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

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

American Realty Investors Stock Performance

ARL opened at $13.42 on Tuesday. American Realty Investors has a 12 month low of $12.51 and a 12 month high of $25.96. 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 stock has a 50-day moving average of $15.66 and a 200 day moving average of $15.49.

American Realty Investors (NYSE:ARL) last released its quarterly earnings results on Thursday, November 7th. The financial services provider reported ($1.08) EPS for the quarter. The company had revenue of $11.61 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 added to or reduced their stakes in the stock. Barclays PLC lifted its stake 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 lifted its stake in American Realty Investors by 1,262.5% in the third quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock worth $85,000 after purchasing an additional 4,507 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in American Realty Investors by 210.4% in the first quarter. Russell Investments Group Ltd. now owns 57,115 shares of the financial services provider’s stock worth $1,024,000 after purchasing an additional 38,716 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.