American Realty Investors (NYSE:ARL) Now Covered by Analysts at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of American Realty Investors (NYSE:ARL) in a research report issued on Thursday. The brokerage set a “hold” rating on the financial services provider’s stock.

American Realty Investors Stock Performance

American Realty Investors stock opened at $13.85 on Thursday. The company has a 50 day moving average price of $17.87 and a 200 day moving average price of $17.44. American Realty Investors has a 52 week low of $11.69 and a 52 week high of $25.96. The company has a quick ratio of 28.29, a current ratio of 28.29 and a debt-to-equity ratio of 0.22.

American Realty Investors (NYSE:ARL) last posted its quarterly earnings data on Thursday, March 21st. The financial services provider reported ($0.13) EPS for the quarter. American Realty Investors had a return on equity of 0.49% and a net margin of 7.86%. The firm had revenue of $14.05 million during the quarter.

Hedge Funds Weigh In On American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Russell Investments Group Ltd. raised its stake in shares of American Realty Investors, Inc. (NYSE:ARL) by 227.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,399 shares of the financial services provider’s stock after buying an additional 12,778 shares during the period. Russell Investments Group Ltd.’s holdings in American Realty Investors were worth $320,000 as of its most recent SEC filing.

About American Realty Investors

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.