American Realty Investors (NYSE:ARL) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started 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 Trading Down 0.4 %

Shares of NYSE:ARL opened at $16.25 on Thursday. American Realty Investors has a 12-month low of $12.51 and a 12-month high of $25.96. The business has a 50 day moving average of $15.33 and a 200-day moving average of $15.61. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23. The stock has a market cap of $262.44 million, a PE ratio of -15.78 and a beta of 0.60.

American Realty Investors (NYSE:ARL) last released its quarterly earnings results on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share (EPS) for the quarter. The firm had revenue of $11.61 million during the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%.

Hedge Funds Weigh In On American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. BNP Paribas Financial Markets grew its holdings in shares of American Realty Investors, Inc. (NYSE:ARL) by 1,262.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,864 shares of the financial services provider’s stock after purchasing an additional 4,507 shares during the period. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $85,000 at the end of the most recent 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.