American Realty Investors (NYSE:ARL) Coverage Initiated by Analysts at StockNews.com

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

American Realty Investors Trading Up 7.7 %

Shares of ARL opened at $14.01 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 33.02 and a quick ratio of 33.02. The firm has a fifty day simple moving average of $15.08 and a two-hundred day simple moving average of $17.52. American Realty Investors has a twelve month low of $11.69 and a twelve month high of $25.96.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings results on Thursday, March 21st. The financial services provider reported ($0.13) earnings per share for the quarter. The firm had revenue of $14.05 million for the quarter. American Realty Investors had a net margin of 5.41% and a return on equity of 0.34%.

Institutional Investors Weigh In On American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Russell Investments Group Ltd. lifted its stake in American Realty Investors, Inc. (NYSE:ARL) by 210.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,115 shares of the financial services provider’s stock after purchasing an additional 38,716 shares during the period. Russell Investments Group Ltd. owned 0.35% of American Realty Investors worth $1,024,000 as of its most recent SEC filing.

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.