American Realty Investors (NYSE:ARL) Coverage Initiated at StockNews.com

Analysts at StockNews.com assumed coverage on shares of American Realty Investors (NYSE:ARL) in a note issued to investors on Tuesday. The firm set a “hold” rating on the financial services provider’s stock.

American Realty Investors Trading Down 2.8 %

NYSE:ARL opened at $14.01 on Tuesday. American Realty Investors has a 52-week low of $12.51 and a 52-week high of $25.96. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23. The stock has a fifty day simple moving average of $15.38 and a 200-day simple moving average of $16.04. The company has a market capitalization of $226.29 million, a PE ratio of -13.60 and a beta of 0.65.

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

Institutional Investors Weigh In On American Realty Investors

Large investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets lifted its position in shares of 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. JPMorgan Chase & Co. lifted its holdings 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 purchasing an additional 1,478 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of American Realty Investors by 257.0% during the 3rd quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 1,416 shares during 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.