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

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

American Realty Investors Stock Up 1.3 %

NYSE ARL opened at $14.45 on Friday. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23. American Realty Investors has a 52 week low of $12.51 and a 52 week high of $23.44. The stock’s 50-day moving average price is $15.31 and its 200-day moving average price is $15.99. The company has a market capitalization of $233.29 million, a P/E ratio of -14.02 and a beta of 0.63.

Institutional Trading of American Realty Investors

Several institutional investors have recently made changes to their positions in ARL. PFG Investments LLC purchased a new stake in shares of American Realty Investors during the fourth quarter worth about $396,000. BNP Paribas Financial Markets grew its position in shares of 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 worth $85,000 after purchasing an additional 4,507 shares in the last quarter. JPMorgan Chase & Co. grew 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 in the last quarter. Finally, Barclays PLC grew its position in shares of American Realty Investors by 257.0% during the third 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 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.