Stratus Properties (NASDAQ:STRS) Downgraded to Sell Rating by StockNews.com

Stratus Properties (NASDAQ:STRS - Get Free Report) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating in a research report issued on Saturday.

Stratus Properties Price Performance

NASDAQ:STRS traded down $1.42 during trading hours on Friday, reaching $24.62. The stock had a trading volume of 7,966 shares, compared to its average volume of 7,846. The stock has a market capitalization of $199.18 million, a PE ratio of 175.86 and a beta of 1.15. Stratus Properties has a 52 week low of $20.30 and a 52 week high of $30.66. The company has a 50 day moving average price of $24.65 and a two-hundred day moving average price of $25.21. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.09 and a current ratio of 1.09.

Insider Transactions at Stratus Properties

In other news, major shareholder Oasis Management Co Ltd. sold 1,775 shares of the business's stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $27.07, for a total transaction of $48,049.25. Following the transaction, the insider now owns 1,139,524 shares of the company's stock, valued at approximately $30,846,914.68. The trade was a 0.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 3,859 shares of company stock worth $104,317 in the last three months. Insiders own 9.30% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Barclays PLC raised 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 acquiring an additional 5,411 shares during the period. Price T Rowe Associates Inc. MD raised its position in Stratus Properties by 5.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,862 shares of the financial services provider's stock worth $248,000 after purchasing an additional 525 shares during the period. Bank of New York Mellon Corp raised its position in Stratus Properties by 6.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 16,888 shares of the financial services provider's stock worth $426,000 after purchasing an additional 997 shares during the period. Tectonic Advisors LLC lifted its stake in Stratus Properties by 4.7% in the third quarter. Tectonic Advisors LLC now owns 40,973 shares of the financial services provider's stock worth $1,065,000 after purchasing an additional 1,852 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Stratus Properties by 3.8% during the third quarter. Geode Capital Management LLC now owns 139,648 shares of the financial services provider's stock valued at $3,630,000 after buying an additional 5,081 shares during the period. 61.63% of the stock is owned by hedge funds and other institutional investors.

About Stratus Properties

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.