Arbor Realty Trust, Inc. (NYSE:ABR) Stake Lifted by Xponance Inc.

Xponance Inc. lifted its stake in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 10.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,288 shares of the real estate investment trust’s stock after acquiring an additional 1,209 shares during the quarter. Xponance Inc.’s holdings in Arbor Realty Trust were worth $184,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its stake in shares of Arbor Realty Trust by 4.2% in the 3rd 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 buying an additional 97,454 shares in the last quarter. FMR LLC raised its position in Arbor Realty Trust by 143.2% in the third quarter. FMR LLC now owns 25,732 shares of the real estate investment trust’s stock worth $400,000 after acquiring an additional 15,151 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Arbor Realty Trust by 64.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 92,210 shares of the real estate investment trust’s stock valued at $1,435,000 after acquiring an additional 36,099 shares during the last quarter. Glenmede Trust Co. NA boosted its position in shares of Arbor Realty Trust by 33.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 701 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Arbor Realty Trust by 52.3% in the 3rd 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 worth $4,535,000 after purchasing an additional 100,055 shares during the last quarter. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Arbor Realty Trust Stock Down 2.4 %

Shares of ABR opened at $11.76 on Friday. Arbor Realty Trust, Inc. has a 52 week low of $11.43 and a 52 week high of $15.94. The firm has a market capitalization of $2.23 billion, a P/E ratio of 9.88 and a beta of 2.05. The company has a 50-day simple moving average of $12.86 and a 200-day simple moving average of $13.99. The company has a debt-to-equity ratio of 2.41, a quick ratio of 35.68 and a current ratio of 37.49.

Arbor Realty Trust (NYSE:ABR) last posted its quarterly earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). The business had revenue of $262.87 million for the quarter, compared to analyst estimates of $88.92 million. Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. On average, equities research analysts expect that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current year.

Arbor Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 14.63%. The ex-dividend date was Friday, March 7th. Arbor Realty Trust’s payout ratio is 144.54%.

Wall Street Analyst Weigh In

ABR has been the subject of a number of research reports. Raymond James cut shares of Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a report on Monday, February 24th. 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 note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. cut their target price on 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. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $13.75.

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.