Research 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 brokerage set a "hold" rating on the financial services provider's stock.
American Realty Investors Price Performance
ARL stock traded up $0.04 during midday trading on Monday, reaching $12.32. The company had a trading volume of 5,987 shares, compared to its average volume of 8,258. The firm has a 50-day moving average price of $12.78 and a 200-day moving average price of $14.29. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52. The company has a market capitalization of $198.99 million, a P/E ratio of -11.96 and a beta of 0.48. American Realty Investors has a 1 year low of $9.43 and a 1 year high of $22.77.
American Realty Investors (NYSE:ARL - Get Free Report) last released its earnings results on Thursday, March 20th. The financial services provider reported ($0.01) EPS 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 $12.04 million during the quarter.
Institutional Trading of American Realty Investors
Hedge funds and other institutional investors have recently bought and sold shares of the company. Barclays PLC lifted its holdings in shares of American Realty Investors by 257.0% in the 3rd quarter. Barclays PLC now owns 1,967 shares of the financial services provider's stock worth $34,000 after acquiring an additional 1,416 shares during the last quarter. PFG Investments LLC bought a new stake in American Realty Investors in the fourth quarter worth $396,000. JPMorgan Chase & Co. boosted its position in 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 buying an additional 1,478 shares during the period. Wealth Alliance Advisory Group LLC boosted its position in American Realty Investors by 10.0% during the first quarter. Wealth Alliance Advisory Group LLC now owns 165,000 shares of the financial services provider's stock valued at $1,807,000 after buying an additional 15,000 shares during the period. Finally, Northern Trust Corp grew its stake in shares of American Realty Investors by 20.4% during the fourth quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider's stock valued at $362,000 after buying an additional 4,180 shares during 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.
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