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 report released on Wednesday. The firm issued a hold rating on the financial services provider’s stock.

American Realty Investors Price Performance

ARL opened at $14.18 on Wednesday. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23. American Realty Investors has a 12 month low of $12.51 and a 12 month high of $22.77. The company has a fifty day simple moving average of $14.43 and a 200 day simple moving average of $15.44. The stock has a market cap of $228.95 million, a P/E ratio of -13.76 and a beta of 0.56.

Hedge Funds Weigh In On American Realty Investors

A number of large investors have recently added to or reduced their stakes in ARL. PFG Investments LLC bought a new position in American Realty Investors during the 4th quarter worth about $396,000. BNP Paribas Financial Markets boosted its stake in shares of American Realty Investors by 1,262.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock worth $85,000 after buying an additional 4,507 shares during the last quarter. Northern Trust Corp boosted its stake in shares of American Realty Investors by 20.4% during the 4th 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 last quarter. JPMorgan Chase & Co. boosted its stake in shares of American Realty Investors by 100.3% during the 4th quarter. JPMorgan Chase & Co. now owns 5,603 shares of the financial services provider’s stock worth $82,000 after buying an additional 2,805 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of American Realty Investors by 6.2% during the 4th quarter. Geode Capital Management LLC now owns 34,629 shares of the financial services provider’s stock worth $508,000 after buying an additional 2,028 shares during the last quarter.

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.