Analysts Set Arbor Realty Trust, Inc. (NYSE:ABR) Target Price at $14.25

Shares of Arbor Realty Trust, Inc. (NYSE:ABR) have been given an average recommendation of “Hold” by the six analysts that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $14.25.

A number of equities research analysts have issued reports on ABR shares. Raymond James boosted their price target on Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a research report on Thursday, September 19th. JPMorgan Chase & Co. lifted their price objective on Arbor Realty Trust from $12.00 to $13.50 and gave the company an “underweight” rating in a research note on Thursday, October 17th. Finally, JMP Securities increased their target price on shares of 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.

Insider Activity at Arbor Realty Trust

In other news, Director William C. Green acquired 5,269 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was bought at an average cost of $14.17 per share, with a total value 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. This represents a 3.04 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 3.70% of the company’s stock.

Institutional Trading of Arbor Realty Trust

A number of hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its stake in Arbor Realty Trust by 75.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 688 shares during the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of Arbor Realty Trust during the third quarter worth about $38,000. Glenmede Trust Co. NA grew its stake in Arbor Realty Trust by 33.1% in the third quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 701 shares in the last quarter. KBC Group NV increased its holdings in Arbor Realty Trust by 39.1% in the third quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust’s stock valued at $100,000 after buying an additional 1,796 shares during the last quarter. Finally, Prospera Private Wealth LLC bought a new stake in Arbor Realty Trust in the third quarter valued at about $102,000. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Stock Down 1.9 %

Shares of ABR opened at $13.66 on Friday. The firm has a market cap of $2.58 billion, a PE ratio of 10.12 and a beta of 2.03. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67. The company’s fifty day moving average is $14.64 and its two-hundred day moving average is $14.29. Arbor Realty Trust has a fifty-two week low of $11.92 and a fifty-two week high of $16.13.

Arbor Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were paid a $0.43 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 12.59%. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 127.41%.

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.