Stratus Properties (NASDAQ:STRS) Upgraded to “Hold” by StockNews.com

StockNews.com upgraded shares of Stratus Properties (NASDAQ:STRS) from a sell rating to a hold rating in a report published on Wednesday.

Separately, TheStreet downgraded shares of Stratus Properties from a c- rating to a d+ rating in a research report on Wednesday, January 31st.

Stratus Properties Trading Up 1.4 %

NASDAQ:STRS opened at $22.66 on Wednesday. The stock’s 50 day moving average price is $22.69 and its 200 day moving average price is $25.70. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.50 and a current ratio of 1.50. Stratus Properties has a 52 week low of $18.55 and a 52 week high of $29.99.

Institutional Investors Weigh In On Stratus Properties

Large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its stake in shares of Stratus Properties by 200.0% in the first quarter. Bank of America Corp DE now owns 873 shares of the financial services provider’s stock worth $38,000 after buying an additional 582 shares during the last quarter. Legal & General Group Plc bought a new position in shares of Stratus Properties during the 2nd quarter worth about $32,000. UBS Group AG raised its position in shares of Stratus Properties by 342.5% during the first 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. BNP Paribas Arbitrage SA lifted its stake in shares of Stratus Properties by 6,509.1% in the second quarter. BNP Paribas Arbitrage SA now owns 1,454 shares of the financial services provider’s stock valued at $47,000 after buying an additional 1,432 shares during the period. Finally, Royal Bank of Canada acquired a new stake in Stratus Properties during the first quarter worth about $68,000. Institutional investors own 61.63% of the company’s stock.

About Stratus Properties

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 in Texas. The company operates through two segments, Real Estate Operations and Leasing Operations. Its leasing operations cover lease of space at retail and mixed-use, and multi-family properties.