Gables Capital Management Inc. Purchases 3,500 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

Gables Capital Management Inc. lifted its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 20.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,967 shares of the real estate investment trust’s stock after acquiring an additional 3,500 shares during the quarter. Gables Capital Management Inc.’s holdings in Arbor Realty Trust were worth $290,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ABR. US Bancorp DE raised its position in shares of Arbor Realty Trust by 6.3% during the third quarter. US Bancorp DE now owns 16,504 shares of the real estate investment trust’s stock worth $257,000 after acquiring an additional 979 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of Arbor Realty Trust by 183.2% during the third quarter. Farther Finance Advisors LLC now owns 10,028 shares of the real estate investment trust’s stock worth $156,000 after acquiring an additional 6,487 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in shares of Arbor Realty Trust by 27.0% during the third quarter. Concurrent Investment Advisors LLC now owns 17,497 shares of the real estate investment trust’s stock worth $272,000 after acquiring an additional 3,715 shares during the last quarter. Sigma Planning Corp raised its position in shares of Arbor Realty Trust by 21.5% during the third quarter. Sigma Planning Corp now owns 27,528 shares of the real estate investment trust’s stock worth $428,000 after acquiring an additional 4,872 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D raised its position in shares of Arbor Realty Trust by 4.6% during the third quarter. State of New Jersey Common Pension Fund D now owns 146,823 shares of the real estate investment trust’s stock worth $2,285,000 after acquiring an additional 6,500 shares during the last quarter. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Stock Up 0.6 %

Shares of Arbor Realty Trust stock opened at $12.31 on Tuesday. Arbor Realty Trust, Inc. has a 1 year low of $11.43 and a 1 year high of $15.94. The business has a 50-day moving average of $13.26 and a two-hundred day moving average of $14.12. The company has a market capitalization of $2.33 billion, a P/E ratio of 10.34 and a beta of 2.05. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68.

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 the consensus estimate 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 during the quarter, compared to the consensus estimate of $88.92 million. As a group, equities analysts predict that Arbor Realty Trust, Inc. will post 1.65 EPS for the current year.

Arbor Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be issued a $0.43 dividend. The ex-dividend date is Friday, March 7th. This represents a $1.72 annualized dividend and a dividend yield of 13.98%. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 144.54%.

Analyst Ratings Changes

ABR has been the subject of a number of recent research reports. Raymond James downgraded Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, February 24th. Keefe, Bruyette & Woods dropped their price objective on Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating for the company in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. dropped their price objective on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a report on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Arbor Realty Trust presently has a consensus 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.