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.
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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.
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