StockNews.com Initiates Coverage on American Realty Investors (NYSE:ARL)

Equities researchers at StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL) in a note issued to investors on Sunday. The firm set a “hold” rating on the financial services provider’s stock.

American Realty Investors Stock Up 3.9 %

Shares of ARL opened at $15.59 on Friday. 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 52-week low of $12.51 and a 52-week high of $25.96. The stock has a fifty day simple moving average of $15.30 and a two-hundred day simple moving average of $15.92. The company has a market capitalization of $251.81 million, a PE ratio of -15.14 and a beta of 0.66.

American Realty Investors (NYSE:ARL) last issued its quarterly earnings data on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share for the quarter. The business had revenue of $11.61 million during the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%.

Institutional Trading of American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. BNP Paribas Financial Markets grew 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 and Exchange Commission. The institutional investor owned 4,864 shares of the financial services provider’s stock after buying 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 filing with the Securities and Exchange Commission.

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.