Stratus Properties (NASDAQ:STRS) Stock Crosses Above 50 Day Moving Average - Time to Sell?

Stratus Properties Inc. (NASDAQ:STRS - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $17.88 and traded as high as $19.62. Stratus Properties shares last traded at $19.39, with a volume of 4,477 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Stratus Properties in a research report on Saturday. They set a "sell" rating for the company.

Stratus Properties Trading Down 4.0 %

The firm has a market cap of $156.54 million, a P/E ratio of 138.50 and a beta of 1.15. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a fifty day simple moving average of $17.88 and a 200 day simple moving average of $20.46.

Stratus Properties (NASDAQ:STRS - Get Free Report) last issued its earnings results on Friday, March 28th. The financial services provider reported ($0.06) earnings per share for the quarter. The business had revenue of $10.30 million during the quarter. Stratus Properties had a return on equity of 0.54% and a net margin of 3.33%.

Institutional Investors Weigh In On Stratus Properties

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its position in Stratus Properties by 16.4% during the fourth quarter. Wells Fargo & Company MN now owns 5,073 shares of the financial services provider's stock valued at $105,000 after acquiring an additional 713 shares during the last quarter. Northern Trust Corp grew its stake in shares of 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 purchasing an additional 758 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of 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 purchasing an additional 772 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Stratus Properties by 150.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,575 shares of the financial services provider's stock worth $33,000 after purchasing an additional 946 shares during the period. Finally, Barclays PLC boosted its holdings in shares of Stratus Properties by 14.7% in the fourth quarter. Barclays PLC now owns 8,416 shares of the financial services provider's stock worth $175,000 after buying an additional 1,081 shares during the last quarter. Hedge funds and other institutional investors own 61.63% of the company's stock.

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.

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