Equities research analysts at StockNews.com initiated coverage on shares of Stratus Properties (NASDAQ:STRS - Get Free Report) in a research report issued on Friday. The firm set a "sell" rating on the financial services provider's stock.
Stratus Properties Price Performance
Shares of STRS stock traded up $1.03 during trading hours on Friday, hitting $17.16. 6,047 shares of the company's stock were exchanged, compared to its average volume of 8,366. The stock's 50-day moving average is $17.81 and its 200-day moving average is $20.54. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.09 and a quick ratio of 1.09. Stratus Properties has a 52 week low of $15.10 and a 52 week high of $30.66. The stock has a market cap of $138.53 million, a price-to-earnings ratio of 121.93 and a beta of 0.98.
Stratus Properties (NASDAQ:STRS - Get Free Report) last posted its quarterly earnings data on Friday, March 28th. The financial services provider reported ($0.06) earnings per share for the quarter. Stratus Properties had a net margin of 3.33% and a return on equity of 0.54%. The company had revenue of $10.30 million during the quarter.
Institutional Trading of Stratus Properties
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC boosted its stake 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 worth $33,000 after acquiring an additional 946 shares during the last quarter. GAMMA Investing LLC boosted 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 buying an additional 3,380 shares during the period. Wells Fargo & Company MN boosted its stake in Stratus Properties by 16.4% in the 4th 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 period. Barclays PLC raised its stake in Stratus Properties by 281.2% in the 3rd quarter. Barclays PLC now owns 7,335 shares of the financial services provider's stock worth $191,000 after purchasing an additional 5,411 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Stratus Properties by 124.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,603 shares of the financial services provider's stock valued at $250,000 after acquiring an additional 5,323 shares in the last quarter. 61.63% of the stock is currently owned by institutional investors and hedge funds.
About Stratus Properties
(
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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