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

Analysts at StockNews.com initiated coverage on shares of American Realty Investors (NYSE:ARL) in a research report issued on Wednesday. The firm set a “hold” rating on the financial services provider’s stock.

American Realty Investors Trading Down 3.1 %

Shares of ARL stock opened at $13.94 on Wednesday. The firm has a market capitalization of $225.15 million, a P/E ratio of -13.53 and a beta of 0.65. American Realty Investors has a 1 year low of $12.51 and a 1 year high of $25.96. The firm’s fifty day simple moving average is $15.32 and its 200 day simple moving average is $16.06. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings data on Thursday, November 7th. The financial services provider reported ($1.08) EPS for the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%. The company had revenue of $11.61 million for the quarter.

Institutional Investors Weigh In On American Realty Investors

A number of institutional investors have recently bought and sold shares of the business. Barclays PLC lifted its holdings in shares of American Realty Investors by 257.0% during the 3rd quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 1,416 shares during the period. JPMorgan Chase & Co. lifted its stake in American Realty Investors by 112.0% during the third quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock worth $49,000 after purchasing an additional 1,478 shares during the period. Finally, BNP Paribas Financial Markets grew its stake in shares of American Realty Investors by 1,262.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock valued at $85,000 after purchasing an additional 4,507 shares during the period.

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.