Stratus Properties Inc. (NASDAQ:STRS - Get Free Report) major shareholder Oasis Management Co Ltd. sold 5,417 shares of the company's stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $30.11, for a total value of $163,105.87. Following the completion of the transaction, the insider directly owned 1,128,643 shares of the company's stock, valued at $33,983,440.73. This represents a 0.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
Stratus Properties Stock Performance
Stratus Properties stock opened at $30.30 on Tuesday. The business has a 50 day moving average of $30.02 and a 200-day moving average of $24.88. Stratus Properties Inc. has a 1 year low of $15.10 and a 1 year high of $32.93. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.99 and a quick ratio of 3.67. The company has a market capitalization of $241.88 million, a P/E ratio of 20.75 and a beta of 1.20.
Stratus Properties (NASDAQ:STRS - Get Free Report) last released its quarterly earnings data on Friday, March 27th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter. Stratus Properties had a return on equity of 3.66% and a net margin of 40.06%.The company had revenue of $8.30 million during the quarter.
Analyst Ratings Changes
STRS has been the topic of several analyst reports. Weiss Ratings reissued a "sell (d)" rating on shares of Stratus Properties in a research note on Friday, March 27th. Wall Street Zen raised shares of Stratus Properties from a "sell" rating to a "buy" rating in a research note on Saturday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of "Sell".
Read Our Latest Stock Report on Stratus Properties
Institutional Trading of Stratus Properties
Several institutional investors have recently added to or reduced their stakes in STRS. 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. Tower Research Capital LLC TRC boosted its holdings in Stratus Properties by 348.1% in the second quarter. Tower Research Capital LLC TRC now owns 2,451 shares of the financial services provider's stock valued at $46,000 after acquiring an additional 1,904 shares during the last quarter. MetLife Investment Management LLC bought a new stake in Stratus Properties during the fourth quarter valued at $93,000. JPMorgan Chase & Co. boosted 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 valued at $179,000 after acquiring an additional 1,985 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in Stratus Properties by 46.2% during the fourth quarter. Wells Fargo & Company MN now owns 7,488 shares of the financial services provider's stock valued at $181,000 after acquiring an additional 2,367 shares during the last quarter. 61.63% of the stock is currently owned by institutional investors.
Stratus Properties Company Profile
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Get Free Report)
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.
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