StockNews.com Upgrades Stratus Properties (NASDAQ:STRS) to “Hold”

StockNews.com upgraded shares of Stratus Properties (NASDAQ:STRS) from a sell rating to a hold rating in a research report report published on Wednesday.

Separately, TheStreet cut shares of Stratus Properties from a c- rating to a d+ rating in a research note on Wednesday, January 31st.

Stratus Properties Trading Up 1.4 %

Shares of Stratus Properties stock opened at $22.66 on Wednesday. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.53. The business has a fifty day simple moving average of $22.69 and a two-hundred day simple moving average of $25.70. Stratus Properties has a 1 year low of $18.55 and a 1 year high of $29.99.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Stratus Properties by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 407,410 shares of the financial services provider’s stock valued at $11,758,000 after acquiring an additional 2,504 shares during the period. Barclays PLC raised its stake in Stratus Properties by 706.7% in the 4th quarter. Barclays PLC now owns 7,720 shares of the financial services provider’s stock worth $223,000 after purchasing an additional 6,763 shares in the last quarter. Nuveen Asset Management LLC boosted its holdings in Stratus Properties by 36.5% in the 4th quarter. Nuveen Asset Management LLC now owns 11,628 shares of the financial services provider’s stock valued at $336,000 after purchasing an additional 3,112 shares during the period. Citadel Advisors LLC bought a new stake in Stratus Properties in the 4th quarter valued at about $203,000. Finally, UBS Group AG grew its position in shares of Stratus Properties by 116.5% during the 4th quarter. UBS Group AG now owns 6,663 shares of the financial services provider’s stock worth $192,000 after purchasing an additional 3,586 shares in the last quarter. Institutional investors own 61.63% of the company’s stock.

Stratus Properties Company Profile

Stratus Properties Inc, a real estate company, engages in the acquisition, entitlement, development, management, and sale of commercial, and multi-and single-family residential real estate properties in Texas. The company operates through two segments, Real Estate Operations and Leasing Operations. Its leasing operations cover lease of space at retail and mixed-use, and multi-family properties.