Stratus Properties (NASDAQ:STRS) Earns Sell Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Stratus Properties (NASDAQ:STRS) in a report issued on Saturday. The brokerage issued a sell rating on the financial services provider’s stock.

Stratus Properties Trading Down 0.1 %

Shares of Stratus Properties stock opened at $18.06 on Friday. The firm has a market cap of $146.03 million, a PE ratio of 129.00 and a beta of 1.21. Stratus Properties has a 1 year low of $17.65 and a 1 year 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 fifty day moving average price of $19.09 and a 200-day moving average price of $22.49.

Hedge Funds Weigh In On Stratus Properties

Several institutional investors have recently bought and sold shares of the company. Cresset Asset Management LLC purchased a new stake in shares of Stratus Properties during the 4th quarter valued at approximately $390,000. Bank of America Corp DE raised its holdings in Stratus Properties by 8.2% during the 4th quarter. Bank of America Corp DE now owns 22,004 shares of the financial services provider’s stock valued at $457,000 after acquiring an additional 1,670 shares during the period. Northern Trust Corp lifted its position in shares of Stratus Properties by 1.5% during the fourth quarter. Northern Trust Corp now owns 50,993 shares of the financial services provider’s stock worth $1,059,000 after acquiring an additional 758 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Stratus Properties by 8.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 10,061 shares of the financial services provider’s stock worth $209,000 after acquiring an additional 772 shares during the period. Finally, Tower Research Capital LLC TRC grew its position in shares of Stratus Properties by 150.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,575 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 946 shares in the last quarter. Hedge funds and other institutional investors own 61.63% of the company’s stock.

About Stratus Properties

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.