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

StockNews.com initiated coverage on shares of Stratus Properties (NASDAQ:STRS - Free Report) in a report issued on Monday. The brokerage issued a sell rating on the financial services provider's stock.

Stratus Properties Stock Performance

Shares of STRS traded down $1.20 during midday trading on Monday, reaching $16.58. 1,238 shares of the stock were exchanged, compared to its average volume of 7,251. The company has a market capitalization of $134.10 million, a price-to-earnings ratio of 118.46 and a beta of 1.21. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.09 and a quick ratio of 1.09. Stratus Properties has a twelve month low of $16.95 and a twelve month high of $30.66. The business's 50-day moving average price is $18.74 and its 200 day moving average price is $21.90.

Stratus Properties (NASDAQ:STRS - Get Free Report) last posted its quarterly earnings data on Friday, March 28th. The financial services provider reported ($0.06) earnings per share 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.

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Institutional Trading of Stratus Properties

Hedge funds have recently added to or reduced their stakes in the stock. Cresset Asset Management LLC acquired a new stake in shares of Stratus Properties during the fourth quarter worth $390,000. Bank of America Corp DE raised its position in Stratus Properties by 8.2% during the 4th quarter. Bank of America Corp DE now owns 22,004 shares of the financial services provider's stock worth $457,000 after buying an additional 1,670 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Stratus Properties by 1.5% in the 4th quarter. Northern Trust Corp now owns 50,993 shares of the financial services provider's stock worth $1,059,000 after acquiring an additional 758 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Stratus Properties by 8.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 10,061 shares of the financial services provider's stock worth $209,000 after acquiring an additional 772 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in Stratus Properties by 150.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,575 shares of the financial services provider's stock worth $33,000 after purchasing an additional 946 shares in the last quarter. 61.63% of the stock is owned by institutional investors and hedge funds.

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.