Stratus Properties (NASDAQ:STRS) Director James Joseph Sells 3,380 Shares of Stock

Stratus Properties Inc. (NASDAQ:STRS) Director James Joseph sold 3,380 shares of Stratus Properties stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $27.77, for a total value of $93,862.60. Following the sale, the director directly owned 2,286 shares of the company’s stock, valued at approximately $63,482.22. The trade was a 59.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Stratus Properties Price Performance

STRS opened at $27.61 on Friday. The stock has a market cap of $220.33 million, a price-to-earnings ratio of 10.46 and a beta of 1.02. Stratus Properties Inc. has a 1 year low of $15.35 and a 1 year high of $32.93. The company has a current ratio of 3.70, a quick ratio of 3.70 and a debt-to-equity ratio of 0.41. The stock has a fifty day moving average price of $29.72 and a 200 day moving average price of $27.68.

Stratus Properties (NASDAQ:STRS) last released its quarterly earnings data on Tuesday, May 12th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter. The firm had revenue of $3.79 million during the quarter. Stratus Properties had a return on equity of 6.28% and a net margin of 74.96%.During the same period in the previous year, the business posted ($0.36) EPS.

Institutional Trading of Stratus Properties

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Stratus Properties by 1.9% in the third quarter. Vanguard Group Inc. now owns 430,395 shares of the financial services provider’s stock worth $9,107,000 after buying an additional 7,994 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Stratus Properties by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 160,080 shares of the financial services provider’s stock worth $3,872,000 after buying an additional 1,393 shares during the last quarter. Hodges Capital Management Inc. lifted its position in shares of Stratus Properties by 9.3% in the fourth quarter. Hodges Capital Management Inc. now owns 159,770 shares of the financial services provider’s stock worth $3,863,000 after buying an additional 13,600 shares during the last quarter. State Street Corp lifted its position in shares of Stratus Properties by 2.9% in the fourth quarter. State Street Corp now owns 88,136 shares of the financial services provider’s stock worth $2,131,000 after buying an additional 2,446 shares during the last quarter. Finally, Tectonic Advisors LLC lifted its position in shares of Stratus Properties by 12.4% in the fourth quarter. Tectonic Advisors LLC now owns 59,147 shares of the financial services provider’s stock worth $1,430,000 after buying an additional 6,512 shares during the last quarter. Institutional investors and hedge funds own 61.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Weiss Ratings raised Stratus Properties from a “sell (d)” rating to a “hold (c-)” rating in a research report on Friday, April 10th. Wall Street Zen cut Stratus Properties from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

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.