzanine real estate loans that may be either fixed-rate or variable-rate. The Net Lease portfolio consists of properties owned by the Company and leased to single tenants where the properties are subject to long-term leases. The Operating Properties portfolio consists of commercial and residential properties which represent a pool of assets across geographies and property types. The Land & Development portfolio consists of land entitled for master planned communities and waterfront and urban infill land parcels. It provides investment capital to private and corporate owners of real estate.