American Realty Investors (NYSE:ARL) Now Covered by Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of American Realty Investors (NYSE:ARL) in a research report issued on Wednesday. The firm set a “hold” rating on the financial services provider’s stock.

American Realty Investors Stock Performance

Shares of ARL opened at $15.50 on Wednesday. American Realty Investors has a 12 month low of $11.69 and a 12 month high of $25.96. The company has a 50-day moving average price of $18.90 and a two-hundred day moving average price of $17.48. The company has a debt-to-equity ratio of 0.22, a quick ratio of 28.29 and a current ratio of 28.29.

American Realty Investors (NYSE:ARL) last posted its earnings results on Thursday, March 21st. The financial services provider reported ($0.13) earnings per share (EPS) for the quarter. American Realty Investors had a net margin of 7.86% and a return on equity of 0.49%. The firm had revenue of $14.05 million during the quarter.

Institutional Trading of American Realty Investors

A number of institutional investors have recently bought and sold shares of ARL. Northern Trust Corp bought a new position in shares of American Realty Investors during the second quarter worth $216,000. Renaissance Technologies LLC boosted its position in shares of American Realty Investors by 17.1% during the second quarter. Renaissance Technologies LLC now owns 25,399 shares of the financial services provider’s stock worth $360,000 after purchasing an additional 3,700 shares in the last quarter. State Street Corp bought a new position in shares of American Realty Investors during the second quarter worth $245,000. Bank of America Corp DE boosted its position in shares of American Realty Investors by 80.0% during the fourth quarter. Bank of America Corp DE now owns 3,233 shares of the financial services provider’s stock worth $83,000 after purchasing an additional 1,437 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC boosted its position in shares of American Realty Investors by 460.9% during the first quarter. BNP Paribas Arbitrage SNC now owns 3,999 shares of the financial services provider’s stock worth $105,000 after purchasing an additional 3,286 shares in the last quarter.

About American Realty Investors

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.