American Realty Investors (NYSE:ARL) Research Coverage Started at StockNews.com

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

American Realty Investors Trading Up 1.4 %

Shares of NYSE:ARL opened at $13.04 on Friday. The firm has a fifty day moving average of $14.83 and a two-hundred day moving average of $15.72. 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 has a 12-month low of $12.51 and a 12-month high of $22.77. The firm has a market capitalization of $210.54 million, a P/E ratio of -12.66 and a beta of 0.63.

Institutional Investors Weigh In On American Realty Investors

A number of hedge funds and other institutional investors have recently made changes to their positions in ARL. Barclays PLC increased its holdings in American Realty Investors by 257.0% in the third quarter. Barclays PLC now owns 1,967 shares of the financial services provider’s stock worth $34,000 after buying an additional 1,416 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of American Realty Investors by 112.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 1,478 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of American Realty Investors by 1,262.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider’s stock valued at $85,000 after purchasing an additional 4,507 shares during the last quarter. Northern Trust Corp boosted its holdings in American Realty Investors by 20.4% in the fourth quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock worth $362,000 after purchasing an additional 4,180 shares in the last quarter. Finally, PFG Investments LLC acquired a new position in American Realty Investors during the fourth quarter worth $396,000.

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.