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

Research analysts at StockNews.com initiated coverage on shares of American Realty Investors (NYSE:ARL) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the financial services provider’s stock.

American Realty Investors Trading Down 0.6 %

American Realty Investors stock opened at $14.20 on Tuesday. The business’s 50 day simple moving average is $15.80 and its 200 day simple moving average is $15.51. American Realty Investors has a 12 month low of $12.51 and a 12 month high of $25.96. 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 issued its quarterly earnings results 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 firm had revenue of $11.61 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Realty Investors stock. BNP Paribas Financial Markets boosted its holdings in American Realty Investors, Inc. (NYSE:ARL) by 425.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 reporting period.

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.