Ingalls & Snyder LLC Has $18.59 Million Stake in Stratus Properties Inc. (NASDAQ:STRS)

Ingalls & Snyder LLC decreased its position in shares of Stratus Properties Inc. (NASDAQ:STRS) by 6.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 895,501 shares of the financial services provider’s stock after selling 58,289 shares during the period. Ingalls & Snyder LLC owned about 11.07% of Stratus Properties worth $18,591,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Tectonic Advisors LLC increased its holdings in shares of Stratus Properties by 11.6% during the fourth quarter. Tectonic Advisors LLC now owns 45,716 shares of the financial services provider’s stock worth $949,000 after buying an additional 4,743 shares in the last quarter. Hodges Capital Management Inc. increased its holdings in shares of Stratus Properties by 46.1% in the fourth quarter. Hodges Capital Management Inc. now owns 259,365 shares of the financial services provider’s stock valued at $5,384,000 after purchasing an additional 81,895 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Stratus Properties by 124.4% in the third quarter. JPMorgan Chase & Co. now owns 9,603 shares of the financial services provider’s stock valued at $250,000 after purchasing an additional 5,323 shares in the last quarter. Barclays PLC increased its holdings in shares of Stratus Properties by 281.2% in the third quarter. Barclays PLC now owns 7,335 shares of the financial services provider’s stock valued at $191,000 after purchasing an additional 5,411 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Stratus Properties by 3.8% in the third quarter. Geode Capital Management LLC now owns 139,648 shares of the financial services provider’s stock valued at $3,630,000 after purchasing an additional 5,081 shares in the last quarter. Institutional investors and hedge funds own 61.63% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Stratus Properties from a “sell” rating to a “hold” rating in a report on Sunday, December 22nd.

Stratus Properties Stock Performance

Shares of Stratus Properties stock opened at $19.77 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a market cap of $159.94 million, a P/E ratio of 141.21 and a beta of 1.17. The firm has a 50 day simple moving average of $20.78 and a 200 day simple moving average of $23.51. Stratus Properties Inc. has a fifty-two week low of $18.11 and a fifty-two week high of $30.66.

Stratus Properties Company Profile

Stratus Properties Inc, a real estate company, engages in the entitlement, development, management, leasing, and sale of multi and single family residential and commercial real estate properties in the Austin, Texas area and other select markets in Texas. The company operates in two segments, Real Estate Operations and Leasing Operations.