American Realty Investors (NYSE:ARL) Earns Hold Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL) in a report released on Monday. The brokerage set a “hold” rating on the financial services provider’s stock.

American Realty Investors Trading Down 5.4 %

NYSE ARL opened at $14.77 on Monday. The stock’s 50 day moving average is $15.31 and its 200 day moving average is $15.95. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $238.57 million, a PE ratio of -14.34 and a beta of 0.66. American Realty Investors has a twelve month low of $12.51 and a twelve month high of $25.96.

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

Institutional Investors Weigh In On American Realty Investors

Several institutional investors and hedge funds have recently added to or reduced their stakes in ARL. Barclays PLC lifted its stake in shares of American Realty Investors by 257.0% in the 3rd 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 during the period. JPMorgan Chase & Co. boosted its stake in shares of American Realty Investors by 112.0% during 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 during the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of American Realty Investors by 1,262.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock valued at $85,000 after acquiring an additional 4,507 shares during the 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.