StockNews.com began coverage on shares of American Realty Investors (NYSE:ARL - Get Free Report) in a note issued to investors on Thursday. The firm set a "hold" rating on the financial services provider's stock.
American Realty Investors Price Performance
American Realty Investors stock traded down $1.12 during midday trading on Thursday, reaching $12.79. 12,605 shares of the company were exchanged, compared to its average volume of 7,762. The firm's 50-day simple moving average is $14.30 and its 200-day simple moving average is $15.21. American Realty Investors has a 1 year low of $12.29 and a 1 year high of $22.77. The company has a market capitalization of $206.58 million, a price-to-earnings ratio of -12.42 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.
American Realty Investors (NYSE:ARL - Get Free Report) last issued its quarterly earnings results on Thursday, March 20th. The financial services provider reported ($0.01) EPS for the quarter. The firm had revenue of $12.04 million for the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%.
Institutional Investors Weigh In On American Realty Investors
A number of hedge funds and other institutional investors have recently made changes to their positions in ARL. Barclays PLC grew 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% in the 3rd 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. BNP Paribas Financial Markets grew its stake in shares of American Realty Investors by 1,262.5% during the 3rd 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. Northern Trust Corp increased its holdings in shares of American Realty Investors by 20.4% during the 4th 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 during the last quarter. Finally, PFG Investments LLC purchased a new position in shares of American Realty Investors in the 4th quarter worth $396,000.
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.
Read More
Before you consider American Realty Investors, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Realty Investors wasn't on the list.
While American Realty Investors currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
