Investment analysts at StockNews.com began coverage on shares of Stratus Properties (NASDAQ:STRS - Get Free Report) in a research report issued on Thursday. The firm set a "sell" rating on the financial services provider's stock.
Stratus Properties Stock Up 3.9 %
Shares of STRS traded up $0.63 during midday trading on Thursday, reaching $16.79. 5,185 shares of the stock were exchanged, compared to its average volume of 8,351. Stratus Properties has a 12-month low of $15.50 and a 12-month high of $30.66. The firm has a 50 day simple moving average of $18.03 and a 200-day simple moving average of $20.79. 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 company has a market cap of $135.55 million, a price-to-earnings ratio of 119.93 and a beta of 0.98.
Stratus Properties (NASDAQ:STRS - Get Free Report) last posted its quarterly earnings results on Friday, March 28th. The financial services provider reported ($0.06) earnings per share for the quarter. Stratus Properties had a return on equity of 0.54% and a net margin of 3.33%. The firm had revenue of $10.30 million for the quarter.
Hedge Funds Weigh In On Stratus Properties
Several hedge funds and other institutional investors have recently added to or reduced their stakes in STRS. Dimensional Fund Advisors LP grew its stake in Stratus Properties by 0.6% in 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 buying an additional 2,523 shares during the last quarter. Hodges Capital Management Inc. boosted its holdings in Stratus Properties by 46.1% during the fourth quarter. Hodges Capital Management Inc. now owns 259,365 shares of the financial services provider's stock valued at $5,384,000 after acquiring an additional 81,895 shares during the period. Geode Capital Management LLC grew its position in shares of Stratus Properties by 3.8% in 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 purchasing an additional 5,081 shares during the last quarter. Northern Trust Corp increased its stake in shares of Stratus Properties by 1.5% in the fourth quarter. Northern Trust Corp now owns 50,993 shares of the financial services provider's stock worth $1,059,000 after purchasing an additional 758 shares during the period. Finally, Tectonic Advisors LLC increased its stake in shares of Stratus Properties by 11.6% in the fourth quarter. Tectonic Advisors LLC now owns 45,716 shares of the financial services provider's stock worth $949,000 after purchasing an additional 4,743 shares during the period. Institutional investors and hedge funds own 61.63% of the company's stock.
Stratus Properties Company Profile
(
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.
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