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

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

American Realty Investors Stock Performance

Shares of ARL opened at $13.58 on Thursday. The firm’s 50 day moving average price is $12.28 and its two-hundred day moving average price is $14.01. The company has a debt-to-equity ratio of 0.23, a quick ratio of 8.52 and a current ratio of 8.52. The firm has a market cap of $219.26 million, a P/E ratio of -13.18 and a beta of 0.66. American Realty Investors has a twelve month low of $9.43 and a twelve month high of $22.77.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings data on Thursday, May 8th. The financial services provider reported ($0.01) EPS for the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%.

Hedge Funds Weigh In On American Realty Investors

Several institutional investors and hedge funds have recently modified their holdings of the stock. PFG Investments LLC acquired a new position in shares of American Realty Investors in the fourth quarter valued at $396,000. Wealth Alliance Advisory Group LLC grew its stake in American Realty Investors by 10.0% during the first quarter. Wealth Alliance Advisory Group LLC now owns 165,000 shares of the financial services provider’s stock worth $1,807,000 after buying an additional 15,000 shares in the last quarter. Invesco Ltd. acquired a new stake in American Realty Investors during the first quarter worth about $111,000. Northern Trust Corp grew its stake in American Realty Investors by 20.4% during the fourth quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock worth $362,000 after buying an additional 4,180 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of American Realty Investors by 100.3% in the 4th quarter. JPMorgan Chase & Co. now owns 5,603 shares of the financial services provider’s stock valued at $82,000 after purchasing an additional 2,805 shares in the last quarter.

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.