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

Analysts at StockNews.com assumed 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 $14.46 on Friday. 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 stock’s 50 day moving average price is $15.39 and its two-hundred day moving average price is $16.05. The firm has a market capitalization of $233.53 million, a P/E ratio of -14.04 and a beta of 0.63. American Realty Investors has a 12-month low of $12.51 and a 12-month high of $23.44.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings data on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share (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 Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Barclays PLC grew its position 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. BNP Paribas Financial Markets lifted its position 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 during the period. PFG Investments LLC acquired a new stake in shares of American Realty Investors during the 4th quarter worth approximately $396,000. Finally, JPMorgan Chase & Co. increased its position in shares of American Realty Investors by 112.0% during the third quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 1,478 shares during the period.

American Realty Investors Company Profile

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.