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

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

American Realty Investors Price Performance

ARL stock opened at $15.84 on Thursday. The company’s fifty day moving average price is $15.52 and its 200-day moving average price is $16.14. American Realty Investors has a one year low of $12.51 and a one year high of $24.16. The company has a market capitalization of $255.74 million, a PE ratio of -15.37 and a beta of 0.65. The company has a debt-to-equity ratio of 0.23, a quick ratio of 8.52 and a current ratio of 8.52.

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

Institutional Investors Weigh In On American Realty Investors

Several institutional investors have recently modified their holdings of the stock. PFG Investments LLC purchased a new stake in shares of American Realty Investors in the fourth quarter valued at $396,000. JPMorgan Chase & Co. increased its stake in American Realty Investors by 112.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock worth $49,000 after buying an additional 1,478 shares during the period. Barclays PLC raised its stake 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 valued at $34,000 after acquiring an additional 1,416 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its position in American Realty Investors by 1,262.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock valued at $85,000 after purchasing an additional 4,507 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.