American Realty Investors (NYSE:ARL) Receives New Coverage from Analysts at StockNews.com

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

American Realty Investors Stock Down 3.2 %

NYSE:ARL opened at $17.19 on Thursday. American Realty Investors has a 1 year low of $11.69 and a 1 year high of $25.96. The stock has a 50-day moving average price of $15.61 and a two-hundred day moving average price of $16.50. The stock has a market cap of $277.62 million, a price-to-earnings ratio of 101.12 and a beta of 0.64. The company has a current ratio of 33.02, a quick ratio of 33.02 and a debt-to-equity ratio of 0.22.

Hedge Funds Weigh In On American Realty Investors

An institutional investor recently raised its position in American Realty Investors stock. Russell Investments Group Ltd. raised its stake in American Realty Investors, Inc. (NYSE:ARL) by 227.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,399 shares of the financial services provider’s stock after buying an additional 12,778 shares during the quarter. Russell Investments Group Ltd.’s holdings in American Realty Investors were worth $320,000 at the end of the most recent reporting period.

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.