American Realty Investors (NYSE:ARL) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of American Realty Investors (NYSE:ARL) in a research report sent to investors on Monday. The firm issued a hold rating on the financial services provider’s stock.

American Realty Investors Stock Up 2.2 %

ARL opened at $14.16 on Monday. The stock’s fifty day simple moving average is $14.62 and its 200 day simple moving average is $15.66. American Realty Investors has a 1-year low of $12.51 and a 1-year high of $22.77. The stock has a market cap of $228.71 million, a PE ratio of -13.75 and a beta of 0.63. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23.

Institutional Trading of American Realty Investors

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Barclays PLC raised its holdings in American Realty Investors by 257.0% in the 3rd 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 during the period. JPMorgan Chase & Co. grew 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 valued at $49,000 after purchasing an additional 1,478 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of American Realty Investors by 6.2% during the fourth quarter. Geode Capital Management LLC now owns 34,629 shares of the financial services provider’s stock worth $508,000 after purchasing an additional 2,028 shares during the period. Northern Trust Corp lifted its holdings in American Realty Investors by 20.4% during the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock worth $362,000 after purchasing an additional 4,180 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in American Realty Investors by 1,262.5% in the 3rd 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 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.