SG Americas Securities LLC Boosts Stock Position in Arbor Realty Trust, Inc. (NYSE:ABR)

SG Americas Securities LLC grew its holdings in Arbor Realty Trust, Inc. (NYSE:ABR) by 74.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 93,265 shares of the real estate investment trust’s stock after purchasing an additional 39,928 shares during the period. SG Americas Securities LLC’s holdings in Arbor Realty Trust were worth $1,451,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Westside Investment Management Inc. bought a new position in shares of Arbor Realty Trust in the first quarter worth about $27,000. Scarborough Advisors LLC purchased a new stake in Arbor Realty Trust in the 4th quarter valued at about $38,000. PNC Financial Services Group Inc. grew its stake in Arbor Realty Trust by 16.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,131 shares of the real estate investment trust’s stock worth $108,000 after acquiring an additional 1,010 shares in the last quarter. Signaturefd LLC increased its position in shares of Arbor Realty Trust by 20.6% during the second quarter. Signaturefd LLC now owns 8,807 shares of the real estate investment trust’s stock worth $126,000 after acquiring an additional 1,504 shares during the period. Finally, Sfmg LLC bought a new stake in shares of Arbor Realty Trust during the first quarter valued at approximately $133,000. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Wall Street Analyst Weigh In

ABR has been the topic of several research analyst reports. JMP Securities increased their price objective on Arbor Realty Trust from $16.00 to $16.50 and gave the stock a “market outperform” rating in a research note on Friday, September 27th. Piper Sandler increased their price target on Arbor Realty Trust from $12.00 to $12.50 and gave the stock an “underweight” rating in a research report on Monday, August 5th. Keefe, Bruyette & Woods lifted their price objective on Arbor Realty Trust from $13.25 to $14.00 and gave the company a “market perform” rating in a report on Wednesday, July 10th. JPMorgan Chase & Co. lowered their price objective on shares of Arbor Realty Trust from $12.00 to $11.50 and set an “underweight” rating for the company in a research note on Tuesday, July 16th. Finally, Raymond James raised their target price on shares of Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a research report on Thursday, September 19th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $13.92.

Arbor Realty Trust Trading Up 0.9 %

Shares of NYSE ABR opened at $14.89 on Wednesday. Arbor Realty Trust, Inc. has a 1-year low of $11.77 and a 1-year high of $16.35. The business has a fifty day moving average price of $14.03 and a 200 day moving average price of $13.68. The stock has a market capitalization of $2.81 billion, a P/E ratio of 9.25 and a beta of 2.06. The company has a debt-to-equity ratio of 2.78, a current ratio of 37.31 and a quick ratio of 37.31.

Arbor Realty Trust (NYSE:ABR) last released its quarterly earnings results on Friday, August 2nd. The real estate investment trust reported $0.44 EPS for the quarter, beating the consensus estimate of $0.42 by $0.02. Arbor Realty Trust had a net margin of 24.59% and a return on equity of 15.75%. The business had revenue of $297.19 million during the quarter, compared to analyst estimates of $300.69 million. During the same period in the prior year, the firm posted $0.56 earnings per share. Equities research analysts expect that Arbor Realty Trust, Inc. will post 1.7 EPS for the current fiscal year.

Arbor Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 16th were paid a $0.43 dividend. The ex-dividend date of this dividend was Friday, August 16th. This represents a $1.72 annualized dividend and a yield of 11.55%. Arbor Realty Trust’s dividend payout ratio (DPR) 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.