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

StockNews.com assumed coverage on shares of American Realty Investors (NYSE:ARL) in a research report sent to investors on Friday morning. The brokerage issued a hold rating on the financial services provider’s stock.

American Realty Investors Stock Performance

NYSE ARL opened at $14.20 on Friday. The company has a quick ratio of 33.02, a current ratio of 33.02 and a debt-to-equity ratio of 0.22. The stock’s 50-day moving average is $13.68 and its 200-day moving average is $17.30. American Realty Investors has a one year low of $11.69 and a one year high of $25.96.

American Realty Investors (NYSE:ARL) last announced its earnings results on Thursday, May 9th. The financial services provider reported $0.11 EPS for the quarter. The firm had revenue of $11.90 million for the quarter. American Realty Investors had a net margin of 5.41% and a return on equity of 0.34%.

Hedge Funds Weigh In On American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. BNP Paribas Financial Markets grew its position in American Realty Investors, Inc. (NYSE:ARL) by 425.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,448 shares of the financial services provider’s stock after purchasing an additional 2,792 shares during the period. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $62,000 at the end of the most recent 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.