Barclays PLC Acquires 1,081 Shares of Stratus Properties Inc. (NASDAQ:STRS)

Barclays PLC boosted its position in Stratus Properties Inc. (NASDAQ:STRS) by 14.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,416 shares of the financial services provider’s stock after purchasing an additional 1,081 shares during the quarter. Barclays PLC owned about 0.10% of Stratus Properties worth $175,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Hodges Capital Management Inc. lifted its stake in Stratus Properties by 46.1% during the fourth quarter. Hodges Capital Management Inc. now owns 259,365 shares of the financial services provider’s stock worth $5,384,000 after purchasing an additional 81,895 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Stratus Properties by 124.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,603 shares of the financial services provider’s stock worth $250,000 after purchasing an additional 5,323 shares in the last quarter. Wells Fargo & Company MN increased its stake in Stratus Properties by 16.4% during 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 in the last quarter. Finally, Tectonic Advisors LLC boosted its position in shares of Stratus Properties by 11.6% during the fourth quarter. Tectonic Advisors LLC now owns 45,716 shares of the financial services provider’s stock valued at $949,000 after buying an additional 4,743 shares during the last quarter. 61.63% of the stock is currently owned by institutional investors and hedge funds.

Stratus Properties Price Performance

STRS stock opened at $19.23 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.60. Stratus Properties Inc. has a 12 month low of $15.10 and a 12 month high of $30.66. The firm has a market capitalization of $155.24 million, a P/E ratio of 137.36 and a beta of 1.15. The firm has a 50 day moving average of $17.93 and a 200-day moving average of $20.41.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Stratus Properties in a report on Saturday. They issued a “sell” rating on the stock.

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.