Stratus Properties (NASDAQ:STRS) Lowered to “Sell” at StockNews.com

StockNews.com cut shares of Stratus Properties (NASDAQ:STRS) from a hold rating to a sell rating in a report released on Friday morning.

Stratus Properties Trading Up 2.1 %

NASDAQ STRS opened at $24.75 on Friday. Stratus Properties has a 12 month low of $20.30 and a 12 month high of $29.99. The company has a 50-day moving average of $23.70 and a 200-day moving average of $24.07. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market cap of $199.98 million, a P/E ratio of -41.95 and a beta of 1.14.

Stratus Properties (NASDAQ:STRS) last posted its earnings results on Tuesday, May 14th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter. The firm had revenue of $26.51 million during the quarter. Stratus Properties had a negative net margin of 11.73% and a negative return on equity of 1.50%.

Institutional Trading of Stratus Properties

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its position in Stratus Properties by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 408,565 shares of the financial services provider’s stock worth $9,328,000 after purchasing an additional 1,155 shares in the last quarter. Chilton Capital Management LLC boosted its holdings in Stratus Properties by 2.7% in the 1st quarter. Chilton Capital Management LLC now owns 76,247 shares of the financial services provider’s stock worth $1,741,000 after acquiring an additional 2,000 shares during the period. First Dallas Securities Inc. purchased a new position in Stratus Properties in the 3rd quarter worth approximately $1,096,000. Tectonic Advisors LLC boosted its holdings in Stratus Properties by 1.5% in the 1st quarter. Tectonic Advisors LLC now owns 36,726 shares of the financial services provider’s stock worth $838,000 after acquiring an additional 528 shares during the period. Finally, Pallas Capital Advisors LLC purchased a new position in Stratus Properties in the 4th quarter worth approximately $577,000. Institutional investors and hedge funds 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.