Tectonic Advisors LLC Increases Holdings in Stratus Properties Inc. (NASDAQ:STRS)

Tectonic Advisors LLC grew its holdings in shares of Stratus Properties Inc. (NASDAQ:STRS) by 11.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,716 shares of the financial services provider’s stock after purchasing an additional 4,743 shares during the quarter. Tectonic Advisors LLC owned approximately 0.57% of Stratus Properties worth $949,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Hodges Capital Management Inc. raised its stake in shares of Stratus Properties by 46.1% in the fourth quarter. Hodges Capital Management Inc. now owns 259,365 shares of the financial services provider’s stock worth $5,384,000 after buying an additional 81,895 shares during the period. JPMorgan Chase & Co. increased its holdings in Stratus Properties by 124.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,603 shares of the financial services provider’s stock worth $250,000 after acquiring an additional 5,323 shares in the last quarter. Barclays PLC raised its stake in Stratus Properties by 281.2% during the 3rd quarter. Barclays PLC now owns 7,335 shares of the financial services provider’s stock worth $191,000 after acquiring an additional 5,411 shares during the period. Geode Capital Management LLC lifted its holdings in Stratus Properties by 3.8% during the third quarter. Geode Capital Management LLC now owns 139,648 shares of the financial services provider’s stock valued at $3,630,000 after purchasing an additional 5,081 shares in the last quarter. Finally, Ingalls & Snyder LLC boosted its position in shares of Stratus Properties by 0.3% in the third quarter. Ingalls & Snyder LLC now owns 953,790 shares of the financial services provider’s stock worth $24,789,000 after purchasing an additional 2,516 shares during the period. 61.63% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, major shareholder Oasis Management Co Ltd. sold 1,775 shares of the firm’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $27.07, for a total transaction of $48,049.25. Following the completion of the transaction, the insider now directly owns 1,139,524 shares of the company’s stock, valued at approximately $30,846,914.68. This trade represents a 0.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 9.30% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Stratus Properties from a “sell” rating to a “hold” rating in a research report on Sunday, December 22nd.

Stratus Properties Price Performance

Shares of Stratus Properties stock opened at $20.18 on Thursday. The company has a market capitalization of $163.18 million, a price-to-earnings ratio of 144.14 and a beta of 1.17. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.60. The stock’s 50-day simple moving average is $21.34 and its 200-day simple moving average is $23.82. Stratus Properties Inc. has a 52 week low of $18.11 and a 52 week high of $30.66.

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.