StockNews.com initiated coverage on shares of Stratus Properties (NASDAQ:STRS - Free Report) in a research report report published on Friday. The firm issued a sell rating on the financial services provider's stock.
Stratus Properties Stock Down 0.4 %
Shares of STRS stock traded down $0.08 during mid-day trading on Friday, hitting $18.48. 5,317 shares of the stock traded hands, compared to its average volume of 7,723. The stock has a market cap of $149.43 million, a P/E ratio of 132.00 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. The stock's fifty day moving average is $19.34 and its two-hundred day moving average is $22.79. Stratus Properties has a 52-week low of $17.74 and a 52-week high of $30.66.
Institutional Investors Weigh In On Stratus Properties
A number of hedge funds and other institutional investors have recently made changes to their positions in STRS. Cresset Asset Management LLC acquired a new stake in Stratus Properties in the 4th quarter valued at $390,000. Bank of America Corp DE grew its stake in Stratus Properties by 8.2% in the 4th quarter. Bank of America Corp DE now owns 22,004 shares of the financial services provider's stock valued at $457,000 after acquiring an additional 1,670 shares during the period. Northern Trust Corp grew its stake in Stratus Properties by 1.5% in the 4th quarter. Northern Trust Corp now owns 50,993 shares of the financial services provider's stock valued at $1,059,000 after acquiring an additional 758 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Stratus Properties by 8.3% in 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 acquiring an additional 772 shares during the period. Finally, Tower Research Capital LLC TRC grew its stake in Stratus Properties by 150.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,575 shares of the financial services provider's stock valued at $33,000 after acquiring an additional 946 shares during the period. Institutional investors and hedge funds own 61.63% of the company's stock.
About Stratus Properties
(
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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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