StockNews.com Initiates Coverage on American Realty Investors (NYSE:ARL)

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

American Realty Investors Stock Down 5.3 %

Shares of NYSE ARL opened at $14.70 on Wednesday. The company has a quick ratio of 28.29, a current ratio of 28.29 and a debt-to-equity ratio of 0.22. The business has a 50-day moving average of $18.65 and a two-hundred day moving average of $17.45. American Realty Investors has a 1 year low of $11.69 and a 1 year high of $25.96.

American Realty Investors (NYSE:ARL) last posted its earnings results on Thursday, March 21st. The financial services provider reported ($0.13) EPS for the quarter. American Realty Investors had a return on equity of 0.49% and a net margin of 7.86%. The firm had revenue of $14.05 million for the quarter.

Hedge Funds Weigh In On American Realty Investors

Several institutional investors have recently added to or reduced their stakes in the stock. Deutsche Bank AG increased its position in American Realty Investors by 164.6% during the 3rd quarter. Deutsche Bank AG now owns 1,855 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 1,154 shares during the period. Barclays PLC lifted its stake in American Realty Investors by 626.8% in the 4th quarter. Barclays PLC now owns 2,064 shares of the financial services provider’s stock valued at $36,000 after buying an additional 1,780 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of American Realty Investors by 80.0% during the 4th quarter. Bank of America Corp DE now owns 3,233 shares of the financial services provider’s stock worth $83,000 after purchasing an additional 1,437 shares during the period. BNP Paribas Arbitrage SNC lifted its stake in shares of American Realty Investors by 460.9% during the 1st quarter. BNP Paribas Arbitrage SNC now owns 3,999 shares of the financial services provider’s stock worth $105,000 after purchasing an additional 3,286 shares during the period. Finally, Royal Bank of Canada lifted its stake in shares of American Realty Investors by 44.4% during the 2nd quarter. Royal Bank of Canada now owns 6,663 shares of the financial services provider’s stock worth $145,000 after purchasing an additional 2,049 shares during the 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.