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

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

American Realty Investors Price Performance

Shares of ARL opened at $13.42 on Tuesday. The business’s fifty day simple moving average is $15.66 and its two-hundred day simple moving average is $15.49. 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 announced its earnings results on Thursday, November 7th. The financial services provider reported ($1.08) EPS for the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%. The company had revenue of $11.61 million during the quarter.

Institutional Investors Weigh In On American Realty Investors

A number of institutional investors and hedge funds have recently bought and sold shares of ARL. BNP Paribas Financial Markets raised its holdings in American Realty Investors by 425.6% during the first quarter. BNP Paribas Financial Markets now owns 3,448 shares of the financial services provider’s stock valued at $62,000 after acquiring an additional 2,792 shares during the period. Russell Investments Group Ltd. grew its position in shares of American Realty Investors by 210.4% during the first quarter. Russell Investments Group Ltd. now owns 57,115 shares of the financial services provider’s stock valued at $1,024,000 after purchasing an additional 38,716 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 valued at $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.