Stratus Properties (NASDAQ:STRS) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Stratus Properties (NASDAQ:STRS) in a report published on Wednesday. The firm issued a sell rating on the financial services provider’s stock.

Stratus Properties Price Performance

Stratus Properties stock opened at $17.73 on Wednesday. Stratus Properties has a 52 week low of $15.50 and a 52 week high of $30.66. The company’s 50 day moving average price is $18.51 and its two-hundred day moving average price is $21.28. The stock has a market cap of $143.13 million, a P/E ratio of 126.64 and a beta of 0.98. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.60.

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

Institutional Trading of Stratus Properties

A number of large investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its position 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 valued at $60,000 after acquiring an additional 3,380 shares during the period. Cresset Asset Management LLC purchased a new position in Stratus Properties in the fourth quarter valued at approximately $390,000. Bank of America Corp DE grew its holdings in Stratus Properties by 8.2% during the fourth quarter. Bank of America Corp DE now owns 22,004 shares of the financial services provider’s stock valued at $457,000 after purchasing an additional 1,670 shares during the period. Northern Trust Corp increased its position in Stratus Properties by 1.5% in the fourth quarter. Northern Trust Corp now owns 50,993 shares of the financial services provider’s stock worth $1,059,000 after buying an additional 758 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Stratus Properties by 8.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 10,061 shares of the financial services provider’s stock valued at $209,000 after buying an additional 772 shares during the period. 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.