StockNews.com Begins Coverage on American Realty Investors (NYSE:ARL)

Stock analysts at StockNews.com began coverage on shares of American Realty Investors (NYSE:ARL) in a report issued on Friday. The brokerage set a “hold” rating on the financial services provider’s stock.

American Realty Investors Trading Down 2.4 %

Shares of ARL stock opened at $11.21 on Friday. The company has a market cap of $181.06 million, a PE ratio of -10.88 and a beta of 0.56. American Realty Investors has a 1 year low of $10.25 and a 1 year high of $22.77. The stock’s 50 day simple moving average is $14.01 and its two-hundred day simple moving average is $15.02. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52.

American Realty Investors (NYSE:ARL) last released its quarterly earnings results on Thursday, March 20th. The financial services provider reported ($0.01) earnings per share for the quarter. The company had revenue of $12.04 million for the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%.

Institutional Trading of American Realty Investors

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ARL. Barclays PLC boosted 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 buying an additional 1,416 shares during the period. JPMorgan Chase & Co. grew its position 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 valued at $49,000 after acquiring an additional 1,478 shares during the last quarter. BNP Paribas Financial Markets increased its stake 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 worth $85,000 after purchasing an additional 4,507 shares during the period. Northern Trust Corp lifted its position in shares of American Realty Investors by 20.4% during the fourth quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock worth $362,000 after purchasing an additional 4,180 shares during the last quarter. Finally, PFG Investments LLC bought a new position in shares of American Realty Investors in the fourth quarter worth about $396,000.

About American Realty Investors

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.