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

Investment analysts at StockNews.com assumed coverage on shares of American Realty Investors (NYSE:ARL) in a report released on Sunday. The brokerage set a “hold” rating on the financial services provider’s stock.

American Realty Investors Stock Performance

Shares of NYSE:ARL opened at $15.00 on Friday. The business’s 50 day moving average price is $15.30 and its 200-day moving average price is $15.89. American Realty Investors has a 1 year low of $12.51 and a 1 year 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 firm has a market capitalization of $242.28 million, a PE ratio of -14.56 and a beta of 0.66.

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. The business had revenue of $11.61 million for the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%.

Institutional Investors Weigh In On American Realty Investors

An institutional investor recently raised its position in American Realty Investors stock. Barclays PLC boosted its holdings in American Realty Investors, Inc. (NYSE:ARL) by 257.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,967 shares of the financial services provider’s stock after acquiring an additional 1,416 shares during the period. Barclays PLC’s holdings in American Realty Investors were worth $34,000 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.