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

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

American Realty Investors Trading Down 8.1 %

Shares of ARL stock opened at $12.79 on Thursday. American Realty Investors has a 52-week low of $12.29 and a 52-week high of $22.77. 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 market capitalization of $206.58 million, a PE ratio of -12.42 and a beta of 0.56. The stock has a fifty day simple moving average of $14.30 and a two-hundred day simple moving average of $15.21.

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Barclays PLC grew its position in shares of American Realty Investors by 257.0% during the third quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 1,416 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of American Realty Investors by 112.0% during 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. BNP Paribas Financial Markets grew its position 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 acquiring an additional 4,507 shares in the last quarter. Northern Trust Corp grew its position in American Realty Investors by 20.4% in the fourth quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock worth $362,000 after acquiring an additional 4,180 shares in the last quarter. Finally, PFG Investments LLC purchased a new position in American Realty Investors in the fourth quarter worth about $396,000.

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.