American Realty Investors (NYSE:ARL) Earns Hold Rating from Analysts at StockNews.com

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

American Realty Investors Price Performance

ARL stock opened at $14.68 on Monday. The firm has a 50 day simple moving average of $15.30 and a two-hundred day simple moving average of $15.97. 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 stock has a market cap of $237.11 million, a PE ratio of -14.25 and a beta of 0.66. American Realty Investors has a one year low of $12.51 and a one year high of $25.96.

American Realty Investors (NYSE:ARL) last issued its earnings results on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share (EPS) for the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%. The firm had revenue of $11.61 million during the quarter.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. BNP Paribas Financial Markets boosted its holdings in 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 valued at $85,000 after acquiring an additional 4,507 shares during the period. JPMorgan Chase & Co. lifted its position in 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 valued at $49,000 after purchasing an additional 1,478 shares during the last quarter. Finally, Barclays PLC boosted its stake 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 purchasing an additional 1,416 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.