Stratus Properties (NASDAQ:STRS) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Stratus Properties (NASDAQ:STRS) in a research note issued to investors on Saturday morning. The brokerage issued a sell rating on the financial services provider’s stock.

Stratus Properties Trading Up 3.1%

Shares of STRS stock opened at $20.00 on Friday. Stratus Properties has a 12-month low of $15.10 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’s 50-day moving average price is $17.92 and its 200-day moving average price is $20.42. The stock has a market capitalization of $161.46 million, a price-to-earnings ratio of 142.86 and a beta of 1.15.

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

Institutional Investors Weigh In On Stratus Properties

Several large investors have recently made changes to their positions in STRS. Tower Research Capital LLC TRC grew its position in Stratus Properties by 150.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,575 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 946 shares in the last quarter. GAMMA Investing LLC grew its position in Stratus Properties by 12,071.4% in the first quarter. GAMMA Investing LLC now owns 3,408 shares of the financial services provider’s stock worth $60,000 after acquiring an additional 3,380 shares in the last quarter. Wells Fargo & Company MN grew its position in Stratus Properties by 16.4% in the fourth quarter. Wells Fargo & Company MN now owns 5,073 shares of the financial services provider’s stock worth $105,000 after acquiring an additional 713 shares in the last quarter. Barclays PLC grew its position in Stratus Properties by 281.2% in the third quarter. Barclays PLC now owns 7,335 shares of the financial services provider’s stock worth $191,000 after acquiring an additional 5,411 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in Stratus Properties by 124.4% in the third quarter. JPMorgan Chase & Co. now owns 9,603 shares of the financial services provider’s stock worth $250,000 after acquiring an additional 5,323 shares in the last quarter. 61.63% of the stock is owned by institutional investors.

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.