Fondren Management LP boosted its holdings in shares of Stratus Properties Inc (NASDAQ:STRS) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 278,500 shares of the financial services provider’s stock after buying an additional 15,345 shares during the period. Stratus Properties makes up about 5.8% of Fondren Management LP’s holdings, making the stock its 5th largest holding. Fondren Management LP owned 3.43% of Stratus Properties worth $8,271,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of STRS. Deutsche Bank AG boosted its stake in Stratus Properties by 81.2% during the fourth quarter. Deutsche Bank AG now owns 22,866 shares of the financial services provider’s stock valued at $676,000 after buying an additional 10,245 shares during the period. Lourd Capital LLC bought a new stake in Stratus Properties during the fourth quarter valued at $290,000. Renaissance Technologies LLC boosted its stake in Stratus Properties by 40.3% during the fourth quarter. Renaissance Technologies LLC now owns 24,700 shares of the financial services provider’s stock valued at $734,000 after buying an additional 7,100 shares during the period. State Street Corp boosted its stake in Stratus Properties by 6.1% during the second quarter. State Street Corp now owns 92,729 shares of the financial services provider’s stock valued at $2,730,000 after buying an additional 5,329 shares during the period. Finally, BlackRock Inc. boosted its stake in Stratus Properties by 0.8% during the fourth quarter. BlackRock Inc. now owns 270,463 shares of the financial services provider’s stock valued at $8,032,000 after buying an additional 2,161 shares during the period. 54.72% of the stock is owned by institutional investors.
Shares of Stratus Properties Inc (NASDAQ:STRS) opened at $30.85 on Wednesday. Stratus Properties Inc has a 12-month low of $24.35 and a 12-month high of $32.15. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.52 and a quick ratio of 1.52.
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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