Stratus Properties (NASDAQ:STRS) Upgraded by Wall Street Zen to “Sell” Rating

Stratus Properties (NASDAQ:STRS) was upgraded by research analysts at Wall Street Zen to a “sell” rating in a research report issued on Friday.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Stratus Properties in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Stratus Properties presently has a consensus rating of “Sell”.

Stratus Properties Stock Performance

Shares of Stratus Properties stock opened at $26.73 on Friday. The stock’s fifty day simple moving average is $23.77 and its 200 day simple moving average is $20.62. The company has a current ratio of 3.67, a quick ratio of 3.67 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $213.57 million, a PE ratio of -26.47 and a beta of 1.27. Stratus Properties has a 12 month low of $15.10 and a 12 month high of $27.33.

Stratus Properties (NASDAQ:STRS) last announced its quarterly earnings results on Wednesday, November 12th. The financial services provider reported ($0.62) earnings per share for the quarter. Stratus Properties had a negative net margin of 25.38% and a negative return on equity of 2.57%. The company had revenue of $4.97 million during the quarter.

Institutional Investors Weigh In On Stratus Properties

Institutional investors have recently made changes to their positions in the company. Police & Firemen s Retirement System of New Jersey bought a new position in shares of Stratus Properties during the second quarter worth approximately $26,000. BNP Paribas Financial Markets grew its holdings in Stratus Properties by 84.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,265 shares of the financial services provider’s stock valued at $27,000 after buying an additional 580 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in Stratus Properties by 348.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,451 shares of the financial services provider’s stock valued at $46,000 after buying an additional 1,904 shares in the last quarter. JPMorgan Chase & Co. increased its position in Stratus Properties by 30.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,465 shares of the financial services provider’s stock worth $179,000 after buying an additional 1,985 shares during the period. Finally, Tectonic Advisors LLC lifted its holdings in shares of Stratus Properties by 6.8% during the second quarter. Tectonic Advisors LLC now owns 57,995 shares of the financial services provider’s stock worth $1,095,000 after buying an additional 3,670 shares in the last quarter. Institutional investors own 61.63% of the company’s stock.

Stratus Properties Company Profile

Stratus Properties, Inc (NASDAQ: STRS) is a publicly traded real estate investment and management company focused on acquiring, owning and operating single-tenant commercial properties in the United States. The company targets net‐lease assets in the office, industrial and retail sectors, seeking long-term, creditworthy tenants under triple-net leases that transfer property-related expenses to lessees. Stratus Properties employs a disciplined investment strategy designed to generate stable, risk-adjusted returns for its shareholders.

Since its initial public offering in 2014, Stratus Properties has built a diversified portfolio of properties across major metropolitan and secondary markets.