StockNews.com Begins Coverage on American Realty Investors (NYSE:ARL)

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

American Realty Investors Price Performance

ARL stock opened at $16.63 on Wednesday. The firm has a 50 day moving average of $15.31 and a 200-day moving average of $16.74. The firm has a market capitalization of $268.57 million, a P/E ratio of 97.82 and a beta of 0.64. American Realty Investors has a 12 month low of $11.69 and a 12 month high of $25.96. The company has a current ratio of 33.02, a quick ratio of 33.02 and a debt-to-equity ratio of 0.22.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings results on Thursday, May 9th. The financial services provider reported $0.11 EPS for the quarter. The firm had revenue of $11.90 million during the quarter. American Realty Investors had a net margin of 5.41% and a return on equity of 0.34%.

Institutional Trading of American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Russell Investments Group Ltd. raised its stake in shares of American Realty Investors, Inc. (NYSE:ARL) by 210.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,115 shares of the financial services provider’s stock after purchasing an additional 38,716 shares during the quarter. Russell Investments Group Ltd. owned 0.35% of American Realty Investors worth $1,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.