Stratus Properties (NASDAQ:STRS) Raised to “Sell” at Wall Street Zen

Stratus Properties (NASDAQ:STRS) was upgraded by stock analysts at Wall Street Zen to a “sell” rating in a note issued to investors on Friday.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Stratus Properties in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Stratus Properties has an average rating of “Sell”.

Stratus Properties Stock Performance

Shares of STRS opened at $26.73 on Friday. Stratus Properties has a 12 month low of $15.10 and a 12 month high of $27.33. The stock has a fifty day moving average price of $23.77 and a 200-day moving average price of $20.63. The firm has a market cap of $213.57 million, a PE ratio of -26.47 and a beta of 1.27. The company has a current ratio of 3.67, a quick ratio of 3.67 and a debt-to-equity ratio of 0.61.

Stratus Properties (NASDAQ:STRS) last released its earnings results on Wednesday, November 12th. The financial services provider reported ($0.62) earnings per share (EPS) for the quarter. The company had revenue of $4.97 million during the quarter. Stratus Properties had a negative net margin of 25.38% and a negative return on equity of 2.57%.

Institutional Investors Weigh In On Stratus Properties

A number of institutional investors and hedge funds have recently made changes to their positions in STRS. Geode Capital Management LLC grew its holdings in shares of Stratus Properties by 11.1% during the second quarter. Geode Capital Management LLC now owns 159,286 shares of the financial services provider’s stock worth $3,008,000 after buying an additional 15,896 shares during the last quarter. Vanguard Group Inc. lifted its position in Stratus Properties by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 430,395 shares of the financial services provider’s stock worth $9,107,000 after acquiring an additional 7,994 shares during the period. Tectonic Advisors LLC lifted its position in Stratus Properties by 12.4% during the 4th quarter. Tectonic Advisors LLC now owns 59,147 shares of the financial services provider’s stock worth $1,430,000 after acquiring an additional 6,512 shares during the period. Ingalls & Snyder LLC grew its stake in shares of Stratus Properties by 0.5% in the 2nd quarter. Ingalls & Snyder LLC now owns 900,005 shares of the financial services provider’s stock valued at $16,992,000 after purchasing an additional 4,804 shares during the last quarter. Finally, Hodges Capital Management Inc. increased its holdings in shares of Stratus Properties by 1.5% in the second quarter. Hodges Capital Management Inc. now owns 145,470 shares of the financial services provider’s stock valued at $2,746,000 after purchasing an additional 2,100 shares during the period. 61.63% of the stock is owned by hedge funds and other institutional investors.

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.