B & T Capital Management DBA Alpha Capital Management grew its holdings in shares of Stratus Properties Inc. (NASDAQ:STRS - Free Report) by 49.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,872 shares of the financial services provider's stock after acquiring an additional 19,122 shares during the quarter. B & T Capital Management DBA Alpha Capital Management owned about 0.72% of Stratus Properties worth $1,027,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of STRS. JPMorgan Chase & Co. boosted its position in shares of Stratus Properties by 113.1% during the 4th quarter. JPMorgan Chase & Co. now owns 20,460 shares of the financial services provider's stock valued at $425,000 after acquiring an additional 10,857 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Stratus Properties by 16.4% during the 4th quarter. Wells Fargo & Company MN now owns 5,073 shares of the financial services provider's stock valued at $105,000 after acquiring an additional 713 shares during the last quarter. Barclays PLC boosted its position in shares of Stratus Properties by 14.7% during the 4th quarter. Barclays PLC now owns 8,416 shares of the financial services provider's stock valued at $175,000 after acquiring an additional 1,081 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Stratus Properties by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 419,384 shares of the financial services provider's stock valued at $8,705,000 after acquiring an additional 2,523 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of Stratus Properties by 150.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,575 shares of the financial services provider's stock valued at $33,000 after acquiring an additional 946 shares during the last quarter. Institutional investors own 61.63% of the company's stock.
Stratus Properties Price Performance
NASDAQ:STRS traded down $1.63 during mid-day trading on Friday, reaching $18.99. The stock had a trading volume of 13,684 shares, compared to its average volume of 9,378. The firm has a 50 day moving average price of $18.99 and a two-hundred day moving average price of $18.79. The stock has a market capitalization of $153.25 million, a P/E ratio of -27.93 and a beta of 1.17. Stratus Properties Inc. has a one year low of $15.10 and a one year high of $30.66. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.04 and a current ratio of 1.04.
Stratus Properties (NASDAQ:STRS - Get Free Report) last released its earnings results on Thursday, May 15th. The financial services provider reported ($0.36) earnings per share for the quarter. The firm had revenue of $5.04 million during the quarter. Stratus Properties had a negative return on equity of 1.84% and a negative net margin of 16.72%.
Insider Buying and Selling
In other Stratus Properties news, Director James Joseph sold 5,000 shares of Stratus Properties stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $18.82, for a total value of $94,100.00. Following the transaction, the director directly owned 15,715 shares of the company's stock, valued at $295,756.30. The trade was a 24.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 10.00% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen downgraded Stratus Properties from a "hold" rating to a "sell" rating in a research report on Saturday, May 24th.
Read Our Latest Stock Analysis on Stratus Properties
Stratus Properties Profile
(
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.
Read More
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
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
