Shares of Stratus Properties Inc. (NASDAQ:STRS - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $23.24 and traded as low as $18.22. Stratus Properties shares last traded at $18.92, with a volume of 7,255 shares changing hands.
Analyst Ratings Changes
Separately, StockNews.com upgraded Stratus Properties from a "sell" rating to a "hold" rating in a report on Sunday, December 22nd.
View Our Latest Report on STRS
Stratus Properties Stock Down 2.0 %
The business has a 50-day moving average price of $20.06 and a 200-day moving average price of $23.24. The company has a market capitalization of $153.06 million, a price-to-earnings ratio of 135.14 and a beta of 1.17. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.60.
Institutional Investors Weigh In On Stratus Properties
A number of institutional investors and hedge funds have recently modified their holdings of STRS. Tectonic Advisors LLC raised its position in shares of Stratus Properties by 4.7% during the third quarter. Tectonic Advisors LLC now owns 40,973 shares of the financial services provider's stock worth $1,065,000 after purchasing an additional 1,852 shares during the period. Ingalls & Snyder LLC raised its position in shares of Stratus Properties by 0.3% during the third quarter. Ingalls & Snyder LLC now owns 953,790 shares of the financial services provider's stock worth $24,789,000 after purchasing an additional 2,516 shares during the period. Hodges Capital Management Inc. raised its position in shares of Stratus Properties by 1.8% during the third quarter. Hodges Capital Management Inc. now owns 177,470 shares of the financial services provider's stock worth $4,612,000 after purchasing an additional 3,195 shares during the period. Barclays PLC raised its position in shares of Stratus Properties by 281.2% during the third quarter. Barclays PLC now owns 7,335 shares of the financial services provider's stock worth $191,000 after purchasing an additional 5,411 shares during the period. Finally, Geode Capital Management LLC raised 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 buying an additional 5,081 shares during the period. 61.63% of the stock is owned by institutional investors and hedge funds.
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
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Stratus Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Stratus Properties wasn't on the list.
While Stratus Properties currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
