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

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

American Realty Investors Stock Down 1.1 %

ARL stock opened at $16.88 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 33.02 and a quick ratio of 33.02. American Realty Investors has a 52-week low of $11.69 and a 52-week high of $25.96. The company has a 50-day moving average of $13.99 and a two-hundred day moving average of $17.13. The stock has a market capitalization of $272.61 million, a price-to-earnings ratio of 99.29 and a beta of 0.65.

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

Institutional Trading of American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. BNP Paribas Financial Markets lifted its position in shares of American Realty Investors, Inc. (NYSE:ARL) by 425.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,448 shares of the financial services provider’s stock after purchasing an additional 2,792 shares during the quarter. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $62,000 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.