Analysts at StockNews.com began coverage on shares of Stratus Properties (NASDAQ:STRS - Get Free Report) in a report released on Tuesday. The firm set a "sell" rating on the financial services provider's stock.
Stratus Properties Price Performance
NASDAQ STRS traded up $1.14 on Tuesday, reaching $19.10. 13,006 shares of the company's stock traded hands, compared to its average volume of 8,235. The stock has a market cap of $154.19 million, a PE ratio of 136.43 and a beta of 0.98. Stratus Properties has a 12 month low of $15.50 and a 12 month high of $30.66. The stock has a 50-day simple moving average of $18.62 and a 200 day simple moving average of $21.40. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.09 and a quick ratio of 1.09.
Stratus Properties (NASDAQ:STRS - Get Free Report) last released its earnings results on Friday, March 28th. The financial services provider reported ($0.06) EPS for the quarter. The business had revenue of $10.30 million for the quarter. Stratus Properties had a net margin of 3.33% and a return on equity of 0.54%.
Institutional Investors Weigh In On Stratus Properties
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC increased its stake in Stratus Properties by 3.8% in the 3rd quarter. Geode Capital Management LLC now owns 139,648 shares of the financial services provider's stock worth $3,630,000 after purchasing an additional 5,081 shares during the period. Hodges Capital Management Inc. grew 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 purchasing an additional 81,895 shares during the last quarter. Barclays PLC increased 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 worth $191,000 after buying an additional 5,411 shares during the period. JPMorgan Chase & Co. raised its holdings 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 valued at $250,000 after buying an additional 5,323 shares during the last quarter. Finally, Tectonic Advisors LLC boosted its position in Stratus Properties by 11.6% during the 4th quarter. Tectonic Advisors LLC now owns 45,716 shares of the financial services provider's stock valued at $949,000 after buying an additional 4,743 shares during the period. 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.
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