STRS is down -16% and it's not clear why...

Shares of Stratus Pptys Inc (STRS) are trading -16% lower at a price of $30.28 at the time of this writing. While it's generally been a mildly bearish day for this part of the market, the company is faltering behind it's peers in the Real Estate sector.

There was no clear catalyst other than a large macro market selloff.

Stratus Pptys Inc has been trading between a 52-week high of $46.44 and a 52-week low of $29.3. The stock has a market cap of $251 Million.

Stratus is a diversified real estate company engaged primarily in the acquisition, entitlement, development, management, operation and sale of commercial and multi-family and single-family residential real estate properties, and the operation of hotel and entertainment businesses located in the Austin, Texas area and other select, fast-growing markets in Texas.