Sei Investments Co. Has $2.13 Million Stock Position in Arbor Realty Trust, Inc. (NYSE:ABR)

Sei Investments Co. raised its stake in Arbor Realty Trust, Inc. (NYSE:ABR) by 1,208.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 153,898 shares of the real estate investment trust’s stock after buying an additional 142,138 shares during the quarter. Sei Investments Co. owned about 0.08% of Arbor Realty Trust worth $2,131,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in ABR. State Street Corp boosted 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 worth $112,156,000 after buying an additional 32,788 shares during the period. Geode Capital Management LLC boosted its position in Arbor Realty Trust by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 4,298,957 shares of the real estate investment trust’s stock worth $66,905,000 after acquiring an additional 45,370 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Arbor Realty Trust by 3.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,493,105 shares of the real estate investment trust’s stock worth $34,530,000 after acquiring an additional 89,309 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Arbor Realty Trust by 2.2% during the 4th quarter. Bank of New York Mellon Corp now owns 1,258,343 shares of the real estate investment trust’s stock worth $17,428,000 after acquiring an additional 27,327 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Arbor Realty Trust in the fourth quarter valued at approximately $15,967,000. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Stock Performance

NYSE ABR opened at $11.22 on Friday. The firm has a market capitalization of $2.13 billion, a P/E ratio of 9.43 and a beta of 2.05. The company has a current ratio of 37.49, a quick ratio of 35.68 and a debt-to-equity ratio of 2.41. The firm’s fifty day moving average price is $12.68 and its two-hundred day moving average price is $13.90. Arbor Realty Trust, Inc. has a 1 year low of $11.08 and a 1 year high of $15.94.

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

Arbor Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a $0.43 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $1.72 annualized dividend and a yield of 15.33%. Arbor Realty Trust’s dividend payout ratio is 144.54%.

Analysts Set New Price Targets

ABR has been the subject of several recent 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. 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. Finally, Keefe, Bruyette & Woods decreased their price objective on 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 research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Arbor Realty Trust currently has a consensus rating of “Hold” and a consensus target price 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.