Stratus Properties (NASDAQ:STRS - Get Free Report)'s stock had its "sell (d-)" rating reiterated by Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.
Stratus Properties Trading Down 2.2%
Stratus Properties stock opened at $19.93 on Wednesday. The company has a quick ratio of 3.80, a current ratio of 3.80 and a debt-to-equity ratio of 0.59. Stratus Properties has a 52 week low of $15.10 and a 52 week high of $27.82. The company has a market capitalization of $161.03 million, a price-to-earnings ratio of -45.29 and a beta of 1.30. The stock has a 50-day moving average price of $18.98 and a 200 day moving average price of $18.60.
Stratus Properties (NASDAQ:STRS - Get Free Report) last released its earnings results on Tuesday, August 12th. The financial services provider reported $0.03 EPS for the quarter. Stratus Properties had a negative return on equity of 1.13% and a negative net margin of 9.73%.The firm had revenue of $11.60 million during the quarter.
Insider Activity at Stratus Properties
In related news, major shareholder Oasis Management Co Ltd. sold 1,998 shares of Stratus Properties stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $21.02, for a total transaction of $41,997.96. Following the completion of the sale, the insider owned 1,134,878 shares of the company's stock, valued at $23,855,135.56. The trade was a 0.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 10.00% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Police & Firemen s Retirement System of New Jersey acquired a new position in Stratus Properties in the second quarter valued at approximately $26,000. Tower Research Capital LLC TRC lifted its holdings in Stratus Properties by 348.1% in the second quarter. Tower Research Capital LLC TRC now owns 2,451 shares of the financial services provider's stock valued at $46,000 after acquiring an additional 1,904 shares during the period. GAMMA Investing LLC lifted its holdings in Stratus Properties by 12,071.4% in the first quarter. GAMMA Investing LLC now owns 3,408 shares of the financial services provider's stock valued at $60,000 after acquiring an additional 3,380 shares during the period. Nuveen LLC acquired a new position in Stratus Properties in the first quarter valued at approximately $206,000. Finally, Russell Investments Group Ltd. lifted its holdings in Stratus Properties by 30,116.9% in the first quarter. Russell Investments Group Ltd. now owns 19,641 shares of the financial services provider's stock valued at $349,000 after acquiring an additional 19,576 shares during the period. 61.63% of the stock is 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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