American Realty Investors (NYSE:ARL) Now Covered by Analysts at StockNews.com

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

American Realty Investors Stock Performance

Shares of American Realty Investors stock opened at $14.41 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 33.02 and a current ratio of 33.02. American Realty Investors has a twelve month low of $11.69 and a twelve month high of $25.96. The business has a 50-day moving average price of $13.69 and a 200 day moving average price of $17.21.

American Realty Investors (NYSE:ARL) last posted its quarterly earnings data on Thursday, May 9th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter. American Realty Investors had a return on equity of 0.34% and a net margin of 5.41%. The company had revenue of $11.90 million for the quarter.

Institutional Investors Weigh In On American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Russell Investments Group Ltd. raised its position in American Realty Investors, Inc. (NYSE:ARL) by 227.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,399 shares of the financial services provider’s stock after buying an additional 12,778 shares during the period. Russell Investments Group Ltd.’s holdings in American Realty Investors were worth $320,000 at the end of the most recent reporting period.

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.