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

StockNews.com started coverage on shares of American Realty Investors (NYSE:ARL) in a research report sent to investors on Saturday. The firm issued a hold rating on the financial services provider’s stock.

American Realty Investors Stock Up 2.2 %

Shares of ARL opened at $17.00 on Friday. The firm has a 50 day simple moving average of $15.36 and a 200-day simple moving average of $15.86. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52. American Realty Investors has a 1-year low of $12.51 and a 1-year high of $25.96.

American Realty Investors (NYSE:ARL) last issued its quarterly earnings data on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share (EPS) for the quarter. The company had revenue of $11.61 million during the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%.

Hedge Funds Weigh In On American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Barclays PLC boosted its position in American Realty Investors, Inc. (NYSE:ARL) by 257.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,967 shares of the financial services provider’s stock after acquiring an additional 1,416 shares during the period. Barclays PLC’s holdings in American Realty Investors were worth $34,000 at the end of the most recent reporting period.

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.