BNP Paribas Financial Markets Buys 4,507 Shares of American Realty Investors, Inc. (NYSE:ARL)

BNP Paribas Financial Markets lifted its stake in shares of American Realty Investors, Inc. (NYSE:ARL) by 1,262.5% during the third quarter, Holdings Channel reports. The fund owned 4,864 shares of the financial services provider’s stock after buying an additional 4,507 shares during the quarter. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $85,000 as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of American Realty Investors in a research note on Saturday, December 14th. They issued a “hold” rating for the company.

American Realty Investors Stock Performance

Shares of American Realty Investors stock opened at $14.30 on Thursday. The business has a 50-day simple moving average of $15.36 and a 200 day simple moving average of $15.89. American Realty Investors, Inc. has a one year low of $12.51 and a one year high of $25.96. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52. The firm has a market capitalization of $230.95 million, a price-to-earnings ratio of -13.88 and a beta of 0.66.

American Realty Investors (NYSE:ARL) last released its quarterly earnings data on Thursday, November 7th. The financial services provider reported ($1.08) EPS for the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%. The firm had revenue of $11.61 million for the quarter.

American Realty Investors 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.