Arbor Realty Trust, Inc. (NYSE:ABR) Shares Acquired by Sfmg LLC

Sfmg LLC increased its stake in Arbor Realty Trust, Inc. (NYSE:ABR) by 25.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,509 shares of the real estate investment trust’s stock after buying an additional 3,569 shares during the period. Sfmg LLC’s holdings in Arbor Realty Trust were worth $272,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its stake in Arbor Realty Trust by 75.5% during the third quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 688 shares during the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of Arbor Realty Trust in the 3rd quarter worth about $38,000. Glenmede Trust Co. NA boosted its holdings in shares of Arbor Realty Trust by 33.1% in the 3rd quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 701 shares during the period. KBC Group NV boosted its holdings in shares of Arbor Realty Trust by 39.1% in the 3rd quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust’s stock valued at $100,000 after buying an additional 1,796 shares during the period. Finally, Prospera Private Wealth LLC bought a new stake in shares of Arbor Realty Trust during the 3rd quarter valued at about $102,000. 57.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ABR. Raymond James boosted their price objective on Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a research report on Thursday, September 19th. JPMorgan Chase & Co. boosted their price target on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the company an “underweight” rating in a report on Thursday, October 17th. Finally, JMP Securities increased their price objective on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the stock a “market outperform” rating in a report on Friday, September 27th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Arbor Realty Trust presently has an average rating of “Hold” and a consensus price target of $14.25.

Insider Activity

In other Arbor Realty Trust news, Director William C. Green acquired 5,269 shares of the stock in a transaction dated Thursday, December 5th. The shares were bought at an average price of $14.17 per share, with a total value of $74,661.73. Following the purchase, the director now directly owns 178,797 shares of the company’s stock, valued at approximately $2,533,553.49. This trade represents a 3.04 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 3.70% of the company’s stock.

Arbor Realty Trust Trading Down 0.8 %

NYSE:ABR opened at $14.28 on Thursday. The stock has a market cap of $2.69 billion, a price-to-earnings ratio of 10.59 and a beta of 2.03. The company has a debt-to-equity ratio of 2.67, a quick ratio of 35.68 and a current ratio of 35.68. Arbor Realty Trust, Inc. has a 1 year low of $11.92 and a 1 year high of $16.35. The business has a fifty day moving average of $14.91 and a 200-day moving average of $14.26.

Arbor Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 12.04%. The ex-dividend date of this dividend was Friday, November 15th. Arbor Realty Trust’s dividend payout ratio is currently 127.41%.

Arbor Realty Trust Company Profile

Arbor Realty Trust, Inc invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States. The company operates through Structured Business and Agency Business segments. It primarily invests in bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related joint ventures, real estate-related notes, and various mortgage-related securities.