Stratus Properties (NASDAQ:STRS) Downgraded to Hold Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded Stratus Properties (NASDAQ:STRS) from a Buy to a Hold, while Weiss Ratings upgraded the stock from "sell (d)" to "hold (c-)", leaving the MarketBeat consensus rating at Hold.
• STRS opened at $30.28 with a market cap of $241.6 million, a P/E of 20.74, a 52‑week range of $15.10–$32.93, and 50‑/200‑day moving averages of $30.36 and $25.98 respectively.
• Insiders have sold 142,211 shares in the last 90 days (including a recent 4,916‑share sale by Oasis Management) but still own 10% of the company, while institutional investors hold about 61.63% of the stock.

Stratus Properties (NASDAQ:STRS - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Saturday.

Separately, Weiss Ratings upgraded shares of Stratus Properties from a "sell (d)" rating to a "hold (c-)" rating in a research note on Friday, April 10th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Stratus Properties has a consensus rating of "Hold".

Stratus Properties Stock Up 0.1%

STRS opened at $30.28 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.99 and a current ratio of 3.99. Stratus Properties has a fifty-two week low of $15.10 and a fifty-two week high of $32.93. The firm's fifty day moving average is $30.36 and its 200 day moving average is $25.98. The stock has a market cap of $241.63 million, a price-to-earnings ratio of 20.74 and a beta of 1.06.

Stratus Properties (NASDAQ:STRS - Get Free Report) last released its earnings results on Friday, March 27th. The financial services provider reported $2.41 earnings per share for the quarter. Stratus Properties had a net margin of 40.06% and a return on equity of 3.66%. The company had revenue of $8.30 million for the quarter.

Insider Transactions at Stratus Properties

In other Stratus Properties news, major shareholder Oasis Management Co Ltd. sold 4,916 shares of Stratus Properties stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $30.03, for a total value of $147,627.48. Following the sale, the insider directly owned 991,849 shares in the company, valued at approximately $29,785,225.47. The trade was a 0.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 142,211 shares of company stock valued at $4,272,278. Insiders own 10.00% of the company's stock.

Institutional Trading of Stratus Properties

Institutional investors and hedge funds have recently bought and sold shares of the stock. BNP Paribas Financial Markets increased its holdings in Stratus Properties by 84.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,265 shares of the financial services provider's stock valued at $27,000 after acquiring an additional 580 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in Stratus Properties by 348.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,451 shares of the financial services provider's stock valued at $46,000 after acquiring an additional 1,904 shares during the last quarter. MetLife Investment Management LLC bought a new stake in Stratus Properties in the 4th quarter valued at $93,000. Wells Fargo & Company MN increased its holdings in Stratus Properties by 46.2% in the 4th quarter. Wells Fargo & Company MN now owns 7,488 shares of the financial services provider's stock valued at $181,000 after acquiring an additional 2,367 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Stratus Properties by 30.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,465 shares of the financial services provider's stock worth $179,000 after buying an additional 1,985 shares during the last quarter. 61.63% of the stock is currently owned by institutional investors.

Stratus Properties Company Profile

Stratus Properties, Inc NASDAQ: STRS is a publicly traded real estate investment and management company focused on acquiring, owning and operating single-tenant commercial properties in the United States. The company targets net‐lease assets in the office, industrial and retail sectors, seeking long-term, creditworthy tenants under triple-net leases that transfer property-related expenses to lessees. Stratus Properties employs a disciplined investment strategy designed to generate stable, risk-adjusted returns for its shareholders.

Since its initial public offering in 2014, Stratus Properties has built a diversified portfolio of properties across major metropolitan and secondary markets.

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