Stratus Properties (NASDAQ:STRS) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Stratus Properties (NASDAQ:STRS) in a research report released on Wednesday. The firm issued a sell rating on the financial services provider’s stock.

Stratus Properties Trading Down 2.1 %

NASDAQ:STRS opened at $17.73 on Wednesday. Stratus Properties has a 12 month low of $15.50 and a 12 month high of $30.66. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $143.13 million, a price-to-earnings ratio of 126.64 and a beta of 0.98. The firm has a fifty day simple moving average of $18.51 and a two-hundred day simple moving average of $21.28.

Stratus Properties (NASDAQ:STRS) last issued its earnings results on Friday, March 28th. The financial services provider reported ($0.06) EPS for the quarter. Stratus Properties had a net margin of 3.33% and a return on equity of 0.54%. The firm had revenue of $10.30 million during the quarter.

Institutional Trading of Stratus Properties

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

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.