American Realty Investors (NYSE:ARL) Now Covered by StockNews.com

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

American Realty Investors Price Performance

ARL opened at $13.85 on Thursday. American Realty Investors has a 52 week low of $11.69 and a 52 week high of $25.96. The business has a fifty day simple moving average of $17.87 and a 200-day simple moving average of $17.44. The company has a debt-to-equity ratio of 0.22, a quick ratio of 28.29 and a current ratio of 28.29.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings data on Thursday, March 21st. The financial services provider reported ($0.13) earnings per share (EPS) for the quarter. The company 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 Trading of American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Russell Investments Group Ltd. increased its stake in American Realty Investors, Inc. (NYSE:ARL) by 227.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,399 shares of the financial services provider’s stock after acquiring an additional 12,778 shares during the period. Russell Investments Group Ltd.’s holdings in American Realty Investors were worth $320,000 at the end of the most recent reporting period.

About American Realty Investors

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.