Arbor Realty Trust, Inc. (NYSE:ABR) Shares Sold by WMG Financial Advisors LLC

WMG Financial Advisors LLC lessened its holdings in Arbor Realty Trust, Inc. (NYSE:ABRFree Report) by 6.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 38,700 shares of the real estate investment trust’s stock after selling 2,750 shares during the quarter. WMG Financial Advisors LLC’s holdings in Arbor Realty Trust were worth $536,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Janney Montgomery Scott LLC acquired a new position in shares of Arbor Realty Trust in the 4th quarter valued at $1,144,000. Nisa Investment Advisors LLC grew its stake in Arbor Realty Trust by 29.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust’s stock valued at $1,459,000 after purchasing an additional 23,987 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Arbor Realty Trust by 52.3% in the third 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 valued at $4,535,000 after purchasing an additional 100,055 shares during the period. Pathstone Holdings LLC raised its stake in shares of Arbor Realty Trust by 42.0% in the third quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust’s stock worth $2,057,000 after purchasing an additional 39,072 shares during the last quarter. Finally, EMC Capital Management lifted its holdings in shares of Arbor Realty Trust by 23,453.8% during the fourth quarter. EMC Capital Management now owns 18,843 shares of the real estate investment trust’s stock worth $261,000 after purchasing an additional 18,763 shares during the period. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Price Performance

Shares of NYSE ABR opened at $11.99 on Tuesday. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68. The firm’s 50 day simple moving average is $13.42 and its 200-day simple moving average is $14.15. Arbor Realty Trust, Inc. has a 12 month low of $11.43 and a 12 month high of $15.94. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 10.08 and a beta of 2.03.

Arbor Realty Trust (NYSE:ABRGet Free Report) 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 analysts’ consensus estimates of $0.41 by ($0.02). The firm had revenue of $262.87 million during 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%. Analysts expect that Arbor Realty Trust, Inc. will post 1.65 EPS for the current year.

Arbor Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be issued a $0.43 dividend. The ex-dividend date is Friday, March 7th. This represents a $1.72 dividend on an annualized basis and a yield of 14.35%. Arbor Realty Trust’s payout ratio is 144.54%.

Wall Street Analysts Forecast Growth

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

View Our Latest Research Report on ABR

Insiders Place Their Bets

In other Arbor Realty Trust news, Director William C. Green bought 5,269 shares of Arbor Realty Trust stock in a transaction dated Thursday, December 5th. The stock was acquired at an average cost of $14.17 per share, with a total value of $74,661.73. Following the purchase, the director now directly owns 178,797 shares in the company, valued at $2,533,553.49. This represents a 3.04 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 3.70% of the stock is currently owned by company insiders.

About Arbor Realty Trust

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Arbor Realty Trust (NYSE:ABR)

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