Stratus Properties (NASDAQ:STRS) Stock Rating Lowered by Wall Street Zen

Wall Street Zen lowered shares of Stratus Properties (NASDAQ:STRS - Free Report) from a hold rating to a sell rating in a research report released on Saturday morning.

Stratus Properties Stock Performance

Shares of STRS traded up $0.04 during midday trading on Friday, reaching $17.66. 7,863 shares of the stock were exchanged, compared to its average volume of 8,342. 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 stock's 50 day simple moving average is $18.14 and its 200 day simple moving average is $20.11. Stratus Properties has a twelve month low of $15.10 and a twelve month high of $30.66. The company has a market cap of $142.57 million, a P/E ratio of 126.14 and a beta of 1.15.

Stratus Properties (NASDAQ:STRS - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The financial services provider reported ($0.36) earnings per share (EPS) for the quarter. The firm had revenue of $5.04 million for the quarter. Stratus Properties had a return on equity of 0.54% and a net margin of 3.33%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its stake in Stratus Properties by 150.4% during the fourth 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 in the last quarter. GAMMA Investing LLC grew its holdings in shares of Stratus Properties by 12,071.4% during the 1st quarter. GAMMA Investing LLC now owns 3,408 shares of the financial services provider's stock worth $60,000 after acquiring an additional 3,380 shares during the period. Wells Fargo & Company MN increased its position in 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 buying an additional 713 shares in the last quarter. Barclays PLC raised its position in shares of Stratus Properties by 14.7% in the 4th quarter. Barclays PLC now owns 8,416 shares of the financial services provider's stock worth $175,000 after purchasing an additional 1,081 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Stratus Properties in the first quarter worth about $206,000. 61.63% of the stock is currently owned by hedge funds and other institutional investors.

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.