Stratus Properties (NASDAQ:STRS) Stock Price Passes Below 200-Day Moving Average - Should You Sell?

Shares of Stratus Properties Inc. (NASDAQ:STRS - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $24.15 and traded as low as $18.11. Stratus Properties shares last traded at $19.00, with a volume of 7,955 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Stratus Properties from a "sell" rating to a "hold" rating in a report on Sunday, December 22nd.

Stratus Properties Trading Up 0.6 %

The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.60. The company's fifty day moving average price is $22.03 and its two-hundred day moving average price is $24.15. The firm has a market cap of $154.68 million, a PE ratio of 136.57 and a beta of 1.18.

Insider Transactions at Stratus Properties

In other Stratus Properties news, major shareholder Oasis Management Co Ltd. sold 1,775 shares of the stock in a transaction 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 $30,846,914.68. This represents a 0.16 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders sold 3,859 shares of company stock valued at $104,317 in the last 90 days. 9.30% of the stock is currently owned by insiders.

Institutional Trading of Stratus Properties

Several large investors have recently added to or reduced their stakes in STRS. Barclays PLC increased its holdings in 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 buying an additional 5,411 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Stratus Properties by 124.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,603 shares of the financial services provider's stock worth $250,000 after purchasing an additional 5,323 shares during the period. Tectonic Advisors LLC boosted its position in Stratus Properties by 4.7% during the 3rd quarter. Tectonic Advisors LLC now owns 40,973 shares of the financial services provider's stock valued at $1,065,000 after purchasing an additional 1,852 shares during the period. Geode Capital Management LLC grew its stake in Stratus Properties by 3.8% during the 3rd quarter. Geode Capital Management LLC now owns 139,648 shares of the financial services provider's stock worth $3,630,000 after buying an additional 5,081 shares during the last quarter. Finally, Hodges Capital Management Inc. increased its position in Stratus Properties by 1.8% in the third quarter. Hodges Capital Management Inc. now owns 177,470 shares of the financial services provider's stock worth $4,612,000 after buying an additional 3,195 shares during the period. 61.63% of the stock is currently owned by institutional investors and hedge funds.

Stratus Properties Company Profile

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.