StockNews.com started coverage on shares of Stratus Properties (NASDAQ:STRS - Get Free Report) in a note issued to investors on Saturday. The brokerage set a "sell" rating on the financial services provider's stock.
Stratus Properties Stock Down 0.7 %
NASDAQ:STRS traded down $0.12 during midday trading on Friday, reaching $17.94. 4,296 shares of the stock traded hands, compared to its average volume of 7,748. Stratus Properties has a 12-month low of $17.65 and a 12-month high of $30.66. The business has a 50-day moving average of $19.09 and a two-hundred day moving average of $22.49. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market capitalization of $145.06 million, a PE ratio of 128.14 and a beta of 1.21.
Institutional Investors Weigh In On Stratus Properties
Hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in 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 acquiring an additional 5,081 shares during the last quarter. Hodges Capital Management Inc. raised its holdings in shares of Stratus Properties by 46.1% in the fourth quarter. Hodges Capital Management Inc. now owns 259,365 shares of the financial services provider's stock worth $5,384,000 after buying an additional 81,895 shares during the last quarter. Barclays PLC raised its holdings 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 worth $191,000 after buying an additional 5,411 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Stratus Properties by 124.4% in the third 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, Ingalls & Snyder LLC raised its holdings in shares of Stratus Properties by 0.3% in the third quarter. Ingalls & Snyder LLC now owns 953,790 shares of the financial services provider's stock worth $24,789,000 after buying an additional 2,516 shares during the last quarter. Hedge funds and other institutional investors own 61.63% of the company's stock.
About Stratus Properties
(
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.
Further Reading
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