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

StockNews.com began coverage on shares of American Realty Investors (NYSE:ARL) in a research note published on Tuesday morning. The firm issued a hold rating on the financial services provider’s stock.

American Realty Investors Trading Down 2.8 %

Shares of NYSE:ARL opened at $14.01 on Tuesday. The business’s 50 day moving average price is $15.38 and its 200-day moving average price is $16.03. American Realty Investors has a 1 year low of $12.51 and a 1 year high of $25.96. The firm has a market capitalization of $226.29 million, a price-to-earnings ratio of -13.60 and a beta of 0.65. 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 posted its quarterly earnings data on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share (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 company had revenue of $11.61 million for the quarter.

Institutional Investors Weigh In On American Realty Investors

Several institutional investors have recently bought and sold shares of the company. Barclays PLC lifted its position in shares of American Realty Investors by 257.0% in the third 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 in the last quarter. JPMorgan Chase & Co. increased its position in shares of American Realty Investors by 112.0% during the third quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock worth $49,000 after purchasing an additional 1,478 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in American Realty Investors by 1,262.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock valued at $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.