Stratus Properties (NASDAQ:STRS) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Stratus Properties (NASDAQ:STRS) from a "sell" to a "buy" rating in a research note issued Saturday.
• Despite that upgrade, Weiss Ratings reaffirmed a "sell (d)" and MarketBeat shows the company still has a consensus rating of "Sell".
• The stock opened at $29.91 with a market cap of $238.8M and a P/E of 20.49; Stratus reported quarterly EPS of $2.41, a 12‑month range of $15.10–$32.93, and institutional investors own about 61.6% of the shares.

Stratus Properties (NASDAQ:STRS - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "sell" rating to a "buy" rating in a research note issued on Saturday.

Separately, Weiss Ratings restated a "sell (d)" rating on shares of Stratus Properties in a research report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Sell".

Stratus Properties Stock Performance

Shares of STRS stock opened at $29.91 on Friday. The company has a market capitalization of $238.77 million, a P/E ratio of 20.49 and a beta of 1.20. Stratus Properties has a 12-month low of $15.10 and a 12-month high of $32.93. The company has a quick ratio of 3.67, a current ratio of 3.99 and a debt-to-equity ratio of 0.41. The firm has a 50-day moving average price of $29.95 and a 200 day moving average price of $24.74.

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

Institutional Investors Weigh In On Stratus Properties

Hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC increased its position in Stratus Properties by 10.6% in the 4th quarter. Barclays PLC now owns 10,428 shares of the financial services provider's stock valued at $252,000 after acquiring an additional 1,001 shares in the last quarter. State Street Corp lifted its position in shares of Stratus Properties by 2.9% during the fourth quarter. State Street Corp now owns 88,136 shares of the financial services provider's stock worth $2,131,000 after purchasing an additional 2,446 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Stratus Properties by 46.2% during the fourth quarter. Wells Fargo & Company MN now owns 7,488 shares of the financial services provider's stock valued at $181,000 after purchasing an additional 2,367 shares during the last quarter. MetLife Investment Management LLC bought a new stake in shares of Stratus Properties during the fourth quarter valued at approximately $93,000. Finally, Nuveen LLC acquired a new stake in shares of Stratus Properties in the fourth quarter valued at approximately $206,000. Institutional investors own 61.63% of the company's stock.

About Stratus Properties

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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