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

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

American Realty Investors Price Performance

Shares of American Realty Investors stock opened at $14.52 on Friday. 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 has a 52-week low of $12.51 and a 52-week high of $23.44. The company’s 50 day moving average price is $15.53 and its 200-day moving average price is $16.10. The stock has a market capitalization of $234.50 million, a price-to-earnings ratio of -14.10 and a beta of 0.65.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings results on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share (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 firm had revenue of $11.61 million during the quarter.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ARL. Barclays PLC grew its position in shares of American Realty Investors by 257.0% in the 3rd quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock worth $34,000 after buying an additional 1,416 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in American Realty Investors by 112.0% in the third quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock valued at $49,000 after acquiring an additional 1,478 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in American Realty Investors by 1,262.5% in the third quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock valued at $85,000 after acquiring an additional 4,507 shares in the last quarter. Finally, PFG Investments LLC purchased a new position in American Realty Investors during the 4th quarter valued at $396,000.

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.