Tectonic Advisors LLC Acquires 4,743 Shares of Stratus Properties Inc. (NASDAQ:STRS)

Tectonic Advisors LLC lifted its holdings in Stratus Properties Inc. (NASDAQ:STRS) by 11.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,716 shares of the financial services provider’s stock after acquiring an additional 4,743 shares during the period. Tectonic Advisors LLC’s holdings in Stratus Properties were worth $949,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC lifted its holdings in shares of Stratus Properties by 281.2% in the 3rd quarter. Barclays PLC now owns 7,335 shares of the financial services provider’s stock worth $191,000 after acquiring an additional 5,411 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Stratus Properties by 124.4% during the third quarter. JPMorgan Chase & Co. now owns 9,603 shares of the financial services provider’s stock valued at $250,000 after buying an additional 5,323 shares during the period. Geode Capital Management LLC grew its stake in shares of Stratus Properties by 3.8% during the third quarter. Geode Capital Management LLC now owns 139,648 shares of the financial services provider’s stock valued at $3,630,000 after buying an additional 5,081 shares during the last quarter. Hodges Capital Management Inc. lifted its stake in shares of Stratus Properties by 1.8% during the 3rd quarter. Hodges Capital Management Inc. now owns 177,470 shares of the financial services provider’s stock worth $4,612,000 after acquiring an additional 3,195 shares during the last quarter. Finally, Ingalls & Snyder LLC boosted its holdings in Stratus Properties by 0.3% during the 3rd quarter. Ingalls & Snyder LLC now owns 953,790 shares of the financial services provider’s stock valued at $24,789,000 after acquiring an additional 2,516 shares during the period. Hedge funds and other institutional investors own 61.63% of the company’s stock.

Stratus Properties Price Performance

Shares of STRS stock opened at $20.18 on Thursday. The company has a market capitalization of $163.18 million, a P/E ratio of 144.14 and a beta of 1.17. The company’s 50-day simple moving average is $21.34 and its two-hundred day simple moving average is $23.82. Stratus Properties Inc. has a one year low of $18.11 and a one year high of $30.66. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.09 and a quick ratio of 1.09.

Insider Buying and Selling

In other Stratus Properties news, major shareholder Oasis Management Co Ltd. sold 1,775 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $27.07, for a total transaction of $48,049.25. Following the transaction, the insider now directly owns 1,139,524 shares in the company, valued at $30,846,914.68. This represents a 0.16 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 9.30% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Stratus Properties from a “sell” rating to a “hold” rating in a research report on Sunday, December 22nd.

Stratus Properties 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.