American Realty Investors (NYSE:ARL) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of American Realty Investors (NYSE:ARL) in a research note released on Wednesday. The firm issued a hold rating on the financial services provider’s stock.

American Realty Investors Stock Up 3.9 %

ARL opened at $15.85 on Wednesday. American Realty Investors has a 1 year low of $12.51 and a 1 year high of $25.96. The stock’s 50 day simple moving average is $15.51 and its 200 day simple moving average is $15.52. The company has a debt-to-equity ratio of 0.23, a quick ratio of 8.52 and a current ratio of 8.52.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ARL. Barclays PLC raised its stake in American Realty Investors by 257.0% during the third quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock valued at $34,000 after buying an additional 1,416 shares during the last quarter. BNP Paribas Financial Markets raised its stake in American Realty Investors by 425.6% during the first quarter. BNP Paribas Financial Markets now owns 3,448 shares of the financial services provider’s stock valued at $62,000 after buying an additional 2,792 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in American Realty Investors by 210.4% during the first quarter. Russell Investments Group Ltd. now owns 57,115 shares of the financial services provider’s stock valued at $1,024,000 after buying an additional 38,716 shares during 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.