Shares of American Realty Investors, Inc. (NYSE:ARL - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $13.94 and traded as high as $14.74. American Realty Investors shares last traded at $14.89, with a volume of 5,931 shares traded.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen started coverage on shares of American Realty Investors in a research report on Thursday, May 15th. They issued a "hold" rating for the company.
Check Out Our Latest Stock Analysis on ARL
American Realty Investors Price Performance
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 fifty day moving average price of $12.55 and a two-hundred day moving average price of $13.97. The company has a market cap of $241.96 million, a P/E ratio of -14.54 and a beta of 0.66.
American Realty Investors (NYSE:ARL - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The financial services provider reported ($0.01) EPS for 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 large investors have recently made changes to their positions in ARL. Northern Trust Corp raised its position in American Realty Investors by 20.4% during 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 in the last quarter. Geode Capital Management LLC increased its stake in shares of American Realty Investors by 6.2% during the 4th quarter. Geode Capital Management LLC now owns 34,629 shares of the financial services provider's stock worth $508,000 after purchasing an additional 2,028 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of 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 purchasing an additional 1,478 shares during the period. Wealth Alliance Advisory Group LLC lifted its stake in American Realty Investors by 10.0% in the 1st quarter. Wealth Alliance Advisory Group LLC now owns 165,000 shares of the financial services provider's stock valued at $1,807,000 after purchasing an additional 15,000 shares during the last quarter. Finally, Invesco Ltd. acquired a new stake in American Realty Investors in the 1st quarter valued at about $111,000.
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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