PFG Investments LLC Takes Position in American Realty Investors, Inc. (NYSE:ARL)

PFG Investments LLC bought a new position in shares of American Realty Investors, Inc. (NYSE:ARL) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 27,000 shares of the financial services provider’s stock, valued at approximately $396,000. PFG Investments LLC owned 0.17% of American Realty Investors at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of ARL. Barclays PLC grew its position 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 valued at $34,000 after purchasing an additional 1,416 shares in the last quarter. JPMorgan Chase & Co. grew its position 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 buying an additional 1,478 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in 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 worth $85,000 after acquiring an additional 4,507 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on American Realty Investors in a research report on Friday. They set a “hold” rating for the company.

American Realty Investors Price Performance

ARL stock opened at $14.43 on Friday. The firm has a 50 day simple moving average of $15.55 and a two-hundred day simple moving average of $16.12. The stock has a market cap of $232.98 million, a PE ratio of -14.01 and a beta of 0.65. American Realty Investors, Inc. has a one year low of $12.51 and a one year high of $23.44. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52.

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