Stratus Properties (NASDAQ:STRS) Coverage Initiated at StockNews.com

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

Stratus Properties Trading Down 2.4 %

NASDAQ:STRS opened at $17.32 on Monday. Stratus Properties has a 52 week low of $17.32 and a 52 week high of $30.66. The firm has a 50-day moving average price of $18.77 and a two-hundred day moving average price of $21.93. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $140.05 million, a price-to-earnings ratio of 123.71 and a beta of 1.21.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC grew its holdings in Stratus Properties by 150.4% during 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 during the period. Wells Fargo & Company MN increased its holdings 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 worth $105,000 after acquiring an additional 713 shares during the last quarter. Barclays PLC raised its stake 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 acquiring an additional 1,081 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Stratus Properties by 8.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 10,061 shares of the financial services provider’s stock valued at $209,000 after purchasing an additional 772 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Stratus Properties by 124.4% during the third 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 period. 61.63% of the stock is owned by institutional investors.

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.