Stratus Properties (NASDAQ:STRS) Raised to Sell at Wall Street Zen

Stratus Properties (NASDAQ:STRS) was upgraded by research analysts at Wall Street Zen to a “sell” rating in a report released on Friday.

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Stratus Properties in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Stratus Properties Stock Performance

Shares of NASDAQ:STRS opened at $26.73 on Friday. Stratus Properties has a 12-month low of $15.10 and a 12-month high of $27.33. The company’s 50 day moving average price is $23.77 and its two-hundred day moving average price is $20.62. The firm has a market cap of $213.57 million, a PE ratio of -26.47 and a beta of 1.27. The company has a quick ratio of 3.67, a current ratio of 3.67 and a debt-to-equity ratio of 0.61.

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

Hedge Funds Weigh In On Stratus Properties

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tectonic Advisors LLC lifted its holdings in Stratus Properties by 6.8% during the 2nd quarter. Tectonic Advisors LLC now owns 57,995 shares of the financial services provider’s stock worth $1,095,000 after buying an additional 3,670 shares during the period. Ingalls & Snyder LLC lifted its stake in shares of Stratus Properties by 0.5% in the second quarter. Ingalls & Snyder LLC now owns 900,005 shares of the financial services provider’s stock worth $16,992,000 after acquiring an additional 4,804 shares during the period. Hodges Capital Management Inc. boosted its holdings in Stratus Properties by 1.5% in the second quarter. Hodges Capital Management Inc. now owns 145,470 shares of the financial services provider’s stock valued at $2,746,000 after acquiring an additional 2,100 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Stratus Properties by 11.1% in the second quarter. Geode Capital Management LLC now owns 159,286 shares of the financial services provider’s stock valued at $3,008,000 after acquiring an additional 15,896 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey acquired a new stake in Stratus Properties during the 2nd quarter valued at approximately $26,000. Institutional investors own 61.63% of the company’s stock.

About Stratus Properties

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.