StockNews.com initiated coverage on shares of American Realty Investors (NYSE:ARL - Get Free Report) in a report released on Wednesday. The brokerage set a "hold" rating on the financial services provider's stock.
American Realty Investors Price Performance
American Realty Investors stock traded down $0.14 during trading hours on Wednesday, reaching $13.06. 2,129 shares of the stock were exchanged, compared to its average volume of 8,186. The stock has a 50 day moving average of $12.35 and a two-hundred day moving average of $14.02. American Realty Investors has a twelve month low of $9.43 and a twelve month high of $22.77. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23. The company has a market cap of $210.95 million, a P/E ratio of -12.97 and a beta of 0.66.
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) earnings per share for the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Barclays PLC lifted 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 during the period. JPMorgan Chase & Co. increased its stake 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 acquiring an additional 1,478 shares in the last quarter. Northern Trust Corp increased its stake 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. PFG Investments LLC bought a new stake in shares of American Realty Investors in the 4th quarter valued at $396,000. Finally, Geode Capital Management LLC increased its stake in shares of 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 acquiring an additional 2,028 shares in 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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