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

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

American Realty Investors Stock Down 5.5 %

NYSE:ARL traded down $0.78 during mid-day trading on Tuesday, hitting $13.42. The stock had a trading volume of 76,385 shares, compared to its average volume of 14,657. The stock has a 50-day simple moving average of $15.73 and a two-hundred day simple moving average of $15.50. American Realty Investors has a twelve month low of $12.51 and a twelve month high of $25.96. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23.

American Realty Investors (NYSE:ARL) last posted its quarterly earnings data on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share for the quarter. The firm 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

An institutional investor recently raised its position in American Realty Investors stock. Russell Investments Group Ltd. increased its stake in American Realty Investors, Inc. (NYSE:ARL) by 210.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,115 shares of the financial services provider’s stock after purchasing an additional 38,716 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.35% of American Realty Investors worth $1,024,000 as of its most recent filing with the Securities and Exchange Commission.

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.