American Realty Investors (NYSE:ARL) Earns Hold Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of American Realty Investors (NYSE:ARL) in a research note issued to investors on Friday. The firm set a “hold” rating on the financial services provider’s stock.

American Realty Investors Price Performance

Shares of NYSE ARL opened at $11.25 on Friday. The company has a fifty day moving average price of $14.10 and a 200 day moving average price of $15.07. The firm has a market cap of $181.63 million, a PE ratio of -10.92 and a beta of 0.56. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23. American Realty Investors has a 1-year low of $10.25 and a 1-year high of $22.77.

American Realty Investors (NYSE:ARL) last posted 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 return on equity of 2.05% and a negative net margin of 33.78%.

Institutional Trading of American Realty Investors

Hedge funds and other institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC boosted its holdings in American Realty Investors by 6.2% during the fourth quarter. Geode Capital Management LLC now owns 34,629 shares of the financial services provider’s stock worth $508,000 after purchasing an additional 2,028 shares during the last quarter. PFG Investments LLC acquired a new position in shares of American Realty Investors during the 4th quarter worth about $396,000. Northern Trust Corp grew its holdings in shares of American Realty Investors by 20.4% in the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock valued at $362,000 after acquiring an additional 4,180 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of American Realty Investors by 100.3% in the fourth quarter. JPMorgan Chase & Co. now owns 5,603 shares of the financial services provider’s stock valued at $82,000 after acquiring an additional 2,805 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of American Realty Investors by 1,262.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock worth $85,000 after purchasing an additional 4,507 shares during the last quarter.

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.