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

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

American Realty Investors Stock Performance

NYSE ARL opened at $13.83 on Thursday. The company has a 50 day moving average of $18.17 and a 200-day moving average of $17.49. The company has a quick ratio of 28.29, a current ratio of 28.29 and a debt-to-equity ratio of 0.22. 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 released its quarterly earnings results on Thursday, March 21st. The financial services provider reported ($0.13) EPS for the quarter. American Realty Investors had a net margin of 7.86% and a return on equity of 0.49%. The company had revenue of $14.05 million for the quarter.

Institutional Investors Weigh In On American Realty Investors

An institutional investor recently raised its position in American Realty Investors stock. Russell Investments Group Ltd. raised its holdings in American Realty Investors, Inc. (NYSE:ARL) by 227.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,399 shares of the financial services provider’s stock after buying an additional 12,778 shares during the period. Russell Investments Group Ltd.’s holdings in American Realty Investors were worth $320,000 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.