26,567 Shares in Arbor Realty Trust, Inc. (NYSE:ABR) Purchased by XTX Topco Ltd

XTX Topco Ltd bought a new stake in shares of Arbor Realty Trust, Inc. (NYSE:ABR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 26,567 shares of the real estate investment trust’s stock, valued at approximately $413,000.

A number of other institutional investors have also recently made changes to their positions in ABR. State Street Corp lifted its position in Arbor Realty Trust by 0.5% during the third quarter. State Street Corp now owns 7,207,950 shares of the real estate investment trust’s stock valued at $112,156,000 after purchasing an additional 32,788 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Arbor Realty Trust by 83.7% during the 3rd quarter. HighTower Advisors LLC now owns 30,720 shares of the real estate investment trust’s stock valued at $481,000 after buying an additional 13,993 shares during the period. Kestra Investment Management LLC bought a new position in shares of Arbor Realty Trust during the 3rd quarter valued at $1,823,000. Wasatch Advisors LP boosted its stake in shares of Arbor Realty Trust by 29.4% in the 3rd quarter. Wasatch Advisors LP now owns 3,511,381 shares of the real estate investment trust’s stock worth $54,637,000 after buying an additional 797,453 shares during the last quarter. Finally, Edgestream Partners L.P. purchased a new stake in Arbor Realty Trust during the third quarter valued at $1,443,000. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Insider Activity at Arbor Realty Trust

In other Arbor Realty Trust news, Director William C. Green purchased 5,269 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was acquired at an average cost of $14.17 per share, for a total transaction of $74,661.73. Following the purchase, the director now directly owns 178,797 shares of the company’s stock, valued at $2,533,553.49. This trade represents a 3.04 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.70% of the stock is owned by corporate insiders.

Arbor Realty Trust Price Performance

NYSE ABR opened at $14.45 on Monday. 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, Inc. has a 12 month low of $11.92 and a 12 month high of $16.35. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 10.70 and a beta of 2.03. The company’s 50 day moving average is $14.88 and its two-hundred day moving average is $14.28.

Arbor Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were given a dividend of $0.43 per share. The ex-dividend date was Friday, November 15th. This represents a $1.72 annualized dividend and a dividend yield of 11.90%. Arbor Realty Trust’s payout ratio is 127.41%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. JMP Securities raised their target price 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. JPMorgan Chase & Co. raised their price objective on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a report on Thursday, October 17th. Finally, Raymond James upped their target price on shares of Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a report on Thursday, September 19th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock 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.