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

Analysts at StockNews.com assumed coverage on shares of American Realty Investors (NYSE:ARL) in a report released on Thursday. The brokerage set a “hold” rating on the financial services provider’s stock.

American Realty Investors Stock Up 1.6 %

Shares of American Realty Investors stock opened at $16.32 on Thursday. American Realty Investors has a 52 week low of $12.51 and a 52 week high of $25.96. The business has a 50 day moving average price of $15.41 and a 200-day moving average price of $15.58. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52.

American Realty Investors (NYSE:ARL) last issued its quarterly earnings data on Thursday, November 7th. The financial services provider reported ($1.08) EPS for the quarter. The company had revenue of $11.61 million during 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 hedge fund recently raised its stake in American Realty Investors stock. BNP Paribas Financial Markets lifted its holdings in shares of American Realty Investors, Inc. (NYSE:ARL) by 1,262.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,864 shares of the financial services provider’s stock after acquiring an additional 4,507 shares during the quarter. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $85,000 at the end of the most recent 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.