Stratus Properties (NASDAQ:STRS) Shares Cross Below Two Hundred Day Moving Average of $25.09

Stratus Properties Inc. (NASDAQ:STRS) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $25.09 and traded as low as $22.34. Stratus Properties shares last traded at $22.94, with a volume of 4,982 shares trading hands.

Analyst Upgrades and Downgrades

STRS has been the topic of a number of recent research reports. StockNews.com upgraded Stratus Properties from a “sell” rating to a “hold” rating in a research report on Wednesday, March 27th. TheStreet lowered Stratus Properties from a “c-” rating to a “d+” rating in a research report on Wednesday, January 31st.

Stratus Properties Price Performance

The stock has a market capitalization of $185.01 million, a P/E ratio of -12.33 and a beta of 1.09. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.46 and a current ratio of 1.46. The stock has a 50-day simple moving average of $22.43 and a 200 day simple moving average of $25.09.

Stratus Properties (NASDAQ:STRS) last posted its quarterly earnings results on Thursday, March 28th. The financial services provider reported ($0.16) earnings per share (EPS) for the quarter. Stratus Properties had a negative return on equity of 4.96% and a negative net margin of 85.74%. The company had revenue of $4.27 million during the quarter.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in STRS. Citigroup Inc. bought a new position in shares of Stratus Properties in the 1st quarter worth $155,000. BlackRock Inc. boosted its position in shares of Stratus Properties by 1.1% in the 1st quarter. BlackRock Inc. now owns 40,368 shares of the financial services provider’s stock worth $1,738,000 after purchasing an additional 444 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Stratus Properties by 5.2% in the 1st quarter. Vanguard Group Inc. now owns 331,212 shares of the financial services provider’s stock worth $14,268,000 after purchasing an additional 16,419 shares during the last quarter. UBS Group AG lifted its holdings in Stratus Properties by 342.5% during the first quarter. UBS Group AG now owns 1,000 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 774 shares in the last quarter. Finally, State Street Corp lifted its holdings in Stratus Properties by 9.5% during the first quarter. State Street Corp now owns 23,187 shares of the financial services provider’s stock worth $999,000 after acquiring an additional 2,009 shares in the last quarter. 61.63% of the stock is currently owned by institutional investors.

Stratus Properties Company Profile

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.