Equities researchers at StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL - Get Free Report) in a research report issued on Tuesday. The brokerage set a "hold" rating on the financial services provider's stock.
American Realty Investors Trading Down 7.0 %
Shares of American Realty Investors stock traded down $1.08 on Tuesday, hitting $14.42. 7,636 shares of the company traded hands, compared to its average volume of 3,559. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23. The company has a market cap of $232.91 million, a PE ratio of -14.00 and a beta of 0.65. The stock's 50 day moving average price is $15.37 and its 200-day moving average price is $16.05. American Realty Investors has a 52 week low of $12.51 and a 52 week high of $25.96.
American Realty Investors (NYSE:ARL - Get Free Report) last issued its earnings results on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share for the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%. The firm had revenue of $11.61 million for the quarter.
Institutional Investors Weigh In On American Realty Investors
Several large investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its holdings in American Realty Investors by 112.0% in the third quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider's stock worth $49,000 after purchasing an additional 1,478 shares during the last quarter. Barclays PLC grew its stake in American Realty Investors by 257.0% during the 3rd 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. Finally, BNP Paribas Financial Markets increased its position in American Realty Investors by 1,262.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider's stock valued at $85,000 after buying an additional 4,507 shares in the last quarter.
American Realty Investors Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider American Realty Investors, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Realty Investors wasn't on the list.
While American Realty Investors currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.