Key Points
- Oasis Management sold roughly 117,295 shares of Stratus Properties across multiple April transactions for about $3.52M (average prices around $30), and still holds 1,026,765 shares valued at about $31.0M.
- Stratus trades near $29.93 with a market cap of $238.8M and a P/E of 20.5, reported quarterly EPS of $2.41, and has seen analyst moves (Wall Street Zen to "buy", Weiss to "hold") despite an overall consensus rating of "Hold".
Stratus Properties Inc. (NASDAQ:STRS - Get Free Report) major shareholder Oasis Management Co Ltd. sold 493 shares of the stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of $30.19, for a total transaction of $14,883.67. Following the completion of the transaction, the insider directly owned 1,026,765 shares in the company, valued at $30,998,035.35. This trade represents a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% 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 Friday, April 24th, Oasis Management Co Ltd. sold 10,000 shares of Stratus Properties stock. The shares were sold at an average price of $29.89, for a total transaction of $298,900.00.
- On Monday, April 20th, Oasis Management Co Ltd. sold 4,483 shares of Stratus Properties stock. The shares were sold at an average price of $30.02, for a total transaction of $134,579.66.
- On Friday, April 17th, Oasis Management Co Ltd. sold 44,323 shares of Stratus Properties stock. The shares were sold at an average price of $29.98, for a total transaction of $1,328,803.54.
- On Thursday, April 16th, Oasis Management Co Ltd. sold 29,788 shares of Stratus Properties stock. The shares were sold at an average price of $30.07, for a total transaction of $895,725.16.
- On Wednesday, April 15th, Oasis Management Co Ltd. sold 10,243 shares of Stratus Properties stock. The shares were sold at an average price of $30.30, for a total transaction of $310,362.90.
- On Wednesday, April 8th, Oasis Management Co Ltd. sold 3,148 shares of Stratus Properties stock. The shares were sold at an average price of $30.08, for a total transaction of $94,691.84.
- On Tuesday, April 7th, Oasis Management Co Ltd. sold 9,400 shares of Stratus Properties stock. The shares were 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 shares were sold at an average price of $30.11, for a total transaction of $163,105.87.
Stratus Properties Trading Down 1.0%
NASDAQ STRS opened at $29.93 on Tuesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.99 and a quick ratio of 3.99. The firm's fifty day moving average price is $30.29 and its 200 day moving average price is $25.84. The company has a market capitalization of $238.84 million, a price-to-earnings ratio of 20.50 and a beta of 1.20. Stratus Properties Inc. has a 12 month low of $15.10 and a 12 month high of $32.93.
Stratus Properties (NASDAQ:STRS - Get Free Report) last posted its earnings results on Friday, March 27th. The financial services provider reported $2.41 EPS for the quarter. The firm had revenue of $8.30 million for the quarter. Stratus Properties had a net margin of 40.06% and a return on equity of 3.66%.
Institutional Trading of Stratus Properties
A number of large investors have recently bought and sold shares of STRS. Geode Capital Management LLC boosted its stake in Stratus Properties by 11.1% during the 2nd quarter. Geode Capital Management LLC now owns 159,286 shares of the financial services provider's stock worth $3,008,000 after purchasing an additional 15,896 shares during the period. Tower Research Capital LLC TRC boosted its stake in 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 worth $46,000 after purchasing an additional 1,904 shares during the period. JPMorgan Chase & Co. boosted its stake 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 during the period. Vanguard Group Inc. boosted its stake in Stratus Properties by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 430,395 shares of the financial services provider's stock worth $9,107,000 after purchasing an additional 7,994 shares during the period. Finally, Hodges Capital Management Inc. lifted its stake in shares of Stratus Properties by 0.5% in the 3rd quarter. Hodges Capital Management Inc. now owns 146,170 shares of the financial services provider's stock worth $3,093,000 after acquiring an additional 700 shares during the period. Institutional investors and hedge funds own 61.63% of the company's stock.
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Stratus Properties from a "hold" rating to a "buy" rating in a research note on Monday, April 20th. Weiss Ratings upgraded shares of Stratus Properties from a "sell (d)" rating to a "hold (c-)" rating in a research note on Friday, April 10th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of "Hold".
Read Our Latest Analysis on Stratus Properties
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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