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

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

American Realty Investors Price Performance

ARL stock opened at $13.72 on Thursday. American Realty Investors has a 52 week low of $9.43 and a 52 week high of $22.77. The firm has a market capitalization of $221.52 million, a P/E ratio of -13.32 and a beta of 0.66. The company has a fifty day simple moving average of $12.30 and a two-hundred day simple moving average of $14.00. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23.

American Realty Investors (NYSE:ARL) last released its earnings results on Thursday, May 8th. The financial services provider reported ($0.01) EPS for the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%.

Institutional Investors Weigh In On American Realty Investors

A number of large investors have recently made changes to their positions in the stock. Barclays PLC grew its stake in shares of American Realty Investors by 257.0% during the 3rd 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 period. PFG Investments LLC purchased a new position in American Realty Investors in the 4th quarter valued at about $396,000. Geode Capital Management LLC boosted its stake in shares of American Realty Investors by 6.2% in the fourth quarter. Geode Capital Management LLC now owns 34,629 shares of the financial services provider’s stock worth $508,000 after acquiring an additional 2,028 shares during the last quarter. JPMorgan Chase & Co. grew its holdings 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 worth $49,000 after buying an additional 1,478 shares in the last quarter. Finally, Invesco Ltd. purchased a new stake in American Realty Investors during the 1st quarter valued at about $111,000.

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.