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

Stratus Properties Inc. (NASDAQ:STRS - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $21.65 and traded as low as $16.00. Stratus Properties shares last traded at $18.06, with a volume of 8,299 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Stratus Properties in a research note on Tuesday, April 8th. They set a "sell" rating for the company.

Stratus Properties Stock Performance

The stock has a market capitalization of $154.19 million, a P/E ratio of 136.43 and a beta of 0.98. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.60. The company has a 50-day moving average price of $18.62 and a two-hundred day moving average price of $21.40.

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. Stratus Properties had a return on equity of 0.54% and a net margin of 3.33%. The business had revenue of $10.30 million for the quarter.

Institutional Trading of Stratus Properties

Hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its holdings in Stratus Properties by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 419,384 shares of the financial services provider's stock worth $8,705,000 after purchasing an additional 2,523 shares during the period. Hodges Capital Management Inc. grew its stake in shares of Stratus Properties by 46.1% in the 4th quarter. Hodges Capital Management Inc. now owns 259,365 shares of the financial services provider's stock valued at $5,384,000 after buying an additional 81,895 shares during the period. Geode Capital Management LLC increased its position 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 valued at $3,630,000 after buying an additional 5,081 shares in the last quarter. Northern Trust Corp raised its stake in Stratus Properties by 1.5% during the 4th quarter. Northern Trust Corp now owns 50,993 shares of the financial services provider's stock worth $1,059,000 after buying an additional 758 shares during the period. Finally, Tectonic Advisors LLC raised its stake 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 worth $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

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.