Arbor Realty Trust, Inc. (NYSE:ABR) Shares Bought by AlphaQuest LLC

AlphaQuest LLC lifted its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 861.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,840 shares of the real estate investment trust’s stock after acquiring an additional 80,498 shares during the quarter. AlphaQuest LLC’s holdings in Arbor Realty Trust were worth $1,244,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Raymond James Trust N.A. grew its position in shares of Arbor Realty Trust by 3.0% in the 3rd quarter. Raymond James Trust N.A. now owns 23,769 shares of the real estate investment trust’s stock worth $370,000 after acquiring an additional 698 shares in the last quarter. Glenmede Trust Co. NA boosted its position in Arbor Realty Trust by 33.1% during 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 purchasing an additional 701 shares during the period. CIBC Asset Management Inc boosted its position in Arbor Realty Trust by 4.3% during the 4th quarter. CIBC Asset Management Inc now owns 18,676 shares of the real estate investment trust’s stock valued at $259,000 after purchasing an additional 774 shares during the period. Principal Securities Inc. boosted its position in Arbor Realty Trust by 10.0% during the 4th quarter. Principal Securities Inc. now owns 9,062 shares of the real estate investment trust’s stock valued at $126,000 after purchasing an additional 825 shares during the period. Finally, US Bancorp DE boosted its position in Arbor Realty Trust by 6.3% during the 3rd quarter. US Bancorp DE now owns 16,504 shares of the real estate investment trust’s stock valued at $257,000 after purchasing an additional 979 shares during the period. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Trading Down 0.2 %

Shares of ABR stock opened at $12.27 on Monday. The company has a debt-to-equity ratio of 2.41, a quick ratio of 35.68 and a current ratio of 37.49. Arbor Realty Trust, Inc. has a 1 year low of $11.43 and a 1 year high of $15.94. The stock has a fifty day moving average of $13.29 and a two-hundred day moving average of $14.12. The firm has a market capitalization of $2.32 billion, a PE ratio of 10.31 and a beta of 2.05.

Arbor Realty Trust (NYSE:ABR) last announced its quarterly earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. The business had revenue of $262.87 million for the quarter, compared to analyst estimates of $88.92 million. As a group, research analysts expect that Arbor Realty Trust, Inc. will post 1.65 EPS for the current year.

Arbor Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 14.02%. The ex-dividend date of this dividend is Friday, March 7th. Arbor Realty Trust’s dividend payout ratio is presently 144.54%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. reduced their price objective on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research report on Tuesday, January 21st. Keefe, Bruyette & Woods reduced their price objective on Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating for the company in a research report on Tuesday, February 25th. Finally, Raymond James lowered Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, February 24th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $13.75.

Arbor Realty Trust 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.