StockNews.com downgraded shares of Stratus Properties (NASDAQ:STRS - Free Report) from a hold rating to a sell rating in a report released on Wednesday.
Stratus Properties Stock Up 3.2 %
Shares of NASDAQ:STRS traded up $0.58 during trading on Wednesday, reaching $18.48. 4,411 shares of the company traded hands, compared to its average volume of 6,470. The firm has a fifty day simple moving average of $19.54 and a 200 day simple moving average of $23.01. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.60. Stratus Properties has a 1-year low of $17.80 and a 1-year high of $30.66. The firm has a market cap of $149.43 million, a P/E ratio of 132.00 and a beta of 1.17.
Institutional Investors Weigh In On Stratus Properties
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC increased its holdings 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 buying an additional 946 shares during 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 increased its stake in shares of Stratus Properties by 14.7% during the 4th quarter. Barclays PLC now owns 8,416 shares of the financial services provider's stock worth $175,000 after purchasing an additional 1,081 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Stratus Properties by 8.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,061 shares of the financial services provider's stock valued at $209,000 after purchasing an additional 772 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of 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 purchasing an additional 5,323 shares during the last quarter. 61.63% of the stock is owned by hedge funds and other institutional investors.
Stratus Properties Company Profile
(
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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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