American Realty Investors (NYSE:ARL) was upgraded by investment analysts at TheStreet from a “d+” rating to a “c+” rating in a note issued to investors on Tuesday, TheStreetRatingsTable reports.
Shares of ARL stock opened at $12.65 on Tuesday. American Realty Investors has a twelve month low of $11.22 and a twelve month high of $20.57. The firm has a market capitalization of $194.68 million, a price-to-earnings ratio of 10.31 and a beta of 0.04. The company has a debt-to-equity ratio of 1.39, a current ratio of 11.85 and a quick ratio of 11.85.
A hedge fund recently raised its stake in American Realty Investors stock. BlackRock Inc. grew its position in American Realty Investors, Inc. (NYSE:ARL) by 2.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 148,674 shares of the financial services provider’s stock after buying an additional 3,656 shares during the quarter. BlackRock Inc. owned 0.93% of American Realty Investors worth $1,795,000 at the end of the most recent reporting period. Institutional investors own 1.77% of the company’s stock.
American Realty Investors, Inc acquires, develops, and owns residential 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.
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