Stratus Properties Inc. (NASDAQ:STRS - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.80 and traded as low as $18.56. Stratus Properties shares last traded at $19.29, with a volume of 4,846 shares.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered shares of Stratus Properties from a "hold" rating to a "sell" rating in a report on Saturday, May 24th.
Check Out Our Latest Stock Analysis on STRS
Stratus Properties Stock Performance
The stock's 50 day moving average price is $18.26 and its 200 day moving average price is $19.66. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.60. The firm has a market cap of $146.69 million, a PE ratio of 129.79 and a beta of 1.18.
Stratus Properties (NASDAQ:STRS - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The financial services provider reported ($0.36) earnings per share (EPS) 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 $5.04 million during the quarter.
Institutional Investors Weigh In On Stratus Properties
A number of large investors have recently modified their holdings of the stock. Cresset Asset Management LLC lifted its position in Stratus Properties by 8.2% during the 1st quarter. Cresset Asset Management LLC now owns 20,340 shares of the financial services provider's stock worth $361,000 after acquiring an additional 1,540 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Stratus Properties by 30,116.9% during the first quarter. Russell Investments Group Ltd. now owns 19,641 shares of the financial services provider's stock valued at $349,000 after purchasing an additional 19,576 shares during the period. Nuveen LLC acquired a new position in shares of Stratus Properties during the first quarter worth $206,000. Tectonic Advisors LLC lifted its position in shares of Stratus Properties by 18.8% during the first quarter. Tectonic Advisors LLC now owns 54,325 shares of the financial services provider's stock worth $964,000 after purchasing an additional 8,609 shares in the last quarter. Finally, B & T Capital Management DBA Alpha Capital Management boosted its stake in shares of Stratus Properties by 49.3% in the first quarter. B & T Capital Management DBA Alpha Capital Management now owns 57,872 shares of the financial services provider's stock valued at $1,027,000 after purchasing an additional 19,122 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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