Equities research analysts at StockNews.com initiated coverage on shares of Stratus Properties (NASDAQ:STRS - Get Free Report) in a report issued on Wednesday. The firm set a "sell" rating on the financial services provider's stock.
Stratus Properties Stock Performance
NASDAQ STRS traded up $0.60 during trading hours on Wednesday, hitting $18.33. The company had a trading volume of 4,623 shares, compared to its average volume of 8,295. The business has a 50 day moving average of $18.44 and a 200-day moving average of $21.18. The company has a market cap of $147.98 million, a PE ratio of 130.93 and a beta of 0.98. Stratus Properties has a 1-year low of $15.50 and a 1-year high of $30.66. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.09 and a current ratio of 1.09.
Stratus Properties (NASDAQ:STRS - Get Free Report) last released its quarterly 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 for the quarter.
Institutional Investors Weigh In On Stratus Properties
A number of institutional investors and hedge funds have recently made changes to their positions in STRS. Geode Capital Management LLC raised its stake in Stratus Properties by 3.8% during the 3rd quarter. Geode Capital Management LLC now owns 139,648 shares of the financial services provider's stock valued at $3,630,000 after acquiring an additional 5,081 shares during the last quarter. Hodges Capital Management Inc. grew its position in Stratus Properties by 46.1% in the 4th quarter. Hodges Capital Management Inc. now owns 259,365 shares of the financial services provider's stock valued at $5,384,000 after buying an additional 81,895 shares during the last quarter. Barclays PLC increased its stake in Stratus Properties by 281.2% in the 3rd 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 during the period. JPMorgan Chase & Co. raised its position in Stratus Properties by 124.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,603 shares of the financial services provider's stock worth $250,000 after buying an additional 5,323 shares during the last quarter. Finally, Tectonic Advisors LLC boosted its holdings in shares of Stratus Properties by 11.6% in the fourth quarter. Tectonic Advisors LLC now owns 45,716 shares of the financial services provider's stock valued at $949,000 after acquiring an additional 4,743 shares in the last quarter. 61.63% of the stock is owned by hedge funds and other institutional investors.
Stratus Properties Company Profile
(
Get Free Report)
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.
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