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

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

American Realty Investors Trading Up 0.7 %

Shares of ARL stock opened at $17.74 on Monday. The company has a quick ratio of 33.02, a current ratio of 33.02 and a debt-to-equity ratio of 0.22. American Realty Investors has a 52 week low of $11.69 and a 52 week high of $25.96. The firm has a 50 day moving average of $14.37 and a 200-day moving average of $17.09.

American Realty Investors (NYSE:ARL) last posted its quarterly earnings results 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 Inflows and Outflows

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