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

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

American Realty Investors Stock Performance

American Realty Investors stock opened at $13.89 on Monday. American Realty Investors has a 1-year low of $12.51 and a 1-year high of $22.77. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $224.39 million, a PE ratio of -13.49 and a beta of 0.63. The firm’s 50 day simple moving average is $14.58 and its 200 day simple moving average is $15.63.

Institutional Investors Weigh In On American Realty Investors

Several large investors have recently added to or reduced their stakes in ARL. BNP Paribas Financial Markets raised its holdings in shares of American Realty Investors by 1,262.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock valued at $85,000 after acquiring an additional 4,507 shares in the last quarter. Barclays PLC increased its position in shares of American Realty Investors by 257.0% in the third quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 1,416 shares during the last quarter. JPMorgan Chase & Co. raised its stake in American Realty Investors by 112.0% in 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 in the last quarter. PFG Investments LLC bought a new stake in American Realty Investors during the fourth quarter valued at approximately $396,000. Finally, Geode Capital Management LLC grew its stake in American Realty Investors by 6.2% in 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 in 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.