Stratus Properties (NASDAQ:STRS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Stratus Properties (NASDAQ:STRS) to a sell rating in a research note released on Friday morning.

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

Stratus Properties Price Performance

Shares of STRS stock opened at $26.73 on Friday. The business has a fifty day simple moving average of $23.77 and a 200 day simple moving average of $20.64. The company has a market cap of $213.57 million, a P/E ratio of -26.47 and a beta of 1.27. The company has a quick ratio of 3.67, a current ratio of 3.67 and a debt-to-equity ratio of 0.61. Stratus Properties has a twelve month low of $15.10 and a twelve month high of $27.33.

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

Hedge Funds Weigh In On Stratus Properties

Several institutional investors and hedge funds have recently added to or reduced their stakes in STRS. Tectonic Advisors LLC lifted its holdings in shares of Stratus Properties by 12.4% during the fourth quarter. Tectonic Advisors LLC now owns 59,147 shares of the financial services provider’s stock worth $1,430,000 after purchasing an additional 6,512 shares during the period. JPMorgan Chase & Co. raised 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 purchasing an additional 1,985 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in Stratus Properties by 84.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,265 shares of the financial services provider’s stock worth $27,000 after buying an additional 580 shares during the period. Hodges Capital Management Inc. lifted its holdings in Stratus Properties by 0.5% during the 3rd quarter. Hodges Capital Management Inc. now owns 146,170 shares of the financial services provider’s stock worth $3,093,000 after buying an additional 700 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of Stratus Properties by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 430,395 shares of the financial services provider’s stock valued at $9,107,000 after buying an additional 7,994 shares during the last quarter. 61.63% of the stock is currently owned by institutional investors and hedge funds.

About Stratus Properties

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.