Stratus Properties (NASDAQ:STRS) Issues Earnings Results

Stratus Properties (NASDAQ:STRS) released its quarterly earnings results on Friday. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $8.30 million for the quarter. Stratus Properties had a negative return on equity of 2.57% and a negative net margin of 25.38%.

Stratus Properties Stock Performance

STRS opened at $30.83 on Friday. The business’s 50-day simple moving average is $29.54 and its 200 day simple moving average is $24.40. Stratus Properties has a 52-week low of $15.10 and a 52-week high of $32.93. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.67 and a current ratio of 3.67. The firm has a market capitalization of $246.49 million, a PE ratio of 21.12 and a beta of 1.29.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Police & Firemen s Retirement System of New Jersey acquired a new stake in Stratus Properties in the second quarter valued at $26,000. BNP Paribas Financial Markets lifted its stake in Stratus Properties by 84.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,265 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 580 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in Stratus Properties by 348.1% during the second quarter. Tower Research Capital LLC TRC now owns 2,451 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 1,904 shares during the period. MetLife Investment Management LLC bought a new position in Stratus Properties during the fourth quarter worth about $93,000. Finally, JPMorgan Chase & Co. increased its position in Stratus Properties by 30.6% during the third quarter. JPMorgan Chase & Co. now owns 8,465 shares of the financial services provider’s stock worth $179,000 after buying an additional 1,985 shares during the last quarter. Institutional investors and hedge funds own 61.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on STRS. Wall Street Zen raised Stratus Properties to a “sell” rating in a research report on Friday, January 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of Stratus Properties in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Stratus Properties Company Profile

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.