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

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

American Realty Investors Trading Down 1.3 %

American Realty Investors stock opened at $11.54 on Friday. American Realty Investors has a one year low of $9.43 and a one year high of $22.77. The company’s fifty day moving average price is $12.97 and its two-hundred day moving average price is $14.45. 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 $186.46 million, a price-to-earnings ratio of -11.21 and a beta of 0.48.

American Realty Investors (NYSE:ARL) last issued its quarterly earnings data on Thursday, March 20th. The financial services provider reported ($0.01) earnings per share for the quarter. The company had revenue of $12.04 million during the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ARL. BNP Paribas Financial Markets boosted its holdings in American Realty Investors by 1,262.5% during 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. Barclays PLC lifted its position in shares of American Realty Investors by 257.0% during the 3rd 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 during the last quarter. JPMorgan Chase & Co. boosted its stake in American Realty Investors by 112.0% during the 3rd 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. PFG Investments LLC acquired a new stake in American Realty Investors in the 4th quarter valued at approximately $396,000. Finally, Geode Capital Management LLC increased its position in American Realty Investors by 6.2% in the 4th quarter. Geode Capital Management LLC now owns 34,629 shares of the financial services provider’s stock worth $508,000 after buying an additional 2,028 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.