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

Barclays PLC boosted its position in Stratus Properties Inc. (NASDAQ:STRS) by 281.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,335 shares of the financial services provider’s stock after purchasing an additional 5,411 shares during the quarter. 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 institutional investors have also recently modified their holdings of STRS. Geode Capital Management LLC grew its holdings in shares of Stratus Properties by 3.8% during the 3rd quarter. Geode Capital Management LLC now owns 139,648 shares of the financial services provider’s stock worth $3,630,000 after purchasing an additional 5,081 shares in the last quarter. Hodges Capital Management Inc. boosted its stake 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 buying an additional 3,195 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Stratus Properties by 6.3% in the second quarter. Bank of New York Mellon Corp now owns 16,888 shares of the financial services provider’s stock valued at $426,000 after buying an additional 997 shares in the last quarter. Ingalls & Snyder LLC boosted its stake in Stratus Properties by 0.3% in the third quarter. Ingalls & Snyder LLC now owns 953,790 shares of the financial services provider’s stock valued at $24,789,000 after buying an additional 2,516 shares in the last quarter. Finally, Tectonic Advisors LLC boosted its stake in Stratus Properties by 4.7% in the third quarter. Tectonic Advisors LLC now owns 40,973 shares of the financial services provider’s stock valued at $1,065,000 after buying an additional 1,852 shares in the last quarter. 61.63% of the stock is currently owned by institutional investors.

Insider Activity

In other news, major shareholder Oasis Management Co Ltd. sold 1,775 shares of Stratus Properties stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $27.07, for a total transaction of $48,049.25. Following the sale, the insider now directly owns 1,139,524 shares of the company’s stock, valued at approximately $30,846,914.68. This trade represents a 0.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last three months, insiders have sold 3,859 shares of company stock valued at $104,317. 9.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

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

Stratus Properties Stock Performance

NASDAQ:STRS opened at $20.47 on Wednesday. The stock’s 50-day simple moving average is $22.78 and its 200 day simple moving average is $24.45. The firm has a market capitalization of $165.60 million, a PE ratio of 146.21 and a beta of 1.18. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.60. Stratus Properties Inc. has a twelve month low of $18.28 and a twelve month high of $30.66.

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.