StockNews.com Begins Coverage on American Realty Investors (NYSE:ARL)

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

American Realty Investors Stock Down 1.5 %

NYSE ARL opened at $14.00 on Wednesday. The business has a fifty day moving average price of $15.34 and a 200 day moving average price of $16.07. The company has a debt-to-equity ratio of 0.23, a quick ratio of 8.52 and a current ratio of 8.52. The company has a market cap of $226.13 million, a P/E ratio of -13.59 and a beta of 0.65. American Realty Investors has a one year low of $12.51 and a one year high of $25.96.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ARL. Barclays PLC increased its holdings 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 purchasing an additional 1,416 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in American Realty Investors by 112.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock valued at $49,000 after buying an additional 1,478 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings 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 buying an additional 4,507 shares in the last 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.