Stratus Properties (NASDAQ:STRS) Lifted to “Hold” at StockNews.com

Stratus Properties (NASDAQ:STRSGet Free Report) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

Separately, TheStreet downgraded shares of Stratus Properties from a “c-” rating to a “d+” rating in a report on Wednesday, January 31st.

Read Our Latest Stock Analysis on STRS

Stratus Properties Price Performance

Shares of Stratus Properties stock traded up $1.19 during trading on Wednesday, reaching $24.49. 17,620 shares of the company’s stock were exchanged, compared to its average volume of 5,954. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.46 and a current ratio of 1.46. Stratus Properties has a 1-year low of $18.55 and a 1-year high of $29.99. The company has a market cap of $197.63 million, a P/E ratio of -13.17 and a beta of 1.09. The firm’s 50-day moving average price is $22.66 and its 200 day moving average price is $24.61.

Stratus Properties (NASDAQ:STRSGet Free Report) last posted its quarterly earnings results on Thursday, March 28th. The financial services provider reported ($0.16) earnings per share for the quarter. The company had revenue of $4.27 million during the quarter. Stratus Properties had a negative net margin of 85.74% and a negative return on equity of 4.96%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets increased its stake in shares of Stratus Properties by 75.4% in the first quarter. BNP Paribas Financial Markets now owns 2,853 shares of the financial services provider’s stock valued at $65,000 after buying an additional 1,226 shares during the period. Roanoke Asset Management Corp NY acquired a new stake in Stratus Properties during the 4th quarter valued at approximately $202,000. Price T Rowe Associates Inc. MD raised its holdings in Stratus Properties by 5.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,862 shares of the financial services provider’s stock worth $248,000 after purchasing an additional 525 shares during the last quarter. Mesirow Financial Investment Management Inc. acquired a new position in shares of Stratus Properties in the 3rd quarter worth approximately $261,000. Finally, Pallas Capital Advisors LLC bought a new stake in shares of Stratus Properties in the 4th quarter valued at $577,000. Institutional investors own 61.63% of the company’s stock.

Stratus Properties Company Profile

(Get Free Report)

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.

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