Key Points
- Oasis Management sold 20,000 shares of Stratus Properties on April 27 at an average price of $30.00 for $600,000 and carried out numerous additional April sales (including 44,323 shares on April 17), trimming its stake by about 1.97% to 996,765 shares valued at roughly $29.9 million.
- Stratus Properties (NASDAQ:STRS) has a market capitalization of about $241.32 million, a P/E of 20.71, trades near its 50‑day moving average (~$30.33) with a 12‑month range of $15.10–$32.93, and holds an average analyst rating of Hold despite some recent upgrades.
Stratus Properties Inc. (NASDAQ:STRS - Get Free Report) major shareholder Oasis Management Co Ltd. sold 4,916 shares of Stratus Properties stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $30.03, for a total transaction of $147,627.48. Following the completion of the sale, the insider owned 991,849 shares in the company, valued at approximately $29,785,225.47. This trade represents a 0.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Large 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 Monday, April 27th, Oasis Management Co Ltd. sold 20,000 shares of Stratus Properties stock. The stock was sold at an average price of $30.00, for a total transaction of $600,000.00.
- On Wednesday, April 22nd, Oasis Management Co Ltd. sold 493 shares of Stratus Properties stock. The stock was sold at an average price of $30.19, for a total transaction of $14,883.67.
- On Friday, April 24th, Oasis Management Co Ltd. sold 10,000 shares of Stratus Properties stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 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 Performance
NASDAQ:STRS opened at $30.24 on Thursday. The company's 50-day moving average price is $30.33 and its 200-day moving average price is $25.95. The company has a current ratio of 3.99, a quick ratio of 3.99 and a debt-to-equity ratio of 0.41. The company has a market cap of $241.32 million, a P/E ratio of 20.71 and a beta of 1.20. Stratus Properties Inc. has a twelve month low of $15.10 and a twelve month high of $32.93.
Stratus Properties (NASDAQ:STRS - Get Free Report) last posted its quarterly earnings results on Friday, March 27th. The financial services provider reported $2.41 earnings per share 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%.
Hedge Funds Weigh In On Stratus Properties
A number of institutional investors have recently bought and sold shares of STRS. BNP Paribas Financial Markets raised its stake in Stratus Properties by 84.7% during the third quarter. BNP Paribas Financial Markets now owns 1,265 shares of the financial services provider's stock worth $27,000 after purchasing an additional 580 shares during the period. Tower Research Capital LLC TRC raised its stake in Stratus Properties by 348.1% during the second 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. MetLife Investment Management LLC purchased a new position in Stratus Properties during the fourth quarter worth about $93,000. JPMorgan Chase & Co. raised its stake 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 worth $179,000 after purchasing an additional 1,985 shares during the period. Finally, Wells Fargo & Company MN raised its stake 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 worth $181,000 after purchasing an additional 2,367 shares during the period. 61.63% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the stock. Wall Street Zen raised shares of Stratus Properties from a "hold" rating to a "buy" rating in a research note on Monday, April 20th. Weiss Ratings raised shares of Stratus Properties from a "sell (d)" rating to a "hold (c-)" rating in a research note on Friday, April 10th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold".
Check Out Our Latest Stock Report 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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