Stratus Properties (NASDAQ:STRS) Now Covered by Analysts at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of Stratus Properties (NASDAQ:STRS) in a report issued on Monday. The brokerage set a “sell” rating on the financial services provider’s stock.

Stratus Properties Trading Down 2.5 %

NASDAQ:STRS opened at $17.85 on Monday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.09 and a quick ratio of 1.09. Stratus Properties has a one year low of $17.60 and a one year high of $30.66. The company has a market cap of $144.34 million, a PE ratio of 127.50 and a beta of 1.21. The firm has a 50-day moving average of $18.87 and a 200-day moving average of $22.05.

Stratus Properties (NASDAQ:STRS) last posted its earnings results on Friday, March 28th. The financial services provider reported ($0.06) EPS for the quarter. The firm had revenue of $10.30 million for the quarter. Stratus Properties had a return on equity of 0.54% and a net margin of 3.33%.

Institutional Investors Weigh In On Stratus Properties

Large investors have recently made changes to their positions in the business. Geode Capital Management LLC grew its position in Stratus Properties by 3.8% during the third quarter. Geode Capital Management LLC now owns 139,648 shares of the financial services provider’s stock valued at $3,630,000 after buying an additional 5,081 shares during the period. Hodges Capital Management Inc. boosted its stake in Stratus Properties by 46.1% in the fourth quarter. Hodges Capital Management Inc. now owns 259,365 shares of the financial services provider’s stock valued at $5,384,000 after acquiring an additional 81,895 shares during the last quarter. Barclays PLC grew its position in shares of Stratus Properties by 281.2% during the 3rd quarter. Barclays PLC now owns 7,335 shares of the financial services provider’s stock valued at $191,000 after acquiring an additional 5,411 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Stratus Properties by 124.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,603 shares of the financial services provider’s stock worth $250,000 after purchasing an additional 5,323 shares during the last quarter. Finally, Ingalls & Snyder LLC raised its holdings in shares of Stratus Properties by 0.3% in the 3rd quarter. Ingalls & Snyder LLC now owns 953,790 shares of the financial services provider’s stock worth $24,789,000 after purchasing an additional 2,516 shares during the period. 61.63% of the stock is owned by hedge funds and other institutional investors.

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.