Arbor Realty Trust, Inc. (NYSE:ABR) Receives Average Rating of “Hold” from Analysts

Arbor Realty Trust, Inc. (NYSE:ABR) has received an average recommendation of “Hold” from the six research firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $14.17.

ABR has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price objective on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a research report on Thursday, October 17th. Keefe, Bruyette & Woods decreased their target price on Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a research report on Tuesday, January 14th. Finally, JMP Securities increased their target price on Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a research note on Friday, September 27th.

Arbor Realty Trust Stock Performance

Shares of ABR stock opened at $13.79 on Tuesday. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of 10.22 and a beta of 2.04. The company has a 50 day moving average price of $14.15 and a 200 day moving average price of $14.23. Arbor Realty Trust has a one year low of $11.92 and a one year high of $15.94. The company has a debt-to-equity ratio of 2.67, a quick ratio of 35.68 and a current ratio of 35.68.

Arbor Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were paid a $0.43 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.72 annualized dividend and a dividend yield of 12.47%. Arbor Realty Trust’s payout ratio is currently 127.41%.

Insider Activity at Arbor Realty Trust

In other news, Director William C. Green bought 5,269 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average price of $14.17 per share, with a total value of $74,661.73. Following the completion of the acquisition, the director now directly owns 178,797 shares in the company, valued at approximately $2,533,553.49. This trade represents a 3.04 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Arbor Realty Trust

A number of hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC purchased a new position in Arbor Realty Trust during the 4th quarter worth approximately $1,144,000. Nisa Investment Advisors LLC boosted its position in Arbor Realty Trust by 29.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust’s stock worth $1,459,000 after acquiring an additional 23,987 shares during the period. Annex Advisory Services LLC purchased a new position in Arbor Realty Trust during the 4th quarter valued at about $219,000. Hennion & Walsh Asset Management Inc. lifted its position in shares of Arbor Realty Trust by 0.7% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 153,494 shares of the real estate investment trust’s stock worth $2,126,000 after purchasing an additional 1,007 shares in the last quarter. Finally, Capital Investment Advisors LLC acquired a new stake in shares of Arbor Realty Trust during the fourth quarter worth approximately $183,000. 57.25% of the stock is currently owned by institutional investors and hedge funds.

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.