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

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

American Realty Investors Price Performance

Shares of NYSE:ARL opened at $13.89 on Monday. 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 market cap of $224.39 million, a PE ratio of -13.49 and a beta of 0.63. The company’s fifty day moving average is $14.58 and its 200 day moving average is $15.63. American Realty Investors has a 52 week low of $12.51 and a 52 week high of $22.77.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Barclays PLC grew its position 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 worth $34,000 after acquiring an additional 1,416 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of American Realty Investors by 112.0% during the third 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 during the period. BNP Paribas Financial Markets grew its holdings 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 worth $85,000 after purchasing an additional 4,507 shares during the last quarter. Northern Trust Corp increased its stake in shares of American Realty Investors by 20.4% in the fourth quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock worth $362,000 after buying an additional 4,180 shares during the period. Finally, PFG Investments LLC bought a new stake in American Realty Investors during the 4th quarter valued at $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.