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

StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL - Free Report) in a research note issued to investors on Saturday morning. The brokerage issued a hold rating on the financial services provider's stock.

American Realty Investors Trading Up 9.5 %

ARL stock traded up $1.02 during trading on Friday, reaching $11.71. The company had a trading volume of 2,522 shares, compared to its average volume of 8,282. The business has a 50 day moving average of $13.19 and a 200 day moving average of $14.61. 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 company has a market cap of $189.14 million, a P/E ratio of -11.37 and a beta of 0.48. American Realty Investors has a 52 week low of $9.43 and a 52 week high of $22.77.

American Realty Investors (NYSE:ARL - Get Free Report) last released its earnings results on Thursday, March 20th. The financial services provider reported ($0.01) EPS for the quarter. The firm had revenue of $12.04 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 Investors Weigh In On American Realty Investors

Several hedge funds have recently bought and sold shares of the business. PFG Investments LLC bought a new stake in shares of American Realty Investors in the 4th quarter worth approximately $396,000. BNP Paribas Financial Markets boosted its holdings in American Realty Investors by 1,262.5% in the third quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider's stock worth $85,000 after acquiring an additional 4,507 shares in the last quarter. Northern Trust Corp grew its stake in shares of American Realty Investors by 20.4% in the fourth quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider's stock worth $362,000 after acquiring an additional 4,180 shares during the last quarter. JPMorgan Chase & Co. grew its stake 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 worth $82,000 after acquiring an additional 2,805 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of 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 valued at $508,000 after acquiring an additional 2,028 shares in 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.