American Realty Investors (NYSE:ARL) Coverage Initiated by Analysts at StockNews.com

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

American Realty Investors Trading Up 0.1 %

NYSE:ARL opened at $14.68 on Monday. The company has a 50-day moving average price of $15.30 and a 200-day moving average price of $15.97. The stock has a market cap of $237.11 million, a price-to-earnings ratio of -14.25 and a beta of 0.66. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23. American Realty Investors has a 12 month low of $12.51 and a 12 month high of $25.96.

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 for the quarter. The firm had revenue of $11.61 million for 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

Institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets boosted its position in shares of American Realty Investors by 1,262.5% in the 3rd 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. raised its stake in 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 valued at $49,000 after buying an additional 1,478 shares during the last quarter. Finally, Barclays PLC boosted its holdings in American Realty Investors by 257.0% in the third quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock worth $34,000 after acquiring 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.