American Realty Investors (NYSE:ARL) Issues Quarterly Earnings Results

American Realty Investors (NYSE:ARL) released its quarterly earnings data on Thursday. The financial services provider reported $0.01 EPS for the quarter, Zacks reports. The firm had revenue of $12.84 million for the quarter. American Realty Investors had a negative return on equity of 1.86% and a negative net margin of 24.74%.

American Realty Investors Stock Down 2.6%

Shares of NYSE:ARL traded down $0.44 during trading on Friday, hitting $16.15. The stock had a trading volume of 778 shares, compared to its average volume of 3,982. The company has a market capitalization of $260.77 million, a PE ratio of -22.12 and a beta of 0.80. The company has a quick ratio of 6.31, a current ratio of 6.31 and a debt-to-equity ratio of 0.27. The firm’s fifty day moving average is $16.05 and its 200 day moving average is $14.62. American Realty Investors has a 12 month low of $9.43 and a 12 month high of $18.00.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of American Realty Investors in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, American Realty Investors has an average rating of “Sell”.

Institutional Trading of American Realty Investors

An institutional investor recently raised its position in American Realty Investors stock. Rhumbline Advisers increased its holdings in American Realty Investors, Inc. (NYSE:ARL) by 44.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,825 shares of the financial services provider’s stock after acquiring an additional 876 shares during the quarter. Rhumbline Advisers’ holdings in American Realty Investors were worth $31,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.