StockNews.com upgraded shares of Stratus Properties (NASDAQ:STRS – Free Report) from a sell rating to a hold rating in a research note issued to investors on Thursday morning.
Stratus Properties Trading Up 0.6 %
NASDAQ STRS opened at $27.99 on Thursday. Stratus Properties has a 12 month low of $20.30 and a 12 month high of $30.66. The stock has a market cap of $226.16 million, a P/E ratio of -47.44 and a beta of 1.12. The stock’s fifty day moving average price is $25.04 and its 200-day moving average price is $23.83. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.56.
Stratus Properties (NASDAQ:STRS – Get Free Report) last released its earnings results on Tuesday, May 14th. The financial services provider reported $0.56 EPS for the quarter. The firm had revenue of $26.51 million for the quarter. Stratus Properties had a negative return on equity of 1.50% and a negative net margin of 11.73%.
Insider Activity
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets lifted its holdings in shares of Stratus Properties by 75.4% during the first quarter. BNP Paribas Financial Markets now owns 2,853 shares of the financial services provider’s stock valued at $65,000 after purchasing an additional 1,226 shares in the last quarter. Roanoke Asset Management Corp NY bought a new position in Stratus Properties in the fourth quarter valued at about $202,000. Price T Rowe Associates Inc. MD lifted its holdings in Stratus Properties by 5.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 10,862 shares of the financial services provider’s stock valued at $248,000 after acquiring an additional 525 shares during the period. Pallas Capital Advisors LLC bought a new position in Stratus Properties in the fourth quarter valued at about $577,000. Finally, Tectonic Advisors LLC lifted its holdings in Stratus Properties by 7.9% in the fourth quarter. Tectonic Advisors LLC now owns 36,198 shares of the financial services provider’s stock valued at $1,045,000 after acquiring an additional 2,639 shares during the period. 61.63% of the stock is owned by institutional investors.
About Stratus Properties
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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