Steward Partners Investment Advisory LLC Buys 1,413 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

Steward Partners Investment Advisory LLC boosted its stake in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 2.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,975 shares of the real estate investment trust’s stock after purchasing an additional 1,413 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Arbor Realty Trust were worth $789,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in ABR. US Bancorp DE boosted its position in Arbor Realty Trust by 6.3% during the third quarter. US Bancorp DE now owns 16,504 shares of the real estate investment trust’s stock worth $257,000 after purchasing an additional 979 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Arbor Realty Trust by 183.2% in the third quarter. Farther Finance Advisors LLC now owns 10,028 shares of the real estate investment trust’s stock valued at $156,000 after acquiring an additional 6,487 shares during the period. Concurrent Investment Advisors LLC boosted its position in shares of Arbor Realty Trust by 27.0% in the third quarter. Concurrent Investment Advisors LLC now owns 17,497 shares of the real estate investment trust’s stock valued at $272,000 after acquiring an additional 3,715 shares during the period. Sigma Planning Corp boosted its position in shares of Arbor Realty Trust by 21.5% in the third quarter. Sigma Planning Corp now owns 27,528 shares of the real estate investment trust’s stock valued at $428,000 after acquiring an additional 4,872 shares during the period. Finally, State of New Jersey Common Pension Fund D boosted its position in shares of Arbor Realty Trust by 4.6% in the third quarter. State of New Jersey Common Pension Fund D now owns 146,823 shares of the real estate investment trust’s stock valued at $2,285,000 after acquiring an additional 6,500 shares during the period. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Stock Up 0.6 %

Shares of ABR stock opened at $12.31 on Tuesday. The stock has a market cap of $2.33 billion, a P/E ratio of 10.34 and a beta of 2.05. Arbor Realty Trust, Inc. has a one year low of $11.43 and a one year high of $15.94. The stock has a fifty day moving average price of $13.26 and a 200 day moving average price of $14.12. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68.

Arbor Realty Trust (NYSE:ABR) last issued its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.02). The firm had revenue of $262.87 million during the quarter, compared to the consensus estimate of $88.92 million. Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. Analysts predict that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current year.

Arbor Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be given a $0.43 dividend. The ex-dividend date is Friday, March 7th. This represents a $1.72 annualized dividend and a yield of 13.98%. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 144.54%.

Analyst Upgrades and Downgrades

ABR has been the subject of several research reports. Keefe, Bruyette & Woods reduced their price objective on Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating for the company in a research report on Tuesday, February 25th. JPMorgan Chase & Co. reduced their price objective on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research report on Tuesday, January 21st. Finally, Raymond James cut Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, February 24th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $13.75.

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.