American Realty Investors (NYSE:ARL) Research Coverage Started at StockNews.com

Equities researchers at StockNews.com began coverage on shares of American Realty Investors (NYSE:ARL) in a report released on Thursday. The firm set a “hold” rating on the financial services provider’s stock.

American Realty Investors Price Performance

Shares of NYSE:ARL opened at $12.80 on Thursday. American Realty Investors has a 52-week low of $11.69 and a 52-week high of $25.96. The company has a debt-to-equity ratio of 0.22, a quick ratio of 33.02 and a current ratio of 33.02. The business has a 50-day moving average price of $13.99 and a 200-day moving average price of $17.42.

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

Hedge Funds Weigh In On American Realty Investors

An institutional investor recently raised its position in American Realty Investors stock. BNP Paribas Financial Markets lifted its position in American Realty Investors, Inc. (NYSE:ARL) by 425.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,448 shares of the financial services provider’s stock after buying an additional 2,792 shares during the quarter. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $62,000 at the end of the most recent reporting period.

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.