Chilton Capital Management LLC Has $712,000 Stock Position in Stratus Properties Inc. $STRS

Chilton Capital Management LLC cut its stake in Stratus Properties Inc. (NASDAQ:STRS) by 35.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,714 shares of the financial services provider’s stock after selling 20,938 shares during the period. Chilton Capital Management LLC owned approximately 0.47% of Stratus Properties worth $712,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Ingalls & Snyder LLC boosted its stake in Stratus Properties by 0.5% in the 2nd quarter. Ingalls & Snyder LLC now owns 900,005 shares of the financial services provider’s stock worth $16,992,000 after purchasing an additional 4,804 shares during the period. Tectonic Advisors LLC lifted its stake in Stratus Properties by 6.8% in the 2nd quarter. Tectonic Advisors LLC now owns 57,995 shares of the financial services provider’s stock valued at $1,095,000 after acquiring an additional 3,670 shares in the last quarter. B & T Capital Management DBA Alpha Capital Management lifted its stake in Stratus Properties by 49.3% in the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 57,872 shares of the financial services provider’s stock valued at $1,027,000 after acquiring an additional 19,122 shares in the last quarter. Cresset Asset Management LLC lifted its stake in Stratus Properties by 8.2% in the 1st quarter. Cresset Asset Management LLC now owns 20,340 shares of the financial services provider’s stock valued at $361,000 after acquiring an additional 1,540 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in Stratus Properties by 30,116.9% in the 1st quarter. Russell Investments Group Ltd. now owns 19,641 shares of the financial services provider’s stock valued at $349,000 after acquiring an additional 19,576 shares in the last quarter. 61.63% of the stock is owned by institutional investors and hedge funds.

Stratus Properties Trading Up 5.1%

Stratus Properties stock opened at $20.53 on Monday. The firm has a 50-day moving average of $19.85 and a 200-day moving average of $18.75. Stratus Properties Inc. has a one year low of $15.10 and a one year high of $27.82. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.80 and a quick ratio of 3.80. The company has a market cap of $165.88 million, a price-to-earnings ratio of -46.66 and a beta of 1.30.

Stratus Properties (NASDAQ:STRS) last posted its quarterly earnings data on Tuesday, August 12th. The financial services provider reported $0.03 EPS for the quarter. Stratus Properties had a negative net margin of 9.73% and a negative return on equity of 1.13%. The company had revenue of $11.60 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Stratus Properties in a research note on Saturday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Stratus Properties currently has a consensus rating of “Sell”.

Insider Activity at Stratus Properties

In other news, major shareholder Oasis Management Co Ltd. sold 1,998 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $21.02, for a total transaction of $41,997.96. Following the completion of the transaction, the insider directly owned 1,134,878 shares in the company, valued at $23,855,135.56. This represents a 0.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 10.00% of the stock is currently owned by corporate insiders.

Stratus Properties 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.