Investment analysts at StockNews.com assumed coverage on shares of American Realty Investors (NYSE:ARL - Get Free Report) in a research note issued on Tuesday. The brokerage set a "hold" rating on the financial services provider's stock.
American Realty Investors Stock Down 2.4 %
ARL opened at $15.03 on Tuesday. The company has a 50 day moving average of $14.57 and a 200 day moving average of $15.60. The company has a market cap of $242.68 million, a PE ratio of -14.59 and a beta of 0.63. American Realty Investors has a 12 month low of $12.51 and a 12 month high of $22.77. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23.
Institutional Trading of American Realty Investors
Institutional investors and hedge funds have recently bought and sold shares of the company. Barclays PLC lifted its stake in 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 purchasing an additional 1,416 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in 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 worth $49,000 after purchasing an additional 1,478 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in 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. Northern Trust Corp lifted its stake in American Realty Investors by 20.4% in the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider's stock worth $362,000 after purchasing an additional 4,180 shares in the last quarter. Finally, PFG Investments LLC purchased a new stake in American Realty Investors in the 4th quarter worth approximately $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.
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