Stratus Properties Inc. (NASDAQ:STRS) Short Interest Update

Stratus Properties Inc. (NASDAQ:STRS) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 113,723 shares, a growth of 23.9% from the January 15th total of 91,753 shares. Currently, 1.6% of the company’s shares are short sold. Based on an average daily trading volume, of 12,388 shares, the short-interest ratio is presently 9.2 days. Based on an average daily trading volume, of 12,388 shares, the short-interest ratio is presently 9.2 days. Currently, 1.6% of the company’s shares are short sold.

Analysts Set New Price Targets

Several research firms have issued reports on STRS. Weiss Ratings reissued a “sell (d)” rating on shares of Stratus Properties in a research note on Monday, December 29th. Wall Street Zen raised Stratus Properties to a “sell” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Stratus Properties

Large investors have recently bought and sold shares of the stock. Ingalls & Snyder LLC boosted its stake in shares of Stratus Properties by 0.5% in the 2nd quarter. Ingalls & Snyder LLC now owns 900,005 shares of the financial services provider’s stock valued at $16,992,000 after buying an additional 4,804 shares during the period. Vanguard Group Inc. raised its holdings in Stratus Properties by 1.9% in the third quarter. Vanguard Group Inc. now owns 430,395 shares of the financial services provider’s stock valued at $9,107,000 after acquiring an additional 7,994 shares in the last quarter. Geode Capital Management LLC lifted its stake in Stratus Properties by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 160,080 shares of the financial services provider’s stock worth $3,872,000 after acquiring an additional 1,393 shares during the last quarter. Hodges Capital Management Inc. grew its holdings in 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 acquiring an additional 13,600 shares in the last quarter. Finally, State Street Corp increased its position in shares of Stratus Properties by 2.9% in the 4th quarter. State Street Corp now owns 88,136 shares of the financial services provider’s stock valued at $2,131,000 after purchasing an additional 2,446 shares during the last quarter. Hedge funds and other institutional investors own 61.63% of the company’s stock.

Stratus Properties Trading Down 1.0%

Shares of STRS traded down $0.29 during midday trading on Monday, hitting $29.40. 6,046 shares of the stock were exchanged, compared to its average volume of 11,469. Stratus Properties has a 52-week low of $15.10 and a 52-week high of $31.35. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.67 and a current ratio of 3.67. The stock has a fifty day simple moving average of $26.20 and a 200 day simple moving average of $21.80. The firm has a market cap of $234.91 million, a P/E ratio of -29.11 and a beta of 1.28.

About Stratus Properties

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.