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

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

Stratus Properties Stock Up 2.6 %

Stratus Properties stock opened at $15.84 on Friday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.60. Stratus Properties has a 1-year low of $15.41 and a 1-year high of $30.66. The company has a fifty day simple moving average of $17.85 and a 200 day simple moving average of $20.62. The company has a market cap of $127.88 million, a P/E ratio of 113.14 and a beta of 0.98.

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

Institutional Trading of Stratus Properties

A number of large investors have recently added to or reduced their stakes in the company. Hodges Capital Management Inc. increased its position in Stratus Properties by 46.1% during the fourth quarter. Hodges Capital Management Inc. now owns 259,365 shares of the financial services provider’s stock worth $5,384,000 after buying an additional 81,895 shares during the last quarter. B & T Capital Management DBA Alpha Capital Management raised its stake in Stratus Properties by 49.3% in the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 57,872 shares of the financial services provider’s stock valued at $1,027,000 after acquiring an additional 19,122 shares during the period. Cresset Asset Management LLC acquired a new stake in Stratus Properties during the 4th quarter valued at $390,000. JPMorgan Chase & Co. increased its holdings in shares of Stratus Properties by 113.1% in the fourth quarter. JPMorgan Chase & Co. now owns 20,460 shares of the financial services provider’s stock valued at $425,000 after purchasing an additional 10,857 shares during the last quarter. Finally, Tectonic Advisors LLC increased its holdings in shares of Stratus Properties by 18.8% in the first quarter. Tectonic Advisors LLC now owns 54,325 shares of the financial services provider’s stock valued at $964,000 after purchasing an additional 8,609 shares during the last quarter. Institutional investors and hedge funds 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.