PFG Investments LLC acquired a new position in shares of American Realty Investors, Inc. (NYSE:ARL - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 27,000 shares of the financial services provider's stock, valued at approximately $396,000. PFG Investments LLC owned about 0.17% of American Realty Investors at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of ARL. Barclays PLC increased its holdings in American Realty Investors by 257.0% in 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 period. JPMorgan Chase & Co. boosted its holdings in shares of American Realty Investors by 112.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider's stock worth $49,000 after buying an additional 1,478 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of American Realty Investors by 1,262.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider's stock worth $85,000 after purchasing an additional 4,507 shares in the last quarter.
Analyst Upgrades and Downgrades
Separately, StockNews.com began coverage on American Realty Investors in a research report on Friday. They issued a "hold" rating for the company.
Check Out Our Latest Stock Report on ARL
American Realty Investors Price Performance
Shares of American Realty Investors stock traded up $0.54 during trading on Monday, hitting $14.60. 4,277 shares of the stock traded hands, compared to its average volume of 4,132. The firm's fifty day moving average is $15.53 and its 200-day moving average is $16.09. 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, Inc. has a 52 week low of $12.51 and a 52 week high of $23.44. The stock has a market cap of $235.79 million, a price-to-earnings ratio of -14.17 and a beta of 0.63.
American Realty Investors (NYSE:ARL - Get Free Report) last announced 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%.
American Realty Investors Company Profile
(
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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