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

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

Stratus Properties Price Performance

NASDAQ STRS opened at $15.44 on Friday. The stock has a market capitalization of $124.65 million, a PE ratio of 110.29 and a beta of 0.98. The stock has a 50-day simple moving average of $17.90 and a 200 day simple moving average of $20.69. 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 has a twelve month low of $15.41 and a twelve month high of $30.66.

Stratus Properties (NASDAQ:STRS) last posted its quarterly earnings data on Friday, March 28th. The financial services provider reported ($0.06) earnings per share for the quarter. Stratus Properties had a net margin of 3.33% and a return on equity of 0.54%. The business had revenue of $10.30 million during the quarter.

Hedge Funds Weigh In On Stratus Properties

Large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its stake in shares of Stratus Properties by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 419,384 shares of the financial services provider’s stock valued at $8,705,000 after purchasing an additional 2,523 shares in the last quarter. Hodges Capital Management Inc. increased its holdings in Stratus Properties by 46.1% in the 4th quarter. Hodges Capital Management Inc. now owns 259,365 shares of the financial services provider’s stock valued at $5,384,000 after buying an additional 81,895 shares during the period. Geode Capital Management LLC raised its stake in shares of 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 buying an additional 5,081 shares in the last quarter. B & T Capital Management DBA Alpha Capital Management raised its stake in shares of Stratus Properties by 49.3% in the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 57,872 shares of the financial services provider’s stock valued at $1,027,000 after buying an additional 19,122 shares in the last quarter. Finally, Northern Trust Corp boosted its position 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. Institutional investors and hedge funds own 61.63% of the company’s stock.

About Stratus Properties

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.