American Realty Investors (NYSE:ARL) Earns Hold Rating from Analysts at StockNews.com

Analysts at StockNews.com initiated coverage on shares of American Realty Investors (NYSE:ARL - Get Free Report) in a research report issued to clients and investors on Sunday. The brokerage set a "hold" rating on the financial services provider's stock.

American Realty Investors Price Performance

ARL traded up $0.33 during trading on Friday, reaching $13.39. 3,795 shares of the company were exchanged, compared to its average volume of 4,783. American Realty Investors has a 12-month low of $12.51 and a 12-month high of $22.77. The company's 50-day moving average is $14.83 and its two-hundred day moving average is $15.72. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23. The company has a market cap of $216.17 million, a price-to-earnings ratio of -13.00 and a beta of 0.63.

Hedge Funds Weigh In On American Realty Investors

Large investors have recently modified their holdings of the company. Geode Capital Management LLC lifted its stake in American Realty Investors by 6.2% in the 4th quarter. Geode Capital Management LLC now owns 34,629 shares of the financial services provider's stock worth $508,000 after purchasing an additional 2,028 shares in the last quarter. PFG Investments LLC bought a new position in shares of American Realty Investors in the fourth quarter worth $396,000. Northern Trust Corp raised its position in shares of American Realty Investors by 20.4% in the fourth quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider's stock worth $362,000 after buying an additional 4,180 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of American Realty Investors by 100.3% in the fourth quarter. JPMorgan Chase & Co. now owns 5,603 shares of the financial services provider's stock worth $82,000 after buying an additional 2,805 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted 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 valued at $85,000 after buying an additional 4,507 shares during the period.

American Realty Investors Company Profile

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.