Stratus Properties (NASDAQ:STRS) Downgraded by StockNews.com

Stratus Properties (NASDAQ:STRS) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Tuesday.

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

Stratus Properties Trading Up 0.8 %

Shares of NASDAQ STRS traded up $0.17 during mid-day trading on Tuesday, hitting $22.20. 2,927 shares of the company were exchanged, compared to its average volume of 6,976. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.50 and a quick ratio of 1.50. The stock has a 50 day simple moving average of $23.12 and a 200-day simple moving average of $25.90. Stratus Properties has a 1-year low of $18.55 and a 1-year high of $29.99.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Mesirow Financial Investment Management Inc. purchased a new stake in Stratus Properties during the 3rd quarter worth about $261,000. First Dallas Securities Inc. purchased a new stake in Stratus Properties during the 3rd quarter worth about $1,096,000. B & T Capital Management DBA Alpha Capital Management purchased a new stake in Stratus Properties during the 3rd quarter worth about $531,000. BNP Paribas Arbitrage SA increased its position in Stratus Properties by 6,509.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,454 shares of the financial services provider’s stock worth $47,000 after purchasing an additional 1,432 shares in the last quarter. Finally, Rhumbline Advisers purchased a new stake in Stratus Properties during the 2nd quarter worth about $260,000. Hedge funds and other institutional investors own 52.45% of the company’s stock.

About Stratus Properties

Stratus Properties Inc, a real estate company, engages in the acquisition, entitlement, development, management, and sale of commercial, and multi-and single-family residential real estate properties in Texas. The company operates through two segments, Real Estate Operations and Leasing Operations. Its leasing operations cover lease of space at retail and mixed-use, and multi-family properties.