American Realty Investors (NYSE:ARL) Stock Passes Below 200-Day Moving Average - Here's What Happened

Key Points

• American Realty Investors' stock price has dropped below its 200-day moving average of $13.57, currently trading around $13.15.
• The company reported a negative earnings per share of ($0.01) for the recent quarter, along with a negative net margin of 28.44%.
• Recent institutional activity includes JPMorgan Chase & Co. increasing its holdings by 100.3% in the 4th quarter, now owning 5,603 shares.

American Realty Investors, Inc. (NYSE:ARL - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $13.57 and traded as low as $12.95. American Realty Investors shares last traded at $13.15, with a volume of 1,549 shares trading hands.

Analysts Set New Price Targets

Separately, Wall Street Zen assumed coverage on shares of American Realty Investors in a research report on Thursday, May 15th. They issued a "hold" rating for the company.

American Realty Investors Stock Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 12.25 and a current ratio of 12.25. The stock's 50-day moving average is $14.15 and its 200 day moving average is $13.56. The firm has a market cap of $208.25 million, a P/E ratio of -15.35 and a beta of 0.71.

American Realty Investors (NYSE:ARL - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The financial services provider reported ($0.01) EPS for the quarter. American Realty Investors had a negative net margin of 28.44% and a negative return on equity of 2.06%.

Hedge Funds Weigh In On American Realty Investors

Large investors have recently added to or reduced their stakes in the company. Northern Trust Corp grew its holdings in shares of American Realty Investors by 20.4% in the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider's stock valued at $362,000 after acquiring an additional 4,180 shares in the last quarter. Geode Capital Management LLC lifted its stake 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 purchasing an additional 2,028 shares during the last quarter. 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. JPMorgan Chase & Co. lifted its stake in American Realty Investors by 100.3% in the 4th quarter. JPMorgan Chase & Co. now owns 5,603 shares of the financial services provider's stock valued at $82,000 after purchasing an additional 2,805 shares during the last quarter. Finally, PFG Investments LLC lifted its stake in American Realty Investors by 38.1% in the 1st quarter. PFG Investments LLC now owns 37,300 shares of the financial services provider's stock valued at $408,000 after purchasing an additional 10,300 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.