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

StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL) in a research note published on Friday. The brokerage issued a hold rating on the financial services provider’s stock.

American Realty Investors Price Performance

Shares of NYSE ARL opened at $13.60 on Friday. American Realty Investors has a 52 week low of $11.69 and a 52 week high of $25.96. The company’s 50-day moving average price is $16.88 and its 200 day moving average price is $17.44. The company has a debt-to-equity ratio of 0.22, a current ratio of 28.29 and a quick ratio of 28.29.

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

Institutional Investors Weigh In On American Realty Investors

An institutional investor recently raised its position in American Realty Investors stock. BNP Paribas Financial Markets grew its position in shares of American Realty Investors, Inc. (NYSE:ARL) by 425.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,448 shares of the financial services provider’s stock after purchasing an additional 2,792 shares during the period. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $62,000 at the end of the most recent quarter.

American Realty Investors Company Profile

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.