American Realty Investors (NYSE:ARL) Coverage Initiated by Analysts at StockNews.com

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

American Realty Investors Trading Up 1.6 %

Shares of ARL stock opened at $16.32 on Thursday. 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 50 day moving average price of $15.39 and a 200 day moving average price of $15.58. American Realty Investors has a fifty-two week low of $12.51 and a fifty-two week high of $25.96.

American Realty Investors (NYSE:ARL) last issued its quarterly earnings results on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share (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 $11.61 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in American Realty Investors stock. BNP Paribas Financial Markets raised its position in American Realty Investors, Inc. (NYSE:ARL) by 1,262.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,864 shares of the financial services provider’s stock after acquiring an additional 4,507 shares during the quarter. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $85,000 as of its most recent SEC filing.

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.