Investment analysts at StockNews.com began coverage on shares of American Realty Investors (NYSE:ARL - Get Free Report) in a research report issued on Monday. The firm set a "hold" rating on the financial services provider's stock.
American Realty Investors Stock Up 0.0 %
Shares of ARL traded up $0.01 during mid-day trading on Monday, hitting $12.38. 249 shares of the company's stock were exchanged, compared to its average volume of 8,210. The stock has a market cap of $199.88 million, a price-to-earnings ratio of -12.01 and a beta of 0.48. The firm has a fifty day moving average of $12.75 and a two-hundred day moving average of $14.26. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23. American Realty Investors has a twelve month low of $9.43 and a twelve month high of $22.77.
American Realty Investors (NYSE:ARL - Get Free Report) last posted its earnings results on Thursday, March 20th. The financial services provider reported ($0.01) EPS for the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%. The business had revenue of $12.04 million for the quarter.
Institutional Investors Weigh In On American Realty Investors
A number of large investors have recently added to or reduced their stakes in the stock. Barclays PLC lifted its stake 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 worth $34,000 after buying an additional 1,416 shares during the last quarter. JPMorgan Chase & Co. increased its stake 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 worth $49,000 after purchasing an additional 1,478 shares during the period. Northern Trust Corp boosted its stake in American Realty Investors by 20.4% during the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider's stock valued at $362,000 after purchasing an additional 4,180 shares during the period. PFG Investments LLC bought a new stake in American Realty Investors during the 4th quarter valued at approximately $396,000. Finally, Geode Capital Management LLC grew its holdings in American Realty Investors by 6.2% in the 4th quarter. Geode Capital Management LLC now owns 34,629 shares of the financial services provider's stock valued at $508,000 after buying an additional 2,028 shares during the last quarter.
About American Realty Investors
(
Get Free Report)
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.
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