Stock analysts at StockNews.com began coverage on shares of American Realty Investors (NYSE:ARL - Get Free Report) in a research report issued on Monday. The firm set a "hold" rating on the financial services provider's stock.
American Realty Investors Stock Down 0.7 %
Shares of NYSE:ARL traded down $0.10 during trading on Monday, hitting $14.67. The company's stock had a trading volume of 1,396 shares, compared to its average volume of 7,608. The company has a market capitalization of $236.95 million, a PE ratio of -14.24 and a beta of 0.66. American Realty Investors has a fifty-two week low of $12.51 and a fifty-two week high of $25.96. 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 stock's 50-day moving average price is $15.31 and its two-hundred day moving average price is $15.97.
American Realty Investors (NYSE:ARL - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $11.61 million for the quarter.
Institutional Investors Weigh In On American Realty Investors
Institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets raised its stake in American Realty Investors by 1,262.5% during the third quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider's stock worth $85,000 after acquiring an additional 4,507 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of American Realty Investors by 112.0% during the third 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 during the last quarter. Finally, Barclays PLC grew its holdings in shares of American Realty Investors by 257.0% during the third quarter. Barclays PLC now owns 1,967 shares of the financial services provider's stock valued at $34,000 after purchasing an additional 1,416 shares during the last quarter.
About American Realty Investors
(
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.
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