HighTower Advisors LLC Buys 13,993 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

HighTower Advisors LLC increased its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 83.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,720 shares of the real estate investment trust’s stock after purchasing an additional 13,993 shares during the period. HighTower Advisors LLC’s holdings in Arbor Realty Trust were worth $481,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ABR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Arbor Realty Trust by 52.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,456 shares of the real estate investment trust’s stock valued at $4,535,000 after buying an additional 100,055 shares during the last quarter. Pathstone Holdings LLC lifted its position in Arbor Realty Trust by 42.0% in the 3rd quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust’s stock valued at $2,057,000 after acquiring an additional 39,072 shares in the last quarter. Edgestream Partners L.P. purchased a new stake in Arbor Realty Trust during the 3rd quarter valued at $1,443,000. Intech Investment Management LLC bought a new stake in shares of Arbor Realty Trust in the 3rd quarter worth $820,000. Finally, SG Americas Securities LLC raised its stake in shares of Arbor Realty Trust by 74.9% in the third quarter. SG Americas Securities LLC now owns 93,265 shares of the real estate investment trust’s stock worth $1,451,000 after purchasing an additional 39,928 shares during the last quarter. 57.25% of the stock is owned by hedge funds and other institutional investors.

Arbor Realty Trust Trading Up 0.4 %

Shares of Arbor Realty Trust stock opened at $13.76 on Friday. The company has a debt-to-equity ratio of 2.67, a current ratio of 35.68 and a quick ratio of 35.68. The stock has a market capitalization of $2.60 billion, a PE ratio of 10.19 and a beta of 2.03. Arbor Realty Trust, Inc. has a 1-year low of $11.92 and a 1-year high of $16.35. The company’s fifty day simple moving average is $14.80 and its 200-day simple moving average is $14.29.

Arbor Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 12.50%. The ex-dividend date was Friday, November 15th. Arbor Realty Trust’s dividend payout ratio is presently 127.41%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ABR shares. JMP Securities lifted their price objective on Arbor Realty Trust from $16.00 to $16.50 and gave the stock a “market outperform” rating in a report on Friday, September 27th. JPMorgan Chase & Co. lifted their price target on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a research note on Thursday, October 17th. Finally, Raymond James increased their price objective 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 research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $14.25.

Insider Transactions at Arbor Realty Trust

In other news, Director William C. Green bought 5,269 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were bought at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the purchase, the director now owns 178,797 shares in the company, valued at $2,533,553.49. This represents a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 3.70% of the company’s stock.

About Arbor Realty Trust

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.