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

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

American Realty Investors Stock Performance

American Realty Investors stock opened at $16.25 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 8.52 and a current ratio of 8.52. The business has a 50 day simple moving average of $15.33 and a 200-day simple moving average of $15.62. American Realty Investors has a 12 month low of $12.51 and a 12 month high of $25.96.

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

Hedge Funds Weigh In On American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Barclays PLC increased its stake in American Realty Investors, Inc. (NYSE:ARL) by 257.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,967 shares of the financial services provider’s stock after purchasing an additional 1,416 shares during the quarter. Barclays PLC’s holdings in American Realty Investors were worth $34,000 at the end of the most recent quarter.

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.