Arbor Realty Trust, Inc. (NYSE:ABR) Shares Acquired by Sfmg LLC

Sfmg LLC lifted its stake in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 25.6% during the third quarter, Holdings Channel reports. The firm owned 17,509 shares of the real estate investment trust’s stock after purchasing an additional 3,569 shares during the quarter. Sfmg LLC’s holdings in Arbor Realty Trust were worth $272,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Wasatch Advisors LP raised its position in Arbor Realty Trust by 29.4% during the third quarter. Wasatch Advisors LP now owns 3,511,381 shares of the real estate investment trust’s stock valued at $54,637,000 after buying an additional 797,453 shares during the period. Certuity LLC acquired a new position in shares of Arbor Realty Trust in the 2nd quarter valued at about $4,305,000. TrueMark Investments LLC purchased a new stake in shares of Arbor Realty Trust in the second quarter worth approximately $2,893,000. Kestra Investment Management LLC acquired a new stake in shares of Arbor Realty Trust during the third quarter worth approximately $1,823,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Arbor Realty Trust by 52.3% during 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 in the last quarter. 57.25% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Arbor Realty Trust news, Director William C. Green purchased 5,269 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average cost of $14.17 per share, for a total transaction of $74,661.73. Following the transaction, the director now directly owns 178,797 shares in the company, valued at approximately $2,533,553.49. The trade was a 3.04 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 3.70% of the company’s stock.

Arbor Realty Trust Stock Down 0.8 %

NYSE ABR opened at $14.28 on Thursday. Arbor Realty Trust, Inc. has a 1-year low of $11.92 and a 1-year high of $16.35. The company has a market capitalization of $2.69 billion, a price-to-earnings ratio of 10.59 and a beta of 2.03. The stock’s 50 day moving average is $14.91 and its two-hundred day moving average is $14.26. The company has a current ratio of 35.68, a quick ratio of 35.68 and a debt-to-equity ratio of 2.67.

Arbor Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 12.04%. The ex-dividend date of this dividend was Friday, November 15th. Arbor Realty Trust’s dividend payout ratio (DPR) is 127.41%.

Analysts Set New Price Targets

ABR has been the topic of a number of research reports. Raymond James increased their price objective on Arbor Realty Trust from $15.00 to $16.00 and gave the stock an “outperform” rating in a report on Thursday, September 19th. JMP Securities upped their target price on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a research note on Friday, September 27th. Finally, JPMorgan Chase & Co. increased their target price on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the company an “underweight” rating in a research note on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Arbor Realty Trust presently has a consensus rating of “Hold” and an average price target of $14.25.

About Arbor Realty Trust

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.