Arbor Realty Trust, Inc. (NYSE:ABR) Given Average Recommendation of “Hold” by Analysts

Arbor Realty Trust, Inc. (NYSE:ABR) has been given a consensus recommendation of “Hold” by the six brokerages that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $14.00.

ABR has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods dropped their price target on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating on the stock in a report on Tuesday, January 14th. JPMorgan Chase & Co. lowered their price objective on shares of Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating on the stock in a research report on Tuesday, January 21st.

Arbor Realty Trust Trading Up 0.8 %

Shares of NYSE:ABR opened at $13.76 on Friday. Arbor Realty Trust has a 1 year low of $11.95 and a 1 year high of $15.94. The stock’s fifty day moving average price is $13.74 and its 200-day moving average price is $14.20. The company has a market cap of $2.59 billion, a P/E ratio of 10.19 and a beta of 2.03. The company has a debt-to-equity ratio of 2.67, a current ratio of 35.68 and a quick ratio of 35.68.

Insider Buying and Selling

In related news, Director William C. Green acquired 5,269 shares of Arbor Realty Trust stock in a transaction dated Thursday, December 5th. The stock was purchased at an average cost of $14.17 per share, for a total transaction of $74,661.73. Following the purchase, the director now directly owns 178,797 shares of the company’s stock, valued at approximately $2,533,553.49. This trade represents a 3.04 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 3.70% of the stock is currently owned by insiders.

Institutional Trading of Arbor Realty Trust

Several hedge funds have recently bought and sold shares of the stock. State Street Corp raised its position in shares of Arbor Realty Trust by 0.5% during 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 period. Geode Capital Management LLC increased its stake in Arbor Realty Trust by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 4,298,957 shares of the real estate investment trust’s stock worth $66,905,000 after buying an additional 45,370 shares in the last quarter. Wasatch Advisors LP raised its holdings in Arbor Realty Trust by 1.0% during the fourth quarter. Wasatch Advisors LP now owns 3,547,158 shares of the real estate investment trust’s stock valued at $49,128,000 after acquiring an additional 35,777 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Arbor Realty Trust by 3.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,493,105 shares of the real estate investment trust’s stock valued at $34,530,000 after acquiring an additional 89,309 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Arbor Realty Trust by 10.0% in the fourth quarter. Northern Trust Corp now owns 2,432,509 shares of the real estate investment trust’s stock worth $33,690,000 after acquiring an additional 220,471 shares during the period. Institutional investors own 57.25% of the company’s stock.

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.