American Realty Investors (NYSE:ARL) Coverage Initiated by Analysts at StockNews.com

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

American Realty Investors Trading Up 2.4 %

Shares of American Realty Investors stock opened at $10.84 on Friday. The stock has a market capitalization of $175.01 million, a PE ratio of -10.52 and a beta of 0.56. American Realty Investors has a 52 week low of $9.43 and a 52 week high of $22.77. The stock has a 50 day moving average price of $13.54 and a two-hundred day moving average price of $14.83. The company has a debt-to-equity ratio of 0.23, a quick ratio of 8.52 and a current ratio of 8.52.

American Realty Investors (NYSE:ARL) last posted its quarterly earnings results on Thursday, March 20th. The financial services provider reported ($0.01) earnings per share (EPS) for the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%. The business had revenue of $12.04 million during the quarter.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Barclays PLC grew its holdings in American Realty Investors by 257.0% during the third quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock worth $34,000 after buying an additional 1,416 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of American Realty Investors by 112.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock worth $49,000 after acquiring an additional 1,478 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of American Realty Investors by 1,262.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock worth $85,000 after acquiring an additional 4,507 shares in the last quarter. Northern Trust Corp raised its holdings in shares of 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 valued at $362,000 after purchasing an additional 4,180 shares during the last quarter. Finally, PFG Investments LLC purchased a new stake in shares of American Realty Investors in the fourth quarter valued at about $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.