7,000 Shares in Stratus Properties Inc. (NASDAQ:STRS) Acquired by Roanoke Asset Management Corp NY

Roanoke Asset Management Corp NY purchased a new position in shares of Stratus Properties Inc. (NASDAQ:STRSFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,000 shares of the financial services provider’s stock, valued at approximately $202,000.

Several other hedge funds have also made changes to their positions in STRS. Pallas Capital Advisors LLC purchased a new position in Stratus Properties during the fourth quarter worth about $577,000. Tectonic Advisors LLC increased its stake in shares of Stratus Properties by 7.9% during the 4th quarter. Tectonic Advisors LLC now owns 36,198 shares of the financial services provider’s stock valued at $1,045,000 after acquiring an additional 2,639 shares during the last quarter. First Dallas Securities Inc. purchased a new position in shares of Stratus Properties during the 3rd quarter worth about $1,096,000. Finally, Mesirow Financial Investment Management Inc. acquired a new stake in shares of Stratus Properties in the third quarter worth approximately $261,000. Institutional investors and hedge funds own 61.63% of the company’s stock.

Wall Street Analyst Weigh In

STRS has been the topic of a number of recent analyst reports. StockNews.com raised shares of Stratus Properties from a “sell” rating to a “hold” rating in a research note on Wednesday. TheStreet lowered Stratus Properties from a “c-” rating to a “d+” rating in a research report on Wednesday, January 31st.

Read Our Latest Stock Report on STRS

Stratus Properties Trading Up 0.2 %

Shares of NASDAQ:STRS traded up $0.05 during trading on Friday, reaching $24.75. 3,860 shares of the stock were exchanged, compared to its average volume of 5,683. The firm’s 50-day moving average price is $22.75 and its 200 day moving average price is $24.61. The firm has a market cap of $199.91 million, a price-to-earnings ratio of -41.95 and a beta of 1.09. Stratus Properties Inc. has a 12-month low of $19.13 and a 12-month high of $29.99. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.46 and a current ratio of 1.16.

Stratus Properties (NASDAQ:STRSGet Free Report) last released its quarterly earnings data on Thursday, March 28th. The financial services provider reported ($0.16) earnings per share (EPS) for the quarter. The business had revenue of $4.27 million during the quarter. Stratus Properties had a negative return on equity of 1.50% and a negative net margin of 11.73%.

Stratus Properties Company Profile

(Free Report)

Stratus Properties Inc, a real estate company, engages in the entitlement, development, management, leasing, and sale of multi and single family residential and commercial real estate properties in the Austin, Texas area and other select markets in Texas. The company operates in two segments, Real Estate Operations and Leasing Operations.

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Institutional Ownership by Quarter for Stratus Properties (NASDAQ:STRS)

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