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

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

American Realty Investors Stock Performance

NYSE:ARL opened at $14.20 on Tuesday. American Realty Investors has a fifty-two week low of $12.51 and a fifty-two week high of $25.96. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52. The company has a 50 day simple moving average of $15.80 and a two-hundred day simple moving average of $15.51.

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

Institutional Investors Weigh In On American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Russell Investments Group Ltd. grew its holdings in shares of American Realty Investors, Inc. (NYSE:ARL) by 210.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,115 shares of the financial services provider’s stock after buying an additional 38,716 shares during the quarter. Russell Investments Group Ltd. owned 0.35% of American Realty Investors worth $1,024,000 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.