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

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

American Realty Investors Stock Performance

Shares of ARL stock opened at $15.31 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 $25.96. The firm has a 50 day moving average of $15.29 and a 200-day moving average of $15.93. The company has a market cap of $247.29 million, a price-to-earnings ratio of -14.86 and a beta of 0.66.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings data on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share for the quarter. The company 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

An institutional investor recently raised its position in American Realty Investors stock. Barclays PLC boosted its holdings in shares of American Realty Investors, Inc. (NYSE:ARL) by 257.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,967 shares of the financial services provider’s stock after buying an additional 1,416 shares during the period. Barclays PLC’s holdings in American Realty Investors were worth $34,000 as of its most recent SEC filing.

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.