Lourd Capital LLC acquired a new position in Stratus Properties Inc (NASDAQ:STRS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,756 shares of the financial services provider’s stock, valued at approximately $299,000.

A number of other hedge funds have also bought and sold shares of the business. Dimensional Fund Advisors LP lifted its position in shares of Stratus Properties by 2.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 568,678 shares of the financial services provider’s stock valued at $17,174,000 after buying an additional 13,114 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of Stratus Properties by 37.9% during the 2nd quarter. Renaissance Technologies LLC now owns 41,900 shares of the financial services provider’s stock valued at $1,280,000 after buying an additional 11,508 shares during the last quarter. BlackRock Inc. lifted its position in shares of Stratus Properties by 2.2% during the 2nd quarter. BlackRock Inc. now owns 274,371 shares of the financial services provider’s stock valued at $8,382,000 after buying an additional 6,012 shares during the last quarter. Fondren Management LP lifted its position in shares of Stratus Properties by 2.1% during the 2nd quarter. Fondren Management LP now owns 265,500 shares of the financial services provider’s stock valued at $8,111,000 after buying an additional 5,500 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its position in shares of Stratus Properties by 28.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 11,800 shares of the financial services provider’s stock valued at $361,000 after buying an additional 2,600 shares during the last quarter. 56.39% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ STRS opened at $29.04 on Friday. Stratus Properties Inc has a one year low of $27.25 and a one year high of $35.90. The company has a debt-to-equity ratio of 2.02, a current ratio of 1.24 and a quick ratio of 1.24.

Stratus Properties (NASDAQ:STRS) last issued its quarterly earnings results on Thursday, August 9th. The financial services provider reported ($0.11) EPS for the quarter. Stratus Properties had a net margin of 5.94% and a negative return on equity of 8.47%. The firm had revenue of $23.31 million for the quarter.

Stratus Properties Company Profile

Stratus Properties Inc, a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, hotel, entertainment, and multi-and single-family residential real estate properties primarily in Austin, Texas. The company operates through four segments: Real Estate Operations, Leasing Operations, Hotel, and Entertainment.

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

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