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

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

American Realty Investors Trading Down 3.4 %

Shares of NYSE ARL opened at $13.83 on Thursday. The business’s 50 day moving average price is $18.17 and its 200 day moving average price is $17.49. American Realty Investors has a 52 week low of $11.69 and a 52 week high of $25.96. The company has a current ratio of 28.29, a quick ratio of 28.29 and a debt-to-equity ratio of 0.22.

American Realty Investors (NYSE:ARL) last issued its earnings results on Thursday, March 21st. The financial services provider reported ($0.13) EPS for the quarter. The firm had revenue of $14.05 million during the quarter. American Realty Investors had a net margin of 7.86% and a return on equity of 0.49%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Realty Investors stock. Russell Investments Group Ltd. raised its stake in American Realty Investors, Inc. (NYSE:ARL) by 227.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,399 shares of the financial services provider’s stock after acquiring an additional 12,778 shares during the quarter. Russell Investments Group Ltd.’s holdings in American Realty Investors were worth $320,000 at the end of the most recent reporting period.

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.