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

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

American Realty Investors Trading Up 1.7 %

Shares of ARL stock opened at $13.34 on Friday. American Realty Investors has a 1 year low of $12.51 and a 1 year high of $22.77. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52. The stock’s 50 day simple moving average is $15.01 and its two-hundred day simple moving average is $15.82. The company has a market cap of $215.36 million, a PE ratio of -12.95 and a beta of 0.63.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Barclays PLC grew its stake in American Realty Investors by 257.0% in the third quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 1,416 shares in the last quarter. JPMorgan Chase & Co. grew its stake in American Realty Investors by 112.0% in the third quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock worth $49,000 after purchasing an additional 1,478 shares in the last quarter. BNP Paribas Financial Markets grew its stake in American Realty Investors by 1,262.5% in the third quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock worth $85,000 after purchasing an additional 4,507 shares in the last quarter. Northern Trust Corp grew its stake in American Realty Investors by 20.4% in the fourth quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock worth $362,000 after purchasing an additional 4,180 shares in the last quarter. Finally, PFG Investments LLC bought a new position in American Realty Investors in the fourth quarter worth approximately $396,000.

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.