StockNews.com Initiates Coverage on American Realty Investors (NYSE:ARL)

Equities researchers at StockNews.com initiated coverage on shares of American Realty Investors (NYSE:ARL) in a research report issued to clients and investors on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

American Realty Investors Stock Performance

ARL opened at $17.00 on Friday. American Realty Investors has a 12-month low of $12.51 and a 12-month high of $25.96. The stock’s 50 day moving average price is $15.36 and its two-hundred day moving average price is $15.84. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23.

American Realty Investors (NYSE:ARL) last issued its quarterly earnings results on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share for the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%. The company had revenue of $11.61 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Realty Investors stock. Barclays PLC increased its stake in shares of American Realty Investors, Inc. (NYSE:ARL) by 257.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,967 shares of the financial services provider’s stock after buying an additional 1,416 shares during the quarter. Barclays PLC’s holdings in American Realty Investors were worth $34,000 at the end of the most recent reporting period.

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.