American Realty Investors (NYSE:ARL) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of American Realty Investors (NYSE:ARL) in a research report issued on Friday. The firm set a “hold” rating on the financial services provider’s stock.

American Realty Investors Price Performance

Shares of ARL opened at $13.04 on Friday. The firm has a 50 day simple moving average of $13.69 and a two-hundred day simple moving average of $17.31. The company has a debt-to-equity ratio of 0.22, a quick ratio of 33.02 and a current ratio of 33.02. American Realty Investors has a one year low of $11.69 and a one year high of $25.96.

American Realty Investors (NYSE:ARL) last issued its quarterly earnings results on Thursday, May 9th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter. American Realty Investors had a return on equity of 0.34% and a net margin of 5.41%. The company had revenue of $11.90 million for the quarter.

Institutional Trading of American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. BNP Paribas Financial Markets boosted its stake in shares of American Realty Investors, Inc. (NYSE:ARL) by 425.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,448 shares of the financial services provider’s stock after buying an additional 2,792 shares during the quarter. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $62,000 as of its most recent SEC filing.

About American Realty Investors

American Realty Investors, Inc, together with its subsidiaries, acquires, develops, owns, and manages multifamily and commercial real estate properties in the Southern United States. It operates through two segments, Residential and Commercial. The company leases apartment units to residents; and office, industrial, and retail space to various for-profit businesses, as well as local, state, and federal agencies.