New York State Common Retirement Fund Decreases Stock Position in Stratus Properties Inc. (NASDAQ:STRS)

New York State Common Retirement Fund cut its holdings in Stratus Properties Inc. (NASDAQ:STRS) by 24.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,148 shares of the financial services provider’s stock after selling 1,000 shares during the period. New York State Common Retirement Fund’s holdings in Stratus Properties were worth $65,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC raised its stake in Stratus Properties by 281.2% in the 3rd quarter. Barclays PLC now owns 7,335 shares of the financial services provider’s stock valued at $191,000 after purchasing an additional 5,411 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Stratus Properties by 124.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,603 shares of the financial services provider’s stock valued at $250,000 after purchasing an additional 5,323 shares during the last quarter. Tectonic Advisors LLC raised its stake in Stratus Properties by 11.6% in the 4th quarter. Tectonic Advisors LLC now owns 45,716 shares of the financial services provider’s stock valued at $949,000 after purchasing an additional 4,743 shares during the last quarter. Geode Capital Management LLC raised its stake in Stratus Properties by 3.8% in the 3rd quarter. Geode Capital Management LLC now owns 139,648 shares of the financial services provider’s stock valued at $3,630,000 after purchasing an additional 5,081 shares during the last quarter. Finally, Hodges Capital Management Inc. raised its stake in Stratus Properties by 1.8% in the 3rd quarter. Hodges Capital Management Inc. now owns 177,470 shares of the financial services provider’s stock valued at $4,612,000 after purchasing an additional 3,195 shares during the last quarter. Institutional investors and hedge funds own 61.63% of the company’s stock.

Stratus Properties Trading Up 1.1 %

Shares of STRS stock opened at $18.56 on Friday. Stratus Properties Inc. has a twelve month low of $17.74 and a twelve month high of $30.66. The firm has a 50-day moving average price of $19.40 and a 200 day moving average price of $22.88. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $150.08 million, a price-to-earnings ratio of 132.57 and a beta of 1.17.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Stratus Properties in a research note on Friday. They issued a “sell” rating for the company.

Stratus Properties 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.