StockNews.com Begins Coverage on Stratus Properties (NASDAQ:STRS)

StockNews.com began coverage on shares of Stratus Properties (NASDAQ:STRS) in a research note published on Friday. The firm issued a sell rating on the financial services provider’s stock.

Stratus Properties Trading Down 0.4 %

NASDAQ:STRS opened at $18.48 on Friday. Stratus Properties has a fifty-two week low of $17.74 and a fifty-two week high of $30.66. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a market capitalization of $149.43 million, a PE ratio of 132.00 and a beta of 1.21. The business’s 50-day simple moving average is $19.34 and its 200-day simple moving average is $22.79.

Hedge Funds Weigh In On Stratus Properties

Institutional investors have recently modified their holdings of the business. Tower Research Capital LLC TRC raised its position in Stratus Properties by 150.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,575 shares of the financial services provider’s stock valued at $33,000 after buying an additional 946 shares during the last quarter. Wells Fargo & Company MN raised its position in Stratus Properties by 16.4% in the 4th quarter. Wells Fargo & Company MN now owns 5,073 shares of the financial services provider’s stock valued at $105,000 after buying an additional 713 shares during the last quarter. Barclays PLC raised its position in Stratus Properties by 14.7% in the 4th quarter. Barclays PLC now owns 8,416 shares of the financial services provider’s stock valued at $175,000 after buying an additional 1,081 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in Stratus Properties by 8.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,061 shares of the financial services provider’s stock valued at $209,000 after buying an additional 772 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position 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 valued at $250,000 after buying an additional 5,323 shares during the last quarter. Institutional investors own 61.63% of the company’s stock.

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.