Ingalls & Snyder LLC Has $38.47 Million Holdings in Stratus Properties Inc (STRS)

Ingalls & Snyder LLC lowered its position in Stratus Properties Inc (NASDAQ:STRS) by 1.1% during the fourth quarter, HoldingsChannel reports. The firm owned 1,295,407 shares of the financial services provider’s stock after selling 14,193 shares during the period. Stratus Properties comprises 1.8% of Ingalls & Snyder LLC’s holdings, making the stock its 8th biggest position. Ingalls & Snyder LLC owned approximately 0.16% of Stratus Properties worth $38,474,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in STRS. Bank of New York Mellon Corp raised its holdings in shares of Stratus Properties by 1.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 17,261 shares of the financial services provider’s stock worth $508,000 after acquiring an additional 188 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Stratus Properties by 4.9% during the 2nd quarter. Wells Fargo & Company MN now owns 8,771 shares of the financial services provider’s stock worth $258,000 after acquiring an additional 407 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Stratus Properties by 1.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 547,818 shares of the financial services provider’s stock worth $16,106,000 after acquiring an additional 7,351 shares during the period. Finally, State Street Corp raised its holdings in shares of Stratus Properties by 6.1% during the 2nd quarter. State Street Corp now owns 92,729 shares of the financial services provider’s stock worth $2,730,000 after acquiring an additional 5,329 shares during the period. Institutional investors own 55.00% of the company’s stock.

Stratus Properties Inc (NASDAQ:STRS) traded up $0.10 during midday trading on Friday, hitting $30.55. The stock had a trading volume of 4,459 shares, compared to its average volume of 8,800. Stratus Properties Inc has a fifty-two week low of $24.35 and a fifty-two week high of $32.55. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.52 and a current ratio of 1.52. The stock has a market cap of $251.73, a price-to-earnings ratio of 23.68 and a beta of 0.66.

Stratus Properties (NASDAQ:STRS) last posted its quarterly earnings results on Thursday, November 9th. The financial services provider reported ($0.17) EPS for the quarter. Stratus Properties had a negative return on equity of 3.11% and a net margin of 13.16%.

Separately, Chardan Capital upgraded Stratus Properties from a “neutral” rating to a “buy” rating in a report on Monday, January 8th.

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About Stratus Properties

Stratus Properties Inc (Stratus) is a diversified real estate company. The Company is engaged primarily in the acquisition, entitlement, development, management, operation and sale of commercial, hotel, entertainment, and multi- and single-family residential real estate properties, primarily located in the Austin, Texas area, but including projects in certain other select markets in Texas.

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Institutional Ownership by Quarter for Stratus Properties (NASDAQ:STRS)

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