Research analysts at StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL - Get Free Report) in a report released on Friday. The brokerage set a "hold" rating on the financial services provider's stock.
American Realty Investors Price Performance
Shares of ARL traded down $0.23 during midday trading on Friday, hitting $10.99. 6,278 shares of the company traded hands, compared to its average volume of 8,209. American Realty Investors has a one year low of $10.25 and a one year high of $22.77. The firm has a market cap of $177.51 million, a P/E ratio of -10.67 and a beta of 0.56. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52. The stock has a 50-day moving average of $13.91 and a 200-day moving average of $14.97.
American Realty Investors (NYSE:ARL - Get Free Report) last posted its earnings results on Thursday, March 20th. The financial services provider reported ($0.01) earnings per share for the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%. The firm had revenue of $12.04 million for the quarter.
Institutional Trading of American Realty Investors
A number of large investors have recently modified their holdings of the business. Barclays PLC raised its position in shares of American Realty Investors by 257.0% during the 3rd quarter. Barclays PLC now owns 1,967 shares of the financial services provider's stock valued at $34,000 after buying an additional 1,416 shares in the last quarter. BNP Paribas Financial Markets lifted 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 worth $85,000 after purchasing an additional 4,507 shares during the last quarter. PFG Investments LLC purchased a new position in shares of American Realty Investors in the 4th quarter worth about $396,000. 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 worth $49,000 after purchasing an additional 1,478 shares in the last quarter. Finally, Northern Trust Corp increased its position 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 valued at $362,000 after purchasing an additional 4,180 shares during the last quarter.
About American Realty Investors
(
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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