American Realty Investors (NYSE:ARL) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of American Realty Investors (NYSE:ARL) in a research note released on Friday. The brokerage issued a hold rating on the financial services provider’s stock.

American Realty Investors Stock Performance

ARL opened at $14.52 on Friday. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23. The firm has a market cap of $234.50 million, a PE ratio of -14.10 and a beta of 0.65. The business has a fifty day simple moving average of $15.53 and a 200-day simple moving average of $16.09. American Realty Investors has a fifty-two week low of $12.51 and a fifty-two week high of $23.44.

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

Institutional Investors Weigh In On American Realty Investors

A number of large investors have recently made changes to their positions in ARL. Barclays PLC grew its position in 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 purchasing an additional 1,416 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of American Realty Investors by 1,262.5% in the third 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 in the last quarter. PFG Investments LLC acquired a new stake in shares of American Realty Investors in the fourth quarter worth $396,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of 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 valued at $49,000 after buying an additional 1,478 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.