IFP Advisors Inc Raises Stake in Arbor Realty Trust, Inc. (NYSE:ABR)

IFP Advisors Inc boosted its holdings in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 82.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,431 shares of the real estate investment trust’s stock after acquiring an additional 2,000 shares during the period. IFP Advisors Inc’s holdings in Arbor Realty Trust were worth $61,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of ABR. US Bancorp DE lifted its position in Arbor Realty Trust by 6.3% during the 3rd quarter. US Bancorp DE now owns 16,504 shares of the real estate investment trust’s stock valued at $257,000 after acquiring an additional 979 shares during the period. Farther Finance Advisors LLC lifted its position in Arbor Realty Trust by 183.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,028 shares of the real estate investment trust’s stock valued at $156,000 after acquiring an additional 6,487 shares during the period. Harbor Capital Advisors Inc. purchased a new position in Arbor Realty Trust during the 3rd quarter valued at about $38,000. Van ECK Associates Corp lifted its position in Arbor Realty Trust by 2.7% during the 3rd quarter. Van ECK Associates Corp now owns 1,016,860 shares of the real estate investment trust’s stock valued at $15,538,000 after acquiring an additional 26,376 shares during the period. Finally, QRG Capital Management Inc. raised its holdings in Arbor Realty Trust by 3.4% in the third quarter. QRG Capital Management Inc. now owns 205,169 shares of the real estate investment trust’s stock worth $3,192,000 after buying an additional 6,678 shares during the last quarter. 57.25% of the stock is owned by hedge funds and other institutional investors.

Arbor Realty Trust Stock Performance

Shares of ABR stock opened at $12.34 on Thursday. The company has a 50 day moving average price of $13.38 and a 200-day moving average price of $14.14. 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 $2.34 billion, a PE ratio of 10.37 and a beta of 2.03. 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 (NYSE:ABR) last announced its quarterly earnings results 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). Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. The company had revenue of $262.87 million during the quarter, compared to the consensus estimate of $88.92 million. As a group, equities research analysts expect that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current year.

Arbor Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 13.94%. Arbor Realty Trust’s dividend payout ratio is presently 144.54%.

Analyst Upgrades and Downgrades

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

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.