American Realty Investors (NYSE:ARL) Research Coverage Started at StockNews.com

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

American Realty Investors Trading Up 0.2 %

ARL stock opened at $13.86 on Thursday. The stock has a 50-day simple moving average of $18.01 and a two-hundred day simple moving average of $17.46. American Realty Investors has a twelve month low of $11.69 and a twelve month high of $25.96. The company has a quick ratio of 28.29, a current ratio of 28.29 and a debt-to-equity ratio of 0.22.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Realty Investors stock. Russell Investments Group Ltd. raised its stake in shares of American Realty Investors, Inc. (NYSE:ARL) by 227.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,399 shares of the financial services provider’s stock after purchasing an additional 12,778 shares during the quarter. Russell Investments Group Ltd.’s holdings in American Realty Investors were worth $320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.