Charles Schwab Investment Management Inc. Boosts Stock Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Charles Schwab Investment Management Inc. raised its holdings in Arbor Realty Trust, Inc. (NYSE:ABR) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,493,105 shares of the real estate investment trust’s stock after purchasing an additional 89,309 shares during the period. Charles Schwab Investment Management Inc. owned 1.32% of Arbor Realty Trust worth $34,530,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC purchased a new position in shares of Arbor Realty Trust in the fourth quarter worth about $1,144,000. Nisa Investment Advisors LLC grew its stake in Arbor Realty Trust by 29.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust’s stock valued at $1,459,000 after acquiring an additional 23,987 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in 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 acquiring an additional 100,055 shares in the last quarter. Pathstone Holdings LLC grew its stake in Arbor Realty Trust by 42.0% during the third 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. Finally, EMC Capital Management grew its stake in Arbor Realty Trust by 23,453.8% during the fourth quarter. EMC Capital Management now owns 18,843 shares of the real estate investment trust’s stock valued at $261,000 after acquiring an additional 18,763 shares in the last quarter. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Analysts Set New Price Targets

ABR has been the subject of several recent analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of 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. Raymond James cut shares of Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Monday, February 24th. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating for the company in a research note on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $13.75.

Arbor Realty Trust Trading Up 2.9 %

Shares of Arbor Realty Trust stock opened at $12.41 on Monday. Arbor Realty Trust, Inc. has a 1 year low of $11.43 and a 1 year high of $15.94. The firm has a market cap of $2.35 billion, a PE ratio of 10.42 and a beta of 2.05. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68. The company has a 50 day simple moving average of $13.13 and a two-hundred day simple moving average of $14.08.

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

Arbor Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be issued a $0.43 dividend. The ex-dividend date is Friday, March 7th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 13.87%. Arbor Realty Trust’s payout ratio is 144.54%.

Arbor Realty Trust 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.