American Realty Investors (NYSE:ARL) Coverage Initiated by Analysts at StockNews.com

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

American Realty Investors Stock Performance

Shares of American Realty Investors stock opened at $14.09 on Monday. The stock has a market cap of $227.55 million, a price-to-earnings ratio of -13.68 and a beta of 0.63. American Realty Investors has a twelve month low of $12.51 and a twelve month high of $22.77. The company’s fifty day moving average is $14.59 and its 200 day moving average is $15.64. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ARL. Barclays PLC increased 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 valued at $34,000 after acquiring an additional 1,416 shares in the last quarter. BNP Paribas Financial Markets grew 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 acquiring an additional 4,507 shares during the period. PFG Investments LLC bought a new stake in shares of American Realty Investors during the fourth quarter valued at approximately $396,000. JPMorgan Chase & Co. raised 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 worth $49,000 after purchasing an additional 1,478 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of American Realty Investors by 20.4% in the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock worth $362,000 after purchasing an additional 4,180 shares in 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.