Arbor Realty Trust, Inc. (NYSE:ABR) Given Consensus Recommendation of “Hold” by Analysts

Shares of Arbor Realty Trust, Inc. (NYSE:ABR) have received an average recommendation of “Hold” from the six research firms that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $14.00.

Several research analysts have commented on the company. JPMorgan Chase & Co. dropped their price target on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating on the stock in a research report on Tuesday, January 21st. Keefe, Bruyette & Woods dropped their target price on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating on the stock in a research report on Tuesday, January 14th.

Arbor Realty Trust Trading Up 1.5 %

Shares of NYSE:ABR opened at $13.60 on Tuesday. Arbor Realty Trust has a 52-week low of $11.92 and a 52-week high of $15.94. The company has a debt-to-equity ratio of 2.67, a quick ratio of 35.68 and a current ratio of 35.68. The company has a market cap of $2.56 billion, a P/E ratio of 10.07 and a beta of 2.04. The stock’s 50-day moving average is $13.99 and its 200-day moving average is $14.18.

Arbor Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were given a $0.43 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.72 annualized dividend and a yield of 12.65%. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 127.41%.

Insider Buying and Selling at Arbor Realty Trust

In other Arbor Realty Trust news, Director William C. Green purchased 5,269 shares of the business’s stock in a transaction on Thursday, December 5th. The stock was purchased at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the completion of the purchase, the director now directly owns 178,797 shares in the company, valued at approximately $2,533,553.49. This trade represents a 3.04 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.70% of the company’s stock.

Hedge Funds Weigh In On Arbor Realty Trust

Hedge funds and other institutional investors have recently modified their holdings of the stock. EMC Capital Management grew its position in Arbor Realty Trust by 23,453.8% in the fourth quarter. EMC Capital Management now owns 18,843 shares of the real estate investment trust’s stock valued at $261,000 after acquiring an additional 18,763 shares during the period. Perigon Wealth Management LLC bought a new stake in shares of Arbor Realty Trust in the 4th quarter worth about $417,000. KBC Group NV increased its position in shares of Arbor Realty Trust by 42.7% during the 4th quarter. KBC Group NV now owns 9,126 shares of the real estate investment trust’s stock worth $126,000 after purchasing an additional 2,731 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Arbor Realty Trust during the 4th quarter worth about $1,144,000. Finally, Nisa Investment Advisors LLC boosted its position in Arbor Realty Trust by 29.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust’s stock valued at $1,459,000 after buying an additional 23,987 shares in the last quarter. Institutional investors own 57.25% of the company’s stock.

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.