Barclays PLC Purchases 5,411 Shares of Stratus Properties Inc. (NASDAQ:STRS)

Barclays PLC increased its position in shares of Stratus Properties Inc. (NASDAQ:STRS) by 281.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,335 shares of the financial services provider’s stock after acquiring an additional 5,411 shares during the period. Barclays PLC owned about 0.09% of Stratus Properties worth $191,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of STRS. Bank of New York Mellon Corp increased its position in Stratus Properties by 6.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 16,888 shares of the financial services provider’s stock valued at $426,000 after acquiring an additional 997 shares during the period. Tectonic Advisors LLC grew its stake in shares of Stratus Properties by 4.7% in the third quarter. Tectonic Advisors LLC now owns 40,973 shares of the financial services provider’s stock worth $1,065,000 after purchasing an additional 1,852 shares during the last quarter. Hodges Capital Management Inc. increased its holdings in Stratus Properties by 1.8% in the third 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 period. Finally, Ingalls & Snyder LLC raised its position in Stratus Properties by 0.3% during 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 last quarter. Institutional investors own 61.63% of the company’s stock.

Insider Transactions at Stratus Properties

In other news, major shareholder Oasis Management Co Ltd. sold 1,911 shares of the business’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $27.00, for a total value of $51,597.00. Following the transaction, the insider now directly owns 1,141,299 shares of the company’s stock, valued at $30,815,073. The trade was a 0.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 3,859 shares of company stock worth $104,317 over the last three months. 9.30% of the stock is owned by company insiders.

Stratus Properties Stock Performance

NASDAQ:STRS opened at $20.08 on Tuesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.09 and a current ratio of 1.09. Stratus Properties Inc. has a fifty-two week low of $19.63 and a fifty-two week high of $30.66. The company has a 50 day simple moving average of $23.87 and a two-hundred day simple moving average of $24.86. The company has a market capitalization of $162.45 million, a PE ratio of 143.43 and a beta of 1.15.

Analyst Ratings Changes

Separately, StockNews.com upgraded Stratus Properties from a “sell” rating to a “hold” rating in a research report on Sunday, December 22nd.

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.