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

Research analysts at StockNews.com started coverage on shares of Stratus Properties (NASDAQ:STRS) in a research note issued to investors on Sunday. The firm set a “sell” rating on the financial services provider’s stock.

Stratus Properties Stock Performance

NASDAQ:STRS opened at $18.77 on Friday. Stratus Properties has a twelve month low of $17.60 and a twelve month high of $30.66. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.60. The stock’s 50-day simple moving average is $18.99 and its 200 day simple moving average is $22.24. The firm has a market capitalization of $151.77 million, a PE ratio of 134.07 and a beta of 1.21.

Institutional Investors Weigh In On Stratus Properties

Several hedge funds and other institutional investors have recently made changes to their positions in STRS. Wells Fargo & Company MN lifted its stake in Stratus Properties by 16.4% in 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 during the last quarter. Northern Trust Corp boosted its holdings in shares of Stratus Properties by 1.5% during the 4th quarter. Northern Trust Corp now owns 50,993 shares of the financial services provider’s stock valued at $1,059,000 after acquiring an additional 758 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in Stratus Properties by 8.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,061 shares of the financial services provider’s stock worth $209,000 after acquiring an additional 772 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in Stratus Properties by 150.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,575 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 946 shares in the last quarter. Finally, Barclays PLC increased its holdings in Stratus Properties by 14.7% in the 4th quarter. Barclays PLC now owns 8,416 shares of the financial services provider’s stock worth $175,000 after purchasing an additional 1,081 shares in the last quarter. 61.63% of the stock is owned by institutional investors.

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.