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

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

American Realty Investors Stock Performance

Shares of American Realty Investors stock opened at $13.84 on Thursday. The stock has a market cap of $223.54 million, a PE ratio of -13.44 and a beta of 0.56. The business has a fifty day simple moving average of $14.33 and a 200-day simple moving average of $15.28. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23. American Realty Investors has a 12 month low of $12.51 and a 12 month high of $22.77.

Institutional Trading of American Realty Investors

Hedge funds and other institutional investors have recently modified their holdings of the business. Barclays PLC boosted its position in shares of American Realty Investors by 257.0% in the third quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock worth $34,000 after buying an additional 1,416 shares during the period. JPMorgan Chase & Co. boosted its position 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. BNP Paribas Financial Markets boosted its position in American Realty Investors by 1,262.5% during the third quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock valued at $85,000 after purchasing an additional 4,507 shares during the last quarter. Northern Trust Corp boosted its position in American Realty Investors by 20.4% during the fourth quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock valued at $362,000 after purchasing an additional 4,180 shares during the last quarter. Finally, PFG Investments LLC acquired a new stake in American Realty Investors during the fourth quarter valued at $396,000.

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.