Ingalls & Snyder LLC Has $24.79 Million Holdings in Stratus Properties Inc. (NASDAQ:STRS)

Ingalls & Snyder LLC lifted its position in shares of Stratus Properties Inc. (NASDAQ:STRS) by 0.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 953,790 shares of the financial services provider’s stock after purchasing an additional 2,516 shares during the quarter. Stratus Properties accounts for approximately 1.0% of Ingalls & Snyder LLC’s investment portfolio, making the stock its 23rd largest holding. Ingalls & Snyder LLC owned approximately 0.12% of Stratus Properties worth $24,789,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Tectonic Advisors LLC grew its holdings in shares of Stratus Properties by 4.7% during the 3rd quarter. Tectonic Advisors LLC now owns 40,973 shares of the financial services provider’s stock worth $1,065,000 after purchasing an additional 1,852 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Stratus Properties by 6.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 16,888 shares of the financial services provider’s stock worth $426,000 after purchasing an additional 997 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Stratus Properties by 5.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,862 shares of the financial services provider’s stock valued at $248,000 after buying an additional 525 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Stratus Properties by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 408,565 shares of the financial services provider’s stock valued at $9,328,000 after buying an additional 1,155 shares in the last quarter. Institutional investors and hedge funds own 61.63% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Stratus Properties from a “hold” rating to a “sell” rating in a research note on Tuesday, August 13th.

Insider Activity at Stratus Properties

In other Stratus Properties news, major shareholder Oasis Management Co Ltd. sold 1,775 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $27.07, for a total value of $48,049.25. Following the transaction, the insider now owns 1,139,524 shares of the company’s stock, valued at approximately $30,846,914.68. The trade was a 0.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 3,859 shares of company stock valued at $104,317 in the last 90 days. 9.30% of the stock is owned by corporate insiders.

Stratus Properties Price Performance

STRS stock traded down $0.10 during trading on Tuesday, hitting $25.65. The company had a trading volume of 4,067 shares, compared to its average volume of 13,638. The company has a fifty day moving average price of $24.66 and a two-hundred day moving average price of $25.16. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.60. The company has a market cap of $207.51 million, a P/E ratio of 183.21 and a beta of 1.15. Stratus Properties Inc. has a fifty-two week low of $20.30 and a fifty-two week high of $30.66.

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.