Stratus Properties (NASDAQ:STRS) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

Stratus Properties Inc. (NASDAQ:STRS)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $29.16 and traded as high as $29.20. Stratus Properties shares last traded at $28.74, with a volume of 12,505 shares.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Wall Street Zen lowered shares of Stratus Properties from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings upgraded shares of Stratus Properties from a “sell (d)” rating to a “hold (c-)” rating in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Stratus Properties Price Performance

The firm has a market capitalization of $229.35 million, a P/E ratio of 10.89 and a beta of 1.02. The company has a quick ratio of 3.70, a current ratio of 3.70 and a debt-to-equity ratio of 0.41. The business’s 50 day moving average is $29.16 and its 200-day moving average is $28.59.

Stratus Properties (NASDAQ:STRS) last released its earnings results on Tuesday, May 12th. The financial services provider reported $0.82 earnings per share for the quarter. The firm had revenue of $3.79 million during the quarter. Stratus Properties had a return on equity of 6.28% and a net margin of 74.96%.During the same quarter in the previous year, the company earned ($0.36) earnings per share.

Insider Activity at Stratus Properties

In related news, major shareholder Oasis Management Co Ltd. sold 44,323 shares of the company’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $29.98, for a total transaction of $1,328,803.54. Following the completion of the sale, the insider directly owned 1,031,741 shares in the company, valued at $30,931,595.18. This represents a 4.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders sold 166,311 shares of company stock worth $4,975,362. 10.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets lifted its holdings in shares of 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 worth $27,000 after acquiring an additional 580 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Stratus Properties by 348.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,451 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 1,904 shares in the last quarter. MetLife Investment Management LLC bought a new stake in shares of Stratus Properties during the 4th quarter valued at approximately $93,000. Wells Fargo & Company MN grew its holdings in shares of Stratus Properties by 46.2% during the 4th quarter. Wells Fargo & Company MN now owns 7,488 shares of the financial services provider’s stock valued at $181,000 after purchasing an additional 2,367 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Stratus Properties by 30.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,465 shares of the financial services provider’s stock worth $179,000 after purchasing an additional 1,985 shares in the last quarter. Institutional investors and hedge funds 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.