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

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

American Realty Investors Stock Up 2.1 %

American Realty Investors stock opened at $11.85 on Friday. The stock has a market cap of $191.35 million, a PE ratio of -11.50 and a beta of 0.48. 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 stock’s fifty day moving average is $13.08 and its two-hundred day moving average is $14.53. American Realty Investors has a 1-year low of $9.43 and a 1-year high of $22.77.

American Realty Investors (NYSE:ARL) last issued its earnings results on Thursday, March 20th. The financial services provider reported ($0.01) earnings per share for the quarter. The business 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

A number of large investors have recently made changes to their positions in the company. Barclays PLC increased its position in American Realty Investors by 257.0% in the 3rd quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 1,416 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of American Realty Investors by 112.0% in 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 during the period. BNP Paribas Financial Markets raised its stake in shares of American Realty Investors by 1,262.5% during the third 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. Northern Trust Corp lifted its holdings in shares of American Realty Investors by 20.4% during the fourth quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock worth $362,000 after purchasing an additional 4,180 shares during the period. Finally, PFG Investments LLC purchased a new position in American Realty Investors in the 4th quarter valued at $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.