Arbor Realty Trust, Inc. (NYSE:ABR) Shares Purchased by Signaturefd LLC

Signaturefd LLC boosted its stake in Arbor Realty Trust, Inc. (NYSE:ABR) by 28.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,848 shares of the real estate investment trust’s stock after acquiring an additional 1,537 shares during the period. Signaturefd LLC’s holdings in Arbor Realty Trust were worth $95,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. State Street Corp lifted its holdings in shares of Arbor Realty Trust by 0.5% in the 3rd quarter. State Street Corp now owns 7,207,950 shares of the real estate investment trust’s stock valued at $112,156,000 after purchasing an additional 32,788 shares during the last quarter. Geode Capital Management LLC lifted its stake in Arbor Realty Trust by 1.1% in the third quarter. Geode Capital Management LLC now owns 4,298,957 shares of the real estate investment trust’s stock valued at $66,905,000 after buying an additional 45,370 shares during the last quarter. Wasatch Advisors LP boosted its holdings in shares of Arbor Realty Trust by 29.4% in the third quarter. Wasatch Advisors LP now owns 3,511,381 shares of the real estate investment trust’s stock valued at $54,637,000 after acquiring an additional 797,453 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Arbor Realty Trust by 3.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,493,105 shares of the real estate investment trust’s stock worth $34,530,000 after acquiring an additional 89,309 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Arbor Realty Trust by 2.2% in the 4th quarter. Bank of New York Mellon Corp now owns 1,258,343 shares of the real estate investment trust’s stock valued at $17,428,000 after acquiring an additional 27,327 shares during the period. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Trading Down 0.8 %

Shares of Arbor Realty Trust stock opened at $12.27 on Monday. The firm has a market cap of $2.32 billion, a price-to-earnings ratio of 10.31 and a beta of 2.05. Arbor Realty Trust, Inc. has a 52-week low of $11.43 and a 52-week high of $15.94. The company’s 50-day simple moving average is $13.01 and its 200-day simple moving average is $14.04. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41.

Arbor Realty Trust (NYSE:ABR) last released its 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). The business had revenue of $262.87 million for the quarter, compared to analyst estimates of $88.92 million. Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. As a group, equities research analysts anticipate that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current year.

Arbor Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 14.02%. The ex-dividend date of this dividend was Friday, March 7th. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 144.54%.

Wall Street Analysts Forecast Growth

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

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.