American Realty Investors (NYSE:ARL) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL) in a report published on Thursday morning. The brokerage issued a hold rating on the financial services provider’s stock.

American Realty Investors Trading Up 1.0 %

Shares of American Realty Investors stock opened at $15.84 on Thursday. The stock has a 50 day moving average price of $15.52 and a two-hundred day moving average price of $16.14. American Realty Investors has a 52 week low of $12.51 and a 52 week high of $24.16. The stock has a market capitalization of $255.74 million, a PE ratio of -15.37 and a beta of 0.65. 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 issued its earnings results on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share (EPS) for the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%. The firm had revenue of $11.61 million during the quarter.

Institutional Investors Weigh In On American Realty Investors

Several institutional investors and hedge funds have recently modified their holdings of the stock. Barclays PLC raised its holdings 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. lifted its holdings 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 in the last quarter. BNP Paribas Financial Markets boosted its holdings 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 last quarter. Finally, PFG Investments LLC bought a new position in American Realty Investors during the fourth quarter valued at 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.