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

StockNews.com assumed coverage on shares of American Realty Investors (NYSE:ARL) in a report published on Friday morning. The firm issued a hold rating on the financial services provider’s stock.

American Realty Investors Stock Down 1.2 %

ARL opened at $13.61 on Friday. American Realty Investors has a one year low of $11.69 and a one year high of $25.96. The business’s fifty day moving average is $17.01 and its two-hundred day moving average is $17.40. The company has a current ratio of 28.29, a quick ratio of 28.29 and a debt-to-equity ratio of 0.22.

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

Institutional Trading of American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Russell Investments Group Ltd. grew its position in shares of American Realty Investors, Inc. (NYSE:ARL) by 227.3% during the 4th quarter, according to its most recent filing 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 period. Russell Investments Group Ltd.’s holdings in American Realty Investors were worth $320,000 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.