Wealth Alliance Advisory Group LLC Increases Holdings in American Realty Investors, Inc. $ARL

Wealth Alliance Advisory Group LLC grew its holdings in shares of American Realty Investors, Inc. (NYSE:ARL) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 166,770 shares of the financial services provider’s stock after purchasing an additional 1,770 shares during the quarter. Wealth Alliance Advisory Group LLC owned approximately 1.03% of American Realty Investors worth $2,355,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Rhumbline Advisers grew its stake in shares of American Realty Investors by 44.9% during the 1st quarter. Rhumbline Advisers now owns 2,825 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 876 shares during the period. Invesco Ltd. bought a new position in shares of American Realty Investors during the 1st quarter worth $111,000. Northern Trust Corp grew its stake in shares of American Realty Investors by 20.4% during the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider’s stock worth $362,000 after acquiring an additional 4,180 shares during the period. Finally, PFG Investments LLC grew its stake in shares of American Realty Investors by 38.1% during the 1st quarter. PFG Investments LLC now owns 37,300 shares of the financial services provider’s stock worth $408,000 after acquiring an additional 10,300 shares during the period.

American Realty Investors Stock Down 2.2%

ARL stock opened at $16.43 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 6.31 and a current ratio of 6.31. The company has a market capitalization of $265.26 million, a price-to-earnings ratio of -22.50 and a beta of 0.79. American Realty Investors, Inc. has a fifty-two week low of $9.43 and a fifty-two week high of $18.27. The stock has a fifty day moving average of $14.38 and a 200-day moving average of $13.66.

American Realty Investors (NYSE:ARL) last posted its quarterly earnings results on Thursday, August 7th. The financial services provider reported $0.18 earnings per share for the quarter. The company had revenue of $12.16 million during the quarter. American Realty Investors had a negative return on equity of 1.86% and a negative net margin of 24.74%.

American Realty Investors 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.