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

Research analysts at StockNews.com began coverage on shares of American Realty Investors (NYSE:ARL) in a research note issued to investors on Friday. The brokerage set a “hold” rating on the financial services provider’s stock.

American Realty Investors Stock Performance

NYSE:ARL opened at $14.43 on Friday. The firm has a 50-day moving average of $15.55 and a two-hundred day moving average of $16.12. 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 has a market cap of $232.98 million, a P/E ratio of -14.01 and a beta of 0.65. American Realty Investors has a 1-year low of $12.51 and a 1-year high of $23.44.

American Realty Investors (NYSE:ARL) last issued its quarterly earnings results on Thursday, November 7th. The financial services provider reported ($1.08) 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 $11.61 million during the quarter.

Institutional Trading of American Realty Investors

Hedge funds and other institutional investors have recently made changes to their positions in the stock. PFG Investments LLC bought a new position in American Realty Investors during the fourth quarter worth $396,000. BNP Paribas Financial Markets lifted 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 valued at $85,000 after buying an additional 4,507 shares during the last quarter. JPMorgan Chase & Co. lifted 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 valued at $49,000 after buying an additional 1,478 shares during the last quarter. Finally, Barclays PLC grew its position in shares of 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 acquiring an additional 1,416 shares during the last quarter.

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.