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

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

American Realty Investors Price Performance

Shares of NYSE:ARL opened at $14.77 on Monday. The company has a market capitalization of $238.57 million, a P/E ratio of -14.34 and a beta of 0.66. American Realty Investors has a 1-year low of $12.51 and a 1-year high of $25.96. The firm’s 50 day simple moving average is $15.31 and its two-hundred day simple moving average is $15.95. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52.

American Realty Investors (NYSE:ARL) last released 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 net margin of 33.78% and a negative return on equity of 2.05%. The firm had revenue of $11.61 million for the quarter.

Institutional Investors Weigh In On American Realty Investors

A number of institutional investors have recently added to or reduced their stakes in the stock. Barclays PLC boosted its holdings in shares of American Realty Investors by 257.0% during the 3rd quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 1,416 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of American Realty Investors by 112.0% in the third quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock worth $49,000 after buying an additional 1,478 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in American Realty Investors by 1,262.5% during the third quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock valued at $85,000 after buying an additional 4,507 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.