American Realty Investors (NYSE:ARL) Posts Earnings Results

American Realty Investors (NYSE:ARL) posted its quarterly earnings data on Thursday. The financial services provider reported $0.01 EPS for the quarter, Zacks reports. American Realty Investors had a negative return on equity of 1.86% and a negative net margin of 24.74%.The company had revenue of $12.84 million for the quarter.

American Realty Investors Trading Down 2.6%

Shares of American Realty Investors stock traded down $0.44 on Friday, hitting $16.15. 778 shares of the company’s stock traded hands, compared to its average volume of 3,982. American Realty Investors has a one year low of $9.43 and a one year high of $18.00. The company has a debt-to-equity ratio of 0.27, a current ratio of 6.31 and a quick ratio of 6.31. The company has a fifty day moving average of $16.05 and a two-hundred day moving average of $14.62. The company has a market capitalization of $260.77 million, a price-to-earnings ratio of -22.12 and a beta of 0.80.

Hedge Funds Weigh In On American Realty Investors

An institutional investor recently raised its position in American Realty Investors stock. Rhumbline Advisers lifted its stake in shares of American Realty Investors, Inc. (NYSE:ARL) by 44.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,825 shares of the financial services provider’s stock after purchasing an additional 876 shares during the quarter. Rhumbline Advisers’ holdings in American Realty Investors were worth $31,000 at the end of the most recent reporting period.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of American Realty Investors in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, American Realty Investors presently has an average rating of “Sell”.

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.