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

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

American Realty Investors Stock Down 0.4 %

American Realty Investors stock opened at $13.15 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 8.52 and a current ratio of 8.52. The firm has a 50 day moving average price of $12.35 and a 200 day moving average price of $14.03. American Realty Investors has a fifty-two week low of $9.43 and a fifty-two week high of $22.77. The company has a market capitalization of $212.40 million, a PE ratio of -12.77 and a beta of 0.66.

American Realty Investors (NYSE:ARL) last posted its earnings results on Thursday, May 8th. The financial services provider reported ($0.01) 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%.

Institutional Investors Weigh In On American Realty Investors

A number of hedge funds have recently added to or reduced their stakes in the business. Wealth Alliance Advisory Group LLC increased its position in shares of American Realty Investors by 10.0% during the first quarter. Wealth Alliance Advisory Group LLC now owns 165,000 shares of the financial services provider’s stock worth $1,807,000 after acquiring an additional 15,000 shares during the period. PFG Investments LLC boosted its stake in shares of American Realty Investors by 38.1% in the 1st quarter. PFG Investments LLC now owns 37,300 shares of the financial services provider’s stock valued at $408,000 after buying an additional 10,300 shares during the period. Geode Capital Management LLC grew its position 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 buying an additional 2,028 shares in the last quarter. Northern Trust Corp increased its stake in shares of 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 worth $362,000 after buying an additional 4,180 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in American Realty Investors by 100.3% in the fourth quarter. JPMorgan Chase & Co. now owns 5,603 shares of the financial services provider’s stock worth $82,000 after acquiring an additional 2,805 shares during the last quarter.

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.