9,756 Shares in Stratus Properties Inc (STRS) Acquired by Lourd Capital LLC

Lourd Capital LLC acquired a new stake in shares of Stratus Properties Inc (NASDAQ:STRS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,756 shares of the financial services provider’s stock, valued at approximately $299,000. Lourd Capital LLC owned approximately 0.12% of Stratus Properties as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in STRS. Schwab Charles Investment Management Inc. grew its holdings in Stratus Properties by 28.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 11,800 shares of the financial services provider’s stock worth $361,000 after buying an additional 2,600 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Stratus Properties by 37.9% during the second quarter. Renaissance Technologies LLC now owns 41,900 shares of the financial services provider’s stock worth $1,280,000 after buying an additional 11,508 shares in the last quarter. Fondren Management LP grew its holdings in Stratus Properties by 2.1% during the second quarter. Fondren Management LP now owns 265,500 shares of the financial services provider’s stock worth $8,111,000 after buying an additional 5,500 shares in the last quarter. BlackRock Inc. grew its holdings in Stratus Properties by 2.2% during the second quarter. BlackRock Inc. now owns 274,371 shares of the financial services provider’s stock worth $8,382,000 after buying an additional 6,012 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Stratus Properties by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 568,678 shares of the financial services provider’s stock worth $17,174,000 after buying an additional 13,114 shares in the last quarter. Hedge funds and other institutional investors own 56.39% of the company’s stock.

Shares of Stratus Properties stock opened at $29.04 on Friday. Stratus Properties Inc has a 12-month low of $27.25 and a 12-month high of $35.90. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 2.02.

Stratus Properties (NASDAQ:STRS) last announced its quarterly earnings results on Thursday, August 9th. The financial services provider reported ($0.11) earnings per share (EPS) for the quarter. Stratus Properties had a negative return on equity of 8.47% and a net margin of 5.94%. The company had revenue of $23.31 million for the quarter.

About Stratus Properties

Stratus Properties Inc, a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, hotel, entertainment, and multi-and single-family residential real estate properties primarily in Austin, Texas. The company operates through four segments: Real Estate Operations, Leasing Operations, Hotel, and Entertainment.

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Institutional Ownership by Quarter for Stratus Properties (NASDAQ:STRS)

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