Stratus Properties (NASDAQ:STRS) Upgraded by Wall Street Zen to “Sell” Rating

Wall Street Zen upgraded shares of Stratus Properties (NASDAQ:STRS) to a sell rating in a research note issued to investors on Friday.

Separately, Weiss Ratings reiterated 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, According to data from MarketBeat, Stratus Properties presently has a consensus rating of “Sell”.

Stratus Properties Trading Up 0.2%

STRS stock opened at $26.73 on Friday. The business has a fifty day moving average price of $23.77 and a 200 day moving average price of $20.62. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.67 and a quick ratio of 3.67. Stratus Properties has a fifty-two week low of $15.10 and a fifty-two week high of $27.33. The stock has a market capitalization of $213.57 million, a price-to-earnings ratio of -26.47 and a beta of 1.27.

Stratus Properties (NASDAQ:STRS) last posted its quarterly earnings data on Wednesday, November 12th. The financial services provider reported ($0.62) EPS for the quarter. The business had revenue of $4.97 million during the quarter. Stratus Properties had a negative return on equity of 2.57% and a negative net margin of 25.38%.

Institutional Investors Weigh In On Stratus Properties

A number of institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its holdings in Stratus Properties by 84.7% in the third quarter. BNP Paribas Financial Markets now owns 1,265 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 580 shares during the last quarter. Police & Firemen s Retirement System of New Jersey bought a new position in shares of Stratus Properties in the 2nd quarter valued at about $26,000. Tower Research Capital LLC TRC grew its position in shares of Stratus Properties by 348.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,451 shares of the financial services provider’s stock worth $46,000 after buying an additional 1,904 shares during the period. JPMorgan Chase & Co. raised its stake in shares of 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. Finally, Tectonic Advisors LLC lifted its holdings in Stratus Properties by 6.8% in the second quarter. Tectonic Advisors LLC now owns 57,995 shares of the financial services provider’s stock valued at $1,095,000 after buying an additional 3,670 shares during the period. Institutional investors own 61.63% of the company’s stock.

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.