American Realty Investors (NYSE:ARL) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL) in a research report released on Wednesday. The brokerage issued a hold rating on the financial services provider’s stock.

American Realty Investors Stock Performance

Shares of ARL opened at $15.52 on Wednesday. The company has a 50-day simple moving average of $18.78 and a 200-day simple moving average of $17.47. The company has a quick ratio of 28.29, a current ratio of 28.29 and a debt-to-equity ratio of 0.22. American Realty Investors has a 52 week low of $11.69 and a 52 week high of $25.96.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings data on Thursday, March 21st. The financial services provider reported ($0.13) EPS for the quarter. The company had revenue of $14.05 million for the quarter. American Realty Investors had a net margin of 7.86% and a return on equity of 0.49%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in American Realty Investors by 4.3% in the fourth quarter. Vanguard Group Inc. now owns 21,405 shares of the financial services provider’s stock worth $373,000 after purchasing an additional 890 shares in the last quarter. Northern Trust Corp raised its position in American Realty Investors by 6.1% in the third quarter. Northern Trust Corp now owns 15,565 shares of the financial services provider’s stock worth $228,000 after purchasing an additional 891 shares in the last quarter. Deutsche Bank AG raised its position in American Realty Investors by 164.6% in the third quarter. Deutsche Bank AG now owns 1,855 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 1,154 shares in the last quarter. State Street Corp raised its position in American Realty Investors by 6.8% in the second quarter. State Street Corp now owns 20,475 shares of the financial services provider’s stock worth $446,000 after purchasing an additional 1,300 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of American Realty Investors by 80.0% during the fourth quarter. Bank of America Corp DE now owns 3,233 shares of the financial services provider’s stock worth $83,000 after buying an additional 1,437 shares in 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.