Yousif Capital Management LLC Lowers Position in Arbor Realty Trust, Inc. (NYSE:ABR)

Yousif Capital Management LLC cut its stake in Arbor Realty Trust, Inc. (NYSE:ABR) by 2.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,474 shares of the real estate investment trust’s stock after selling 1,488 shares during the quarter. Yousif Capital Management LLC’s holdings in Arbor Realty Trust were worth $990,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of ABR. State Street Corp increased its position in shares of Arbor Realty Trust by 0.5% during the third quarter. State Street Corp now owns 7,207,950 shares of the real estate investment trust’s stock valued at $112,156,000 after acquiring an additional 32,788 shares during the last quarter. Geode Capital Management LLC increased its position in Arbor Realty Trust by 1.1% in the third 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 during the last quarter. Wasatch Advisors LP boosted its holdings in shares of Arbor Realty Trust by 29.4% in the third quarter. Wasatch Advisors LP now owns 3,511,381 shares of the real estate investment trust’s stock worth $54,637,000 after acquiring an additional 797,453 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Arbor Realty Trust by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,403,796 shares of the real estate investment trust’s stock worth $37,403,000 after acquiring an additional 97,454 shares during the period. Finally, Van ECK Associates Corp boosted its holdings in shares of Arbor Realty Trust by 2.7% in the third quarter. Van ECK Associates Corp now owns 1,016,860 shares of the real estate investment trust’s stock worth $15,538,000 after acquiring an additional 26,376 shares during the period. 57.25% of the stock is owned by hedge funds and other institutional investors.

Arbor Realty Trust Price Performance

NYSE:ABR opened at $13.76 on Friday. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 10.19 and a beta of 2.03. Arbor Realty Trust, Inc. has a 52-week low of $11.95 and a 52-week high of $15.94. The stock has a fifty day moving average of $13.74 and a 200 day moving average of $14.20. The company has a debt-to-equity ratio of 2.67, a quick ratio of 35.68 and a current ratio of 35.68.

Insiders Place Their Bets

In other news, Director William C. Green purchased 5,269 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was purchased at an average price of $14.17 per share, with a total value of $74,661.73. Following the completion of the purchase, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ABR. Keefe, Bruyette & Woods cut their price target on Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. dropped their price objective on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Arbor Realty Trust currently has an average rating of “Hold” and a consensus target price of $14.00.

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.