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 research report released on Tuesday morning. The firm issued a hold rating on the financial services provider’s stock.

American Realty Investors Trading Down 2.8 %

NYSE ARL opened at $14.01 on Tuesday. American Realty Investors has a 1 year low of $12.51 and a 1 year high of $25.96. 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 company has a market capitalization of $226.29 million, a PE ratio of -13.60 and a beta of 0.65. The company has a fifty day moving average of $15.38 and a 200 day moving average of $16.03.

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

Institutional Investors Weigh In On American Realty Investors

A number of hedge funds and other institutional investors have recently made changes to their positions in ARL. BNP Paribas Financial Markets lifted 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 valued at $85,000 after purchasing an additional 4,507 shares during the period. JPMorgan Chase & Co. increased its holdings 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 in the last quarter. Finally, Barclays PLC raised its position in shares of 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 acquiring an additional 1,416 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.