ValuEngine Lowers Stratus Properties (STRS) to Sell

ValuEngine cut shares of Stratus Properties (NASDAQ:STRS) from a hold rating to a sell rating in a research report report published on Wednesday morning.

STRS has been the subject of several other reports. Chardan Capital raised Stratus Properties from a neutral rating to a buy rating in a report on Monday, January 8th. BidaskClub raised Stratus Properties from a strong sell rating to a sell rating in a report on Tuesday, January 30th.

Stratus Properties (STRS) opened at $29.90 on Wednesday. The firm has a market capitalization of $241.98, a PE ratio of 23.18 and a beta of 0.51. Stratus Properties has a one year low of $24.35 and a one year high of $32.15. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 1.70.

Large investors have recently made changes to their positions in the business. Lourd Capital LLC bought a new stake in Stratus Properties during the 4th quarter worth about $290,000. Wells Fargo & Company MN raised its holdings in Stratus Properties by 4.9% during the 2nd quarter. Wells Fargo & Company MN now owns 8,771 shares of the financial services provider’s stock worth $258,000 after purchasing an additional 407 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Stratus Properties by 1.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 547,818 shares of the financial services provider’s stock worth $16,106,000 after purchasing an additional 7,351 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Stratus Properties by 12.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 19,417 shares of the financial services provider’s stock worth $589,000 after purchasing an additional 2,156 shares during the last quarter. Finally, State Street Corp raised its holdings in Stratus Properties by 6.1% during the 2nd quarter. State Street Corp now owns 92,729 shares of the financial services provider’s stock worth $2,730,000 after purchasing an additional 5,329 shares during the last quarter. 54.91% of the stock is owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION NOTICE: This report was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another publication, it was illegally stolen and republished in violation of US and international trademark & copyright law. The original version of this report can be accessed at https://www.dispatchtribunal.com/2018/02/17/valuengine-lowers-stratus-properties-strs-to-sell.html.

About Stratus Properties

Stratus Properties Inc (Stratus) is a diversified real estate company. The Company is engaged primarily in the acquisition, entitlement, development, management, operation and sale of commercial, hotel, entertainment, and multi- and single-family residential real estate properties, primarily located in the Austin, Texas area, but including projects in certain other select markets in Texas.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Stratus Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stratus Properties and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply