Arbor Realty Trust, Inc. (NYSE:ABR) Shares Purchased by Entropy Technologies LP

Entropy Technologies LP boosted its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 24.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 87,851 shares of the real estate investment trust’s stock after purchasing an additional 17,021 shares during the period. Entropy Technologies LP’s holdings in Arbor Realty Trust were worth $1,164,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Westside Investment Management Inc. acquired a new stake in Arbor Realty Trust in the first quarter worth approximately $27,000. Cape Investment Advisory Inc. lifted its position in shares of Arbor Realty Trust by 671.7% during the 4th quarter. Cape Investment Advisory Inc. now owns 2,315 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 2,015 shares during the last quarter. ICA Group Wealth Management LLC acquired a new stake in shares of Arbor Realty Trust during the 4th quarter valued at $35,000. Sound Income Strategies LLC lifted its position in shares of Arbor Realty Trust by 322.1% during the 4th quarter. Sound Income Strategies LLC now owns 2,347 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 1,791 shares during the last quarter. Finally, Scarborough Advisors LLC acquired a new stake in shares of Arbor Realty Trust during the 4th quarter valued at $38,000. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Arbor Realty Trust Stock Down 1.6 %

NYSE:ABR traded down $0.22 during trading hours on Wednesday, hitting $13.49. 6,179,738 shares of the stock traded hands, compared to its average volume of 4,548,570. The firm has a 50 day moving average price of $13.95 and a 200 day moving average price of $13.50. The company has a current ratio of 36.63, a quick ratio of 36.63 and a debt-to-equity ratio of 3.14. Arbor Realty Trust, Inc. has a fifty-two week low of $11.77 and a fifty-two week high of $17.74. The firm has a market cap of $2.54 billion, a price-to-earnings ratio of 8.38 and a beta of 2.03.

Arbor Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Friday, May 17th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 12.75%. The ex-dividend date of this dividend was Thursday, May 16th. Arbor Realty Trust’s dividend payout ratio (DPR) is presently 106.83%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on ABR shares. JMP Securities cut their price objective on Arbor Realty Trust from $17.00 to $16.00 and set a “market outperform” rating for the company in a research report on Thursday, June 20th. JPMorgan Chase & Co. cut their price objective on Arbor Realty Trust from $12.00 to $11.50 and set an “underweight” rating for the company in a research report on Tuesday. Keefe, Bruyette & Woods increased their price objective on Arbor Realty Trust from $13.25 to $14.00 and gave the company a “market perform” rating in a research report on Wednesday, July 10th. Finally, Wedbush reissued a “neutral” rating and set a $13.00 target price on shares of Arbor Realty Trust in a research note on Monday, May 6th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $14.58.

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.