JPMorgan Chase & Co. Raises Stake in American Realty Investors, Inc. (NYSE:ARL)

JPMorgan Chase & Co. grew its holdings in American Realty Investors, Inc. (NYSE:ARL) by 100.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,603 shares of the financial services provider’s stock after buying an additional 2,805 shares during the period. JPMorgan Chase & Co.’s holdings in American Realty Investors were worth $82,000 at the end of the most recent reporting period.

Separately, Barclays PLC boosted its holdings 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 valued at $34,000 after acquiring an additional 1,416 shares in the last quarter.

American Realty Investors Stock Down 0.6 %

American Realty Investors stock opened at $12.06 on Wednesday. The stock’s 50 day moving average price is $12.46 and its 200 day moving average price is $14.06. American Realty Investors, Inc. has a 1-year low of $9.43 and a 1-year high of $22.77. The company has a market cap of $194.79 million, a PE ratio of -11.71 and a beta of 0.66. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52.

American Realty Investors (NYSE:ARL) last released its earnings results on Thursday, March 20th. The financial services provider reported ($0.01) EPS for the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%. The business had revenue of $12.04 million during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of American Realty Investors in a report on Wednesday. They set a “hold” rating for the company.

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.