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

StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL) in a research note published on Tuesday. The brokerage issued a hold rating on the financial services provider’s stock.

American Realty Investors Stock Down 7.0 %

ARL stock opened at $14.42 on Tuesday. The stock has a market capitalization of $232.91 million, a price-to-earnings ratio of -14.00 and a beta of 0.65. The company has a 50-day moving average of $15.37 and a two-hundred day moving average of $16.05. American Realty Investors has a 52-week low of $12.51 and a 52-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.

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

Institutional Trading of American Realty Investors

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

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.