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

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

American Realty Investors Price Performance

Shares of ARL stock opened at $14.45 on Friday. American Realty Investors has a twelve month low of $12.51 and a twelve month high of $23.44. The stock has a market cap of $233.29 million, a price-to-earnings ratio of -14.02 and a beta of 0.63. The business’s fifty day moving average is $15.31 and its 200 day moving average is $15.99. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. 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 purchasing an additional 1,416 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of American Realty Investors by 1,262.5% in the third 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. PFG Investments LLC bought a new position in shares of American Realty Investors in the fourth quarter worth about $396,000. Finally, JPMorgan Chase & Co. raised its stake 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 during the period.

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.