Geode Capital Management LLC Grows Stock Holdings in Stratus Properties Inc. (NASDAQ:STRS)

Geode Capital Management LLC increased its holdings in shares of Stratus Properties Inc. (NASDAQ:STRS) by 3.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 139,648 shares of the financial services provider’s stock after acquiring an additional 5,081 shares during the quarter. Geode Capital Management LLC’s holdings in Stratus Properties were worth $3,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Barclays PLC raised its stake in shares of Stratus Properties by 281.2% during the 3rd quarter. Barclays PLC now owns 7,335 shares of the financial services provider’s stock valued at $191,000 after buying an additional 5,411 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Stratus Properties by 6.3% during the second quarter. Bank of New York Mellon Corp now owns 16,888 shares of the financial services provider’s stock worth $426,000 after acquiring an additional 997 shares during the period. Tectonic Advisors LLC grew its holdings in Stratus Properties by 4.7% during the third quarter. Tectonic Advisors LLC now owns 40,973 shares of the financial services provider’s stock worth $1,065,000 after acquiring an additional 1,852 shares during the period. Hodges Capital Management Inc. raised its position in Stratus Properties by 1.8% during the third quarter. Hodges Capital Management Inc. now owns 177,470 shares of the financial services provider’s stock valued at $4,612,000 after acquiring an additional 3,195 shares in the last quarter. Finally, Ingalls & Snyder LLC lifted its holdings in Stratus Properties by 0.3% in the third 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.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Stratus Properties from a “sell” rating to a “hold” rating in a research note on Sunday, December 22nd.

Stratus Properties Stock Down 2.9 %

STRS opened at $20.08 on Tuesday. The company has a fifty day moving average of $23.87 and a two-hundred day moving average of $24.86. The stock has a market capitalization of $162.45 million, a price-to-earnings ratio of 143.43 and a beta of 1.15. Stratus Properties Inc. has a fifty-two week low of $19.63 and a fifty-two week high of $30.66. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.09 and a current ratio of 1.09.

Insider Activity at Stratus Properties

In other news, major shareholder Oasis Management Co Ltd. sold 1,911 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $27.00, for a total transaction of $51,597.00. Following the completion of the transaction, the insider now directly owns 1,141,299 shares of the company’s stock, valued at $30,815,073. This represents a 0.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders sold a total of 3,859 shares of company stock worth $104,317 in the last 90 days. Corporate insiders own 9.30% of the company’s stock.

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.