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

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

American Realty Investors Price Performance

Shares of NYSE ARL opened at $15.86 on Tuesday. The stock has a market cap of $256.17 million, a P/E ratio of -15.40 and a beta of 0.65. American Realty Investors has a twelve month low of $12.51 and a twelve month high of $25.96. The stock has a 50 day moving average of $15.36 and a two-hundred day moving average of $16.05. 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 released 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 business had revenue of $11.61 million during the quarter.

Institutional Trading of American Realty Investors

Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted 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 acquiring an additional 4,507 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in American Realty Investors by 112.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 1,478 shares in the last quarter. Finally, Barclays PLC boosted its holdings in American Realty Investors by 257.0% in the 3rd quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 1,416 shares in the last quarter.

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.