StockNews.com Initiates Coverage on American Realty Investors (NYSE:ARL)

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

American Realty Investors Trading Up 3.2 %

NYSE ARL opened at $13.04 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 33.02 and a quick ratio of 33.02. The firm has a 50 day simple moving average of $13.69 and a 200-day simple moving average of $17.31. 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 released its earnings results on Thursday, May 9th. The financial services provider reported $0.11 earnings per share for the quarter. American Realty Investors had a net margin of 5.41% and a return on equity of 0.34%. The firm had revenue of $11.90 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Realty Investors stock. BNP Paribas Financial Markets increased its stake in shares of 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 (SEC). The institutional investor owned 3,448 shares of the financial services provider’s stock after acquiring 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 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.