Key Points
- Oasis Management sold 3,148 shares of Stratus on April 8 at $30.08 for $94,691.84 and also sold 9,400 shares on April 7 and 5,417 on April 2, totaling about 17,965 shares for roughly $541,396 across early April; after the April 8 trade Oasis still directly owned 1,116,095 shares (~$33.57M).
- Stratus (NASDAQ:STRS) is trading around $30.60 with a 50-day MA of $30.15 and 200-day MA of $25.01, a market cap of $244.3M and trailing P/E ~20.96; the company reported $2.41 EPS last quarter and a net margin of 40.06%. MarketBeat shows an average analyst rating of "Sell", though one outlet recently upgraded the stock to a "Buy".
Stratus Properties Inc. (NASDAQ:STRS - Get Free Report) major shareholder Oasis Management Co Ltd. sold 3,148 shares of the company's stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $30.08, for a total transaction of $94,691.84. Following the sale, the insider directly owned 1,116,095 shares of the company's stock, valued at approximately $33,572,137.60. This trade represents a 0.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
Oasis Management Co Ltd. also recently made the following trade(s):
- On Tuesday, April 7th, Oasis Management Co Ltd. sold 9,400 shares of Stratus Properties stock. The stock was sold at an average price of $30.17, for a total transaction of $283,598.00.
- On Thursday, April 2nd, Oasis Management Co Ltd. sold 5,417 shares of Stratus Properties stock. The stock was sold at an average price of $30.11, for a total transaction of $163,105.87.
Stratus Properties Stock Up 1.2%
Shares of Stratus Properties stock opened at $30.60 on Friday. The company has a fifty day moving average price of $30.15 and a 200 day moving average price of $25.01. The company has a current ratio of 3.99, a quick ratio of 3.99 and a debt-to-equity ratio of 0.41. Stratus Properties Inc. has a twelve month low of $15.10 and a twelve month high of $32.93. The stock has a market cap of $244.28 million, a price-to-earnings ratio of 20.96 and a beta of 1.20.
Stratus Properties (NASDAQ:STRS - Get Free Report) last issued its quarterly earnings data on Friday, March 27th. The financial services provider reported $2.41 EPS for the quarter. Stratus Properties had a net margin of 40.06% and a return on equity of 3.66%. The firm had revenue of $8.30 million for the quarter.
Institutional Investors Weigh In On Stratus Properties
Institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets grew its position in shares of Stratus Properties by 84.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,265 shares of the financial services provider's stock valued at $27,000 after buying an additional 580 shares during the last quarter. 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 valued at $46,000 after buying an additional 1,904 shares during the last quarter. MetLife Investment Management LLC bought a new stake in shares of Stratus Properties during the 4th quarter valued at about $93,000. JPMorgan Chase & Co. grew its position in shares of Stratus Properties by 30.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,465 shares of the financial services provider's stock valued at $179,000 after buying an additional 1,985 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position 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 buying an additional 2,367 shares during the last quarter. Institutional investors own 61.63% of the company's stock.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the stock. Weiss Ratings reiterated a "sell (d)" rating on shares of Stratus Properties in a report on Friday, March 27th. Wall Street Zen upgraded shares of Stratus Properties from a "sell" rating to a "buy" rating in a report on Saturday, April 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of "Sell".
View Our Latest Stock Report on STRS
Stratus Properties Company Profile
(
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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