Arbor Realty Trust, Inc. (NYSE:ABR) Receives Consensus Rating of “Hold” from Analysts

Shares of Arbor Realty Trust, Inc. (NYSE:ABR) have been assigned an average rating of “Hold” from the six brokerages that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $14.17.

ABR has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their price target on Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a research note on Thursday, October 17th. JMP Securities lifted their price target on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a research report on Friday, September 27th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a report on Tuesday, January 14th.

Insider Buying and Selling at Arbor Realty Trust

In other Arbor Realty Trust news, Director William C. Green purchased 5,269 shares of the stock in a transaction on Thursday, December 5th. The shares were purchased at an average price of $14.17 per share, with a total value of $74,661.73. Following the acquisition, the director now directly owns 178,797 shares of the company’s stock, valued at $2,533,553.49. This represents a 3.04 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

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

Arbor Realty Trust Stock Up 1.4 %

ABR stock opened at $13.79 on Tuesday. The company has a current ratio of 35.68, a quick ratio of 35.68 and a debt-to-equity ratio of 2.67. The firm has a market cap of $2.60 billion, a PE ratio of 10.22 and a beta of 2.04. Arbor Realty Trust has a 1 year low of $11.92 and a 1 year high of $15.94. The company has a fifty day simple moving average of $14.15 and a 200 day simple moving average of $14.23.

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 dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 12.47%. The ex-dividend date was Friday, November 15th. Arbor Realty Trust’s dividend payout ratio (DPR) is presently 127.41%.

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.