Vanguard Group Inc. Has $286.61 Million Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Vanguard Group Inc. boosted its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 1.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,880,882 shares of the real estate investment trust’s stock after buying an additional 235,364 shares during the quarter. Vanguard Group Inc. owned approximately 10.02% of Arbor Realty Trust worth $286,612,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ICA Group Wealth Management LLC acquired a new position in Arbor Realty Trust in the 4th quarter valued at $35,000. Cape Investment Advisory Inc. grew its stake in Arbor Realty Trust by 671.7% in the 4th quarter. Cape Investment Advisory Inc. now owns 2,315 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 2,015 shares during the last quarter. Sound Income Strategies LLC grew its stake in Arbor Realty Trust by 322.1% in the 4th quarter. Sound Income Strategies LLC now owns 2,347 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 1,791 shares during the last quarter. Scarborough Advisors LLC acquired a new position in Arbor Realty Trust in the 4th quarter valued at $38,000. Finally, Anchor Investment Management LLC bought a new stake in Arbor Realty Trust in the 4th quarter valued at $41,000. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. JMP Securities reduced their price target on shares of Arbor Realty Trust from $17.00 to $16.00 and set a “market outperform” rating for the company in a report on Thursday, June 20th. Wedbush reissued a “neutral” rating and issued a $13.00 price target on shares of Arbor Realty Trust in a report on Monday, May 6th. TheStreet raised shares of Arbor Realty Trust from a “d+” rating to a “c” rating in a report on Monday, March 18th. Keefe, Bruyette & Woods reduced their price target on shares of Arbor Realty Trust from $13.50 to $13.25 and set a “market perform” rating for the company in a report on Wednesday, April 10th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Arbor Realty Trust from $12.50 to $12.00 and set an “underweight” rating for the company in a report on Wednesday, April 10th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Arbor Realty Trust currently has a consensus rating of “Hold” and a consensus target price of $14.54.

Arbor Realty Trust Price Performance

NYSE:ABR opened at $14.35 on Friday. The company has a 50-day moving average of $13.61 and a 200-day moving average of $13.62. The company has a market capitalization of $2.71 billion, a price-to-earnings ratio of 8.91 and a beta of 1.98. Arbor Realty Trust, Inc. has a 52 week low of $11.77 and a 52 week high of $17.74. The company has a debt-to-equity ratio of 3.14, a quick ratio of 36.63 and a current ratio of 36.63.

Arbor Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Friday, May 17th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 11.99%. The ex-dividend date of this dividend was Thursday, May 16th. Arbor Realty Trust’s payout ratio is 106.83%.

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.