American Realty Investors (NYSE:ARL) Issues Quarterly Earnings Results

American Realty Investors (NYSE:ARL) announced its quarterly earnings data on Thursday. The financial services provider reported ($0.13) earnings per share (EPS) for the quarter, reports. The company had revenue of $14.05 million during the quarter. American Realty Investors had a negative return on equity of 0.76% and a net margin of 99.52%.

American Realty Investors Stock Performance

Shares of American Realty Investors stock traded down $0.31 during trading hours on Friday, reaching $17.94. The company’s stock had a trading volume of 1,546 shares, compared to its average volume of 2,132. American Realty Investors has a one year low of $11.69 and a one year high of $29.32. The stock’s fifty day simple moving average is $20.79 and its two-hundred day simple moving average is $17.40. The company has a quick ratio of 9.23, a current ratio of 9.23 and a debt-to-equity ratio of 0.22.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on American Realty Investors in a report on Sunday. They issued a “hold” rating for the company.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ARL. Vanguard Group Inc. lifted its holdings in shares of American Realty Investors by 4.3% in the 4th quarter. Vanguard Group Inc. now owns 21,405 shares of the financial services provider’s stock worth $373,000 after acquiring an additional 890 shares during the last quarter. Northern Trust Corp increased its position in American Realty Investors by 6.1% during the 3rd quarter. Northern Trust Corp now owns 15,565 shares of the financial services provider’s stock valued at $228,000 after purchasing an additional 891 shares during the period. Deutsche Bank AG grew its position in shares of 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 during the period. State Street Corp grew its position in shares of 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 during the period. Finally, Bank of America Corp DE lifted its stake in American Realty Investors by 80.0% during the 4th quarter. Bank of America Corp DE now owns 3,233 shares of the financial services provider’s stock valued at $83,000 after acquiring an additional 1,437 shares during the period.

American Realty Investors Company Profile

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.