B & T Capital Management DBA Alpha Capital Management Purchases 19,122 Shares of Stratus Properties Inc. (NASDAQ:STRS)

B & T Capital Management DBA Alpha Capital Management lifted its holdings in Stratus Properties Inc. (NASDAQ:STRS - Free Report) by 49.3% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 57,872 shares of the financial services provider's stock after buying an additional 19,122 shares during the period. B & T Capital Management DBA Alpha Capital Management owned approximately 0.72% of Stratus Properties worth $1,027,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wells Fargo & Company MN lifted its stake in Stratus Properties by 16.4% in the fourth quarter. Wells Fargo & Company MN now owns 5,073 shares of the financial services provider's stock valued at $105,000 after purchasing an additional 713 shares during the last quarter. Northern Trust Corp raised its holdings 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 valued at $1,059,000 after acquiring an additional 758 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Stratus Properties by 8.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,061 shares of the financial services provider's stock valued at $209,000 after acquiring an additional 772 shares during the period. Tower Research Capital LLC TRC raised its holdings in 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 period. Finally, Barclays PLC raised its holdings in 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 period. Hedge funds and other institutional investors own 61.63% of the company's stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Stratus Properties from a "hold" rating to a "sell" rating in a report on Saturday, May 24th.

Stratus Properties Price Performance

Shares of Stratus Properties stock traded down $0.70 during trading on Tuesday, hitting $18.01. The stock had a trading volume of 32,678 shares, compared to its average volume of 9,438. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.71. Stratus Properties Inc. has a 12 month low of $15.10 and a 12 month high of $30.66. The firm has a market cap of $145.39 million, a price-to-earnings ratio of -26.48 and a beta of 1.17. The business's 50-day moving average is $18.99 and its 200 day moving average is $18.76.

Stratus Properties (NASDAQ:STRS - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The financial services provider reported ($0.36) EPS for the quarter. Stratus Properties had a negative return on equity of 1.84% and a negative net margin of 16.72%. The business had revenue of $5.04 million for the quarter.

Insider Activity at Stratus Properties

In other news, Director James Joseph sold 5,000 shares of the business's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $18.82, for a total transaction of $94,100.00. Following the completion of the transaction, the director owned 15,715 shares of the company's stock, valued at approximately $295,756.30. The trade was a 24.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 10.00% of the company's stock.

Stratus Properties 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.