American Realty Investors (NYSE:ARL) Earns Hold Rating from Analysts at StockNews.com

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

American Realty Investors Price Performance

American Realty Investors stock opened at $11.85 on Friday. 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 company has a market capitalization of $191.35 million, a price-to-earnings ratio of -11.50 and a beta of 0.48. The company’s 50 day simple moving average is $13.08 and its 200-day simple moving average is $14.53. American Realty Investors has a 1 year low of $9.43 and a 1 year high of $22.77.

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

Hedge Funds Weigh In On American Realty Investors

Hedge funds and other institutional investors 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. Geode Capital Management LLC grew its stake in American Realty Investors by 6.2% during the 4th 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 in the last quarter. PFG Investments LLC purchased a new stake in American Realty Investors during the 4th quarter worth about $396,000. Northern Trust Corp raised its position in American Realty Investors by 20.4% in the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock valued at $362,000 after purchasing an additional 4,180 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of American Realty Investors by 100.3% in the 4th quarter. JPMorgan Chase & Co. now owns 5,603 shares of the financial services provider’s stock valued at $82,000 after buying an additional 2,805 shares during the 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.