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 Friday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Separately, TheStreet lowered American Realty Investors from a b- rating to a c+ rating in a research report on Thursday, September 21st.

American Realty Investors Stock Performance

Shares of American Realty Investors stock opened at $14.78 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 9.23 and a quick ratio of 9.23. The business has a fifty day simple moving average of $14.23 and a two-hundred day simple moving average of $17.61. American Realty Investors has a 12 month low of $11.69 and a 12 month high of $31.59.

Hedge Funds Weigh In On American Realty Investors

Several large investors have recently modified their holdings of the stock. Northern Trust Corp raised its position in shares of American Realty Investors by 6.1% in the 3rd quarter. Northern Trust Corp now owns 15,565 shares of the financial services provider’s stock worth $228,000 after purchasing an additional 891 shares during the last quarter. Deutsche Bank AG increased its holdings in American Realty Investors by 164.6% in the 3rd quarter. Deutsche Bank AG now owns 1,855 shares of the financial services provider’s stock worth $27,000 after buying an additional 1,154 shares in the last quarter. State Street Corp increased its holdings in American Realty Investors by 6.8% in the 2nd quarter. State Street Corp now owns 20,475 shares of the financial services provider’s stock worth $446,000 after buying an additional 1,300 shares in the last quarter. Bank of America Corp DE increased its holdings in American Realty Investors by 80.0% in the 4th quarter. Bank of America Corp DE now owns 3,233 shares of the financial services provider’s stock worth $83,000 after buying an additional 1,437 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC increased its holdings in American Realty Investors by 50.3% in the 2nd quarter. BNP Paribas Arbitrage SNC now owns 6,011 shares of the financial services provider’s stock worth $131,000 after buying an additional 2,012 shares in the last quarter.

American Realty Investors Company Profile

American Realty Investors, Inc, together with its subsidiaries, acquires, develops, and owns multifamily apartment communities and commercial real estate properties in the southwestern, southeastern, and mid-western United States. The company leases apartment units to residents; and leases office, industrial, and retail space to various for-profit businesses, as well as local, state, and federal agencies; and sells land and properties.