Stratus Properties (NASDAQ:STRS – Get Free Report) was downgraded by equities research analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Wednesday.
Stratus Properties Trading Down 1.3 %
NASDAQ STRS opened at $17.90 on Wednesday. Stratus Properties has a 1 year low of $17.80 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 company has a market capitalization of $144.74 million, a PE ratio of 127.86 and a beta of 1.17. The company has a fifty day moving average of $19.59 and a 200 day moving average of $23.04.
Institutional Trading of Stratus Properties
A number of hedge funds have recently modified their holdings of STRS. Tower Research Capital LLC TRC lifted its holdings in 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 acquiring an additional 946 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Stratus Properties by 16.4% during the 4th quarter. Wells Fargo & Company MN now owns 5,073 shares of the financial services provider’s stock valued at $105,000 after purchasing an additional 713 shares in the last quarter. Barclays PLC lifted its stake in shares of 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 purchasing an additional 1,081 shares during the period. Price T Rowe Associates Inc. MD boosted 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 worth $209,000 after buying an additional 772 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings 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 buying an additional 5,323 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.
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