Stratus Properties Inc. (NASDAQ:STRS – Get Free Report) Director James Joseph sold 3,380 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $27.77, for a total transaction of $93,862.60. Following the transaction, the director owned 2,286 shares of the company’s stock, valued at approximately $63,482.22. This represents a 59.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Stratus Properties Price Performance
NASDAQ STRS traded up $0.96 on Friday, reaching $27.61. The company had a trading volume of 74,518 shares, compared to its average volume of 30,412. The stock has a market capitalization of $220.33 million, a PE ratio of 10.46 and a beta of 1.02. Stratus Properties Inc. has a 12 month low of $15.35 and a 12 month high of $32.93. The company has a quick ratio of 3.70, a current ratio of 3.70 and a debt-to-equity ratio of 0.41. The firm’s 50 day moving average price is $29.77 and its 200 day moving average price is $27.68.
Stratus Properties (NASDAQ:STRS – Get Free Report) last released its quarterly earnings data on Tuesday, May 12th. The financial services provider reported $0.82 EPS for the quarter. Stratus Properties had a net margin of 74.96% and a return on equity of 6.28%. The business had revenue of $3.79 million during the quarter. During the same period last year, the company earned ($0.36) EPS.
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Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC raised its stake in shares of Stratus Properties by 11.1% in the second quarter. Geode Capital Management LLC now owns 159,286 shares of the financial services provider’s stock valued at $3,008,000 after acquiring an additional 15,896 shares during the period. Hodges Capital Management Inc. boosted its stake in shares of Stratus Properties by 9.3% during the 4th quarter. Hodges Capital Management Inc. now owns 159,770 shares of the financial services provider’s stock worth $3,863,000 after purchasing an additional 13,600 shares during the period. Rangeley Capital LLC bought a new position in Stratus Properties during the 1st quarter valued at about $383,000. Nuveen LLC bought a new position in Stratus Properties during the 4th quarter valued at about $206,000. Finally, Vanguard Group Inc. raised its position in Stratus Properties by 1.9% in 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. Institutional investors own 61.63% of the company’s stock.
Stratus Properties Company Profile
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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