StockNews.com Begins Coverage on American Realty Investors (NYSE:ARL)

Analysts at StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL) in a research report issued on Friday. The firm set a “hold” rating on the financial services provider’s stock.

American Realty Investors Trading Down 2.4 %

NYSE:ARL opened at $11.21 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 8.52 and a current ratio of 8.52. The firm has a 50-day simple moving average of $14.01 and a 200-day simple moving average of $15.02. American Realty Investors has a one year low of $10.25 and a one year high of $22.77. The firm has a market cap of $181.06 million, a P/E ratio of -10.88 and a beta of 0.56.

American Realty Investors (NYSE:ARL) last issued its quarterly earnings data on Thursday, March 20th. The financial services provider reported ($0.01) EPS for the quarter. The business had revenue of $12.04 million during the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Barclays PLC grew its holdings in 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. BNP Paribas Financial Markets increased its holdings in shares of American Realty Investors by 1,262.5% during the third 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. PFG Investments LLC purchased a new position in shares of American Realty Investors in the 4th quarter valued at approximately $396,000. JPMorgan Chase & Co. boosted its stake in American Realty Investors by 112.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock worth $49,000 after purchasing an additional 1,478 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in American Realty Investors by 20.4% in the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock worth $362,000 after purchasing an additional 4,180 shares in the last 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.