Arbor Realty Trust, Inc. (NYSE:ABR) Position Boosted by Swiss National Bank

Swiss National Bank raised its holdings in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 370,851 shares of the real estate investment trust’s stock after acquiring an additional 2,800 shares during the period. Swiss National Bank owned approximately 0.20% of Arbor Realty Trust worth $5,136,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Arbor Realty Trust during the fourth quarter valued at about $2,181,000. Wealthfront Advisers LLC bought a new stake in shares of Arbor Realty Trust during the 4th quarter worth about $1,854,000. Gables Capital Management Inc. boosted its holdings in shares of Arbor Realty Trust by 20.0% in the fourth quarter. Gables Capital Management Inc. now owns 20,967 shares of the real estate investment trust’s stock valued at $290,000 after acquiring an additional 3,500 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Arbor Realty Trust by 12.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 54,495 shares of the real estate investment trust’s stock valued at $755,000 after acquiring an additional 5,841 shares in the last quarter. Finally, AlphaQuest LLC increased its stake in shares of Arbor Realty Trust by 861.7% during the fourth quarter. AlphaQuest LLC now owns 89,840 shares of the real estate investment trust’s stock valued at $1,244,000 after acquiring an additional 80,498 shares during the period. Institutional investors and hedge funds own 57.25% of the company’s stock.

Wall Street Analyst Weigh In

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

Arbor Realty Trust Trading Down 0.3 %

Shares of NYSE ABR opened at $12.24 on Tuesday. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. Arbor Realty Trust, Inc. has a 12 month low of $11.43 and a 12 month high of $15.94. The company has a market cap of $2.32 billion, a price-to-earnings ratio of 10.28 and a beta of 2.05. The business has a fifty day simple moving average of $12.99 and a 200-day simple moving average of $14.03.

Arbor Realty Trust (NYSE:ABR) last posted its quarterly earnings data on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). The firm had revenue of $262.87 million for the quarter, compared to analysts’ expectations of $88.92 million. Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. Sell-side analysts predict that Arbor Realty Trust, Inc. will post 1.65 EPS for the current year.

Arbor Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 14.06%. The ex-dividend date was Friday, March 7th. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 144.54%.

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.