AXS Investments LLC Lowers Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

AXS Investments LLC trimmed its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 20.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 156,728 shares of the real estate investment trust’s stock after selling 39,752 shares during the period. AXS Investments LLC’s holdings in Arbor Realty Trust were worth $2,379,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Avior Wealth Management LLC raised its stake in Arbor Realty Trust by 9.3% in the fourth quarter. Avior Wealth Management LLC now owns 8,939 shares of the real estate investment trust’s stock valued at $136,000 after buying an additional 761 shares in the last quarter. Alpha Cubed Investments LLC raised its stake in Arbor Realty Trust by 6.7% in the fourth quarter. Alpha Cubed Investments LLC now owns 13,184 shares of the real estate investment trust’s stock valued at $200,000 after buying an additional 825 shares in the last quarter. Yousif Capital Management LLC raised its stake in Arbor Realty Trust by 0.9% in the fourth quarter. Yousif Capital Management LLC now owns 93,220 shares of the real estate investment trust’s stock valued at $1,415,000 after buying an additional 845 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Arbor Realty Trust by 4.4% in the third quarter. Janney Montgomery Scott LLC now owns 21,133 shares of the real estate investment trust’s stock valued at $321,000 after buying an additional 882 shares in the last quarter. Finally, Private Advisor Group LLC raised its stake in Arbor Realty Trust by 1.1% in the third quarter. Private Advisor Group LLC now owns 83,160 shares of the real estate investment trust’s stock valued at $1,262,000 after buying an additional 902 shares in the last quarter. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Arbor Realty Trust news, Director William C. Green purchased 10,209 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The stock was purchased at an average cost of $12.93 per share, with a total value of $132,002.37. Following the transaction, the director now owns 162,809 shares in the company, valued at $2,105,120.37. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.70% of the stock is owned by corporate insiders.

Arbor Realty Trust Trading Down 1.9 %

Shares of NYSE ABR traded down $0.26 during trading on Thursday, hitting $13.23. 3,325,289 shares of the company traded hands, compared to its average volume of 4,686,649. Arbor Realty Trust, Inc. has a 1 year low of $11.77 and a 1 year high of $17.74. The company has a 50-day moving average price of $13.05 and a 200-day moving average price of $13.46. The firm has a market capitalization of $2.49 billion, a P/E ratio of 8.25 and a beta of 1.96. The company has a quick ratio of 36.63, a current ratio of 36.63 and a debt-to-equity ratio of 3.14.

Arbor Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $1.72 dividend on an annualized basis and a yield of 13.00%. Arbor Realty Trust’s dividend payout ratio (DPR) is 106.83%.

Analyst Ratings Changes

ABR has been the topic of several research reports. JMP Securities dropped their price objective on Arbor Realty Trust from $19.00 to $17.00 and set a “market outperform” rating on the stock in a report on Thursday, February 1st. Wedbush reiterated a “neutral” rating and set a $13.00 price target on shares of Arbor Realty Trust in a research report on Monday, May 6th. JPMorgan Chase & Co. reduced their price target on shares of Arbor Realty Trust from $12.50 to $12.00 and set an “underweight” rating for the company in a research report on Wednesday, April 10th. Keefe, Bruyette & Woods reduced their price target on shares of Arbor Realty Trust from $13.50 to $13.25 and set a “market perform” rating for the company in a research report on Wednesday, April 10th. Finally, TheStreet upgraded shares of Arbor Realty Trust from a “d+” rating to a “c” rating in a research report on Monday, March 18th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $14.71.

Arbor Realty Trust 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.