ProShare Advisors LLC Purchases 17,625 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

ProShare Advisors LLC grew its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 3.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 612,058 shares of the real estate investment trust’s stock after buying an additional 17,625 shares during the quarter. ProShare Advisors LLC owned approximately 0.32% of Arbor Realty Trust worth $8,110,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Avior Wealth Management LLC lifted its position in shares of Arbor Realty Trust by 9.3% during the fourth quarter. Avior Wealth Management LLC now owns 8,939 shares of the real estate investment trust’s stock worth $136,000 after purchasing an additional 761 shares in the last quarter. Navis Wealth Advisors LLC lifted its position in shares of Arbor Realty Trust by 3.3% during the first quarter. Navis Wealth Advisors LLC now owns 24,369 shares of the real estate investment trust’s stock worth $323,000 after purchasing an additional 785 shares in the last quarter. Alpha Cubed Investments LLC lifted its position in shares of Arbor Realty Trust by 6.7% during the fourth quarter. Alpha Cubed Investments LLC now owns 13,184 shares of the real estate investment trust’s stock worth $200,000 after purchasing an additional 825 shares in the last quarter. Yousif Capital Management LLC lifted its position in shares of Arbor Realty Trust by 0.9% during the fourth quarter. Yousif Capital Management LLC now owns 93,220 shares of the real estate investment trust’s stock worth $1,415,000 after purchasing an additional 845 shares in the last quarter. Finally, Comerica Bank lifted its position in shares of Arbor Realty Trust by 1.0% during the fourth quarter. Comerica Bank now owns 96,931 shares of the real estate investment trust’s stock worth $1,471,000 after purchasing an additional 980 shares in the last quarter. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Arbor Realty Trust Trading Down 1.6 %

ABR traded down $0.22 during mid-day trading on Wednesday, hitting $13.49. The stock had a trading volume of 6,175,124 shares, compared to its average volume of 4,548,542. The stock’s fifty day simple moving average is $13.95 and its 200-day simple moving average is $13.50. The company has a debt-to-equity ratio of 3.14, a current ratio of 36.63 and a quick ratio of 36.63. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 8.66 and a beta of 2.03. Arbor Realty Trust, Inc. has a 1-year low of $11.77 and a 1-year high of $17.74.

Arbor Realty Trust Dividend Announcement

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

Wall Street Analyst Weigh In

ABR has been the topic of several analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Arbor Realty Trust from $12.00 to $11.50 and set an “underweight” rating on the stock in a report on Tuesday. Wedbush restated a “neutral” rating and issued a $13.00 price objective on shares of Arbor Realty Trust in a report on Monday, May 6th. Keefe, Bruyette & Woods increased their price objective on shares of Arbor Realty Trust from $13.25 to $14.00 and gave the company a “market perform” rating in a report on Wednesday, July 10th. Finally, JMP Securities cut their price objective on shares of Arbor Realty Trust from $17.00 to $16.00 and set a “market outperform” rating on the stock in a report on Thursday, June 20th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Arbor Realty Trust has an average rating of “Hold” and an average target price 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.