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

StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL) in a research note issued to investors on Friday. The firm issued a hold rating on the financial services provider’s stock.

American Realty Investors Stock Performance

ARL opened at $14.52 on Friday. American Realty Investors has a twelve month low of $12.51 and a twelve month high of $23.44. The stock has a market cap of $234.50 million, a PE ratio of -14.10 and a beta of 0.65. The business’s 50 day moving average is $15.53 and its 200-day moving average is $16.09. 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 (NYSE:ARL) last announced its earnings results on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share for the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%. The business had revenue of $11.61 million for the quarter.

Hedge Funds Weigh In On American Realty Investors

Several large investors have recently bought and sold shares of ARL. PFG Investments LLC acquired a new stake in shares of American Realty Investors in the 4th quarter worth approximately $396,000. BNP Paribas Financial Markets lifted its position 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. JPMorgan Chase & Co. boosted its stake in American Realty Investors by 112.0% during 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 American Realty Investors by 257.0% during the 3rd 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.