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

StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL - Get Free Report) in a report issued on Wednesday. The firm set a "hold" rating on the financial services provider's stock.

American Realty Investors Trading Down 0.6 %

American Realty Investors stock opened at $12.06 on Wednesday. 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 52 week low of $9.43 and a 52 week high of $22.77. The stock has a 50-day moving average price of $12.46 and a 200 day moving average price of $14.06. The company has a market capitalization of $194.79 million, a price-to-earnings ratio of -11.71 and a beta of 0.66.

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. The company had revenue of $12.04 million for the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%.

Institutional Investors Weigh In On American Realty Investors

Several hedge funds have recently modified their holdings of ARL. Barclays PLC increased its stake in shares of American Realty Investors by 257.0% in the 3rd 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 in the last quarter. JPMorgan Chase & Co. increased its position 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 valued at $49,000 after buying an additional 1,478 shares in the last quarter. PFG Investments LLC purchased a new stake in shares of American Realty Investors in the fourth quarter valued at approximately $396,000. Geode Capital Management LLC raised 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 buying an additional 2,028 shares during the period. Finally, Northern Trust Corp lifted its position in shares of 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 buying an additional 4,180 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.

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