Investment analysts at StockNews.com initiated coverage on shares of American Realty Investors (NYSE:ARL - Get Free Report) in a report released on Wednesday. The firm set a "hold" rating on the financial services provider's stock.
American Realty Investors Stock Up 3.6 %
American Realty Investors stock opened at $14.48 on Wednesday. The firm has a market cap of $233.88 million, a PE ratio of -14.06 and a beta of 0.56. 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 firm's 50 day moving average price is $14.46 and its two-hundred day moving average price is $15.48. American Realty Investors has a twelve month low of $12.51 and a twelve month high of $22.77.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in ARL. BNP Paribas Financial Markets grew its position in American Realty Investors by 1,262.5% in 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 in the last quarter. Barclays PLC grew its position 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 worth $34,000 after acquiring an additional 1,416 shares in the last quarter. JPMorgan Chase & Co. grew its position 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 acquiring an additional 1,478 shares in the last quarter. PFG Investments LLC bought a new stake in American Realty Investors in the fourth quarter worth approximately $396,000. Finally, Geode Capital Management LLC grew its position in American Realty Investors by 6.2% in the fourth quarter. Geode Capital Management LLC now owns 34,629 shares of the financial services provider's stock worth $508,000 after acquiring an additional 2,028 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.
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