Stratus Properties Inc. (NASDAQ:STRS) Director Laurie L. Dotter Acquires 2,967 Shares

Stratus Properties Inc. (NASDAQ:STRSGet Rating) Director Laurie L. Dotter purchased 2,967 shares of Stratus Properties stock in a transaction dated Friday, September 16th. The stock was bought at an average price of $29.28 per share, for a total transaction of $86,873.76. Following the completion of the purchase, the director now owns 6,307 shares in the company, valued at approximately $184,668.96. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Stratus Properties Price Performance

STRS opened at $28.66 on Tuesday. The company’s 50 day moving average is $32.97 and its 200-day moving average is $36.88. Stratus Properties Inc. has a 1-year low of $27.96 and a 1-year high of $46.44. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.26 and a current ratio of 3.26.

Stratus Properties Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, September 29th. Investors of record on Monday, September 19th will be issued a $4.67 dividend. The ex-dividend date of this dividend is Friday, September 16th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in Stratus Properties by 200.0% in the 1st quarter. Bank of America Corp DE now owns 873 shares of the financial services provider’s stock valued at $38,000 after buying an additional 582 shares during the last quarter. Legal & General Group Plc bought a new position in Stratus Properties in the 2nd quarter valued at approximately $32,000. UBS Group AG raised its holdings in Stratus Properties by 342.5% in the 1st quarter. UBS Group AG now owns 1,000 shares of the financial services provider’s stock valued at $43,000 after buying an additional 774 shares during the last quarter. Dorsey Wright & Associates bought a new position in Stratus Properties in the 2nd quarter valued at approximately $34,000. Finally, Strs Ohio bought a new position in Stratus Properties during the 2nd quarter worth approximately $45,000. Institutional investors own 50.54% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Stratus Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, August 23rd.

About Stratus Properties

(Get Rating)

Stratus Properties Inc, a real estate company, engages in the acquisition, entitlement, development, management, and sale of commercial, and multi-and single-family residential real estate properties primarily in Texas. The company operates in two segments, Real Estate Operations and Leasing Operations.

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