Natixis Advisors LLC Sells 1,669 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

Natixis Advisors LLC cut its holdings in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 9.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,931 shares of the real estate investment trust’s stock after selling 1,669 shares during the period. Natixis Advisors LLC’s holdings in Arbor Realty Trust were worth $248,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Certuity LLC bought a new stake in shares of Arbor Realty Trust during the 2nd quarter worth $4,305,000. TrueMark Investments LLC bought a new position in shares of Arbor Realty Trust in the second quarter worth about $2,893,000. Cetera Investment Advisers boosted its stake in shares of Arbor Realty Trust by 358.5% in the 1st quarter. Cetera Investment Advisers now owns 220,559 shares of the real estate investment trust’s stock valued at $2,922,000 after purchasing an additional 172,454 shares in the last quarter. Prevail Innovative Wealth Advisors LLC acquired a new stake in shares of Arbor Realty Trust in the 2nd quarter valued at approximately $1,425,000. Finally, Van ECK Associates Corp grew its holdings in shares of Arbor Realty Trust by 10.2% during the 2nd quarter. Van ECK Associates Corp now owns 990,484 shares of the real estate investment trust’s stock valued at $14,213,000 after purchasing an additional 91,970 shares during the last quarter. Institutional investors and hedge funds own 57.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ABR. Raymond James increased their price objective on shares of Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a research note on Thursday, September 19th. JPMorgan Chase & Co. increased their price target on Arbor Realty Trust from $12.00 to $13.50 and gave the company an “underweight” rating in a research note on Thursday, October 17th. JMP Securities boosted their price objective on Arbor Realty Trust from $16.00 to $16.50 and gave the stock a “market outperform” rating in a research report on Friday, September 27th. Finally, Piper Sandler upped their target price on Arbor Realty Trust from $12.00 to $12.50 and gave the stock an “underweight” rating in a report on Monday, August 5th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Arbor Realty Trust presently has an average rating of “Hold” and an average target price of $14.25.

Arbor Realty Trust Stock Performance

NYSE ABR opened at $14.80 on Friday. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 10.96 and a beta of 2.06. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67. Arbor Realty Trust, Inc. has a twelve month low of $11.77 and a twelve month high of $16.35. The stock has a fifty day simple moving average of $15.10 and a 200 day simple moving average of $14.23.

Arbor Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were paid a $0.43 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.72 annualized dividend and a dividend yield of 11.62%. Arbor Realty Trust’s payout ratio is 127.41%.

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.