Shares of Stratus Properties Inc. (NASDAQ:STRS – Get Rating) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $37.66 and traded as low as $30.56. Stratus Properties shares last traded at $30.90, with a volume of 7,569 shares traded.
Analyst Ratings Changes
Separately, StockNews.com upgraded Stratus Properties from a “sell” rating to a “hold” rating in a report on Monday, May 30th.
Stratus Properties Trading Down 2.4 %
The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a 50-day moving average of $34.58 and a 200-day moving average of $37.66.
Hedge Funds Weigh In On Stratus Properties
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dorsey Wright & Associates purchased a new stake in Stratus Properties during the 2nd quarter valued at $34,000. Bank of America Corp DE raised its stake in Stratus Properties by 200.0% during the 1st quarter. Bank of America Corp DE now owns 873 shares of the financial services provider’s stock valued at $38,000 after buying an additional 582 shares during the last quarter. UBS Group AG raised its stake in Stratus Properties by 342.5% during the 1st quarter. UBS Group AG now owns 1,000 shares of the financial services provider’s stock valued at $43,000 after buying an additional 774 shares during the last quarter. Strs Ohio purchased a new stake in Stratus Properties during the 2nd quarter valued at $45,000. Finally, Royal Bank of Canada purchased a new stake in Stratus Properties during the 1st quarter valued at $68,000. 49.10% of the stock is owned by institutional investors.
About Stratus Properties
Stratus Properties Inc, a real estate company, engages in the acquisition, entitlement, development, management, and sale of commercial, and multi-and single-family residential real estate properties primarily in Texas. The company operates in two segments, Real Estate Operations and Leasing Operations.
- Get a free copy of the StockNews.com research report on Stratus Properties (STRS)
- MarketBeat Podcast: Find Investing Opportunities For The Rest of 2022
- Deep Value High Yield Newell Brands Is Ready To Bottom
- The Colgate-Palmolive Growth Outlook Brightens
- These Stocks Outperformed Last Time There Was A Recession
- Does Rivian’s Stock Still Have A Future?
Receive News & Ratings for Stratus Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stratus Properties and related companies with MarketBeat.com's FREE daily email newsletter.