American Realty Investors (NYSE:ARL) Earns Hold Rating from Analysts at StockNews.com

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

American Realty Investors Trading Down 1.4 %

ARL opened at $14.00 on Friday. American Realty Investors has a twelve month low of $11.69 and a twelve month high of $25.96. The company has a 50-day simple moving average of $13.67 and a 200 day simple moving average of $17.30. The company has a quick ratio of 33.02, a current ratio of 33.02 and a debt-to-equity ratio of 0.22.

American Realty Investors (NYSE:ARL) last posted its quarterly earnings data on Thursday, May 9th. The financial services provider reported $0.11 earnings per share for the quarter. American Realty Investors had a net margin of 5.41% and a return on equity of 0.34%. The business had revenue of $11.90 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Realty Investors stock. BNP Paribas Financial Markets raised its stake in American Realty Investors, Inc. (NYSE:ARL) by 425.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,448 shares of the financial services provider’s stock after acquiring an additional 2,792 shares during the quarter. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $62,000 as of its most recent SEC filing.

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.