American Realty Investors, Inc. (NYSE:ARL) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC grew its stake in American Realty Investors, Inc. (NYSE:ARL) by 6.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,629 shares of the financial services provider’s stock after acquiring an additional 2,028 shares during the quarter. Geode Capital Management LLC owned about 0.21% of American Realty Investors worth $508,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of ARL. Barclays PLC increased its stake in American Realty Investors by 257.0% during the third quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 1,416 shares during the last quarter. JPMorgan Chase & Co. boosted its position in American Realty Investors by 112.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock valued at $49,000 after buying an additional 1,478 shares during the last quarter. Finally, PFG Investments LLC acquired a new stake in American Realty Investors during the 4th quarter valued at approximately $396,000.

American Realty Investors Price Performance

ARL opened at $12.77 on Friday. The firm has a market cap of $206.26 million, a price-to-earnings ratio of -12.40 and a beta of 0.48. The company’s 50-day moving average price is $12.54 and its 200 day moving average price is $14.11. American Realty Investors, Inc. has a fifty-two week low of $9.43 and a fifty-two week high of $22.77. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23.

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

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of American Realty Investors in a research note on Tuesday. They issued a “hold” rating on the stock.

American Realty Investors 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.