Alpha Cubed Investments LLC Has $194,000 Stock Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Alpha Cubed Investments LLC reduced its stake in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 7.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,009 shares of the real estate investment trust’s stock after selling 1,115 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Arbor Realty Trust were worth $194,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Arbor Realty Trust by 52.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,456 shares of the real estate investment trust’s stock worth $4,535,000 after buying an additional 100,055 shares in the last quarter. Pathstone Holdings LLC boosted its position in shares of Arbor Realty Trust by 42.0% during the 3rd quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust’s stock worth $2,057,000 after acquiring an additional 39,072 shares in the last quarter. Edgestream Partners L.P. bought a new position in Arbor Realty Trust in the third quarter valued at approximately $1,443,000. Intech Investment Management LLC acquired a new position in Arbor Realty Trust during the third quarter valued at approximately $820,000. Finally, Geode Capital Management LLC lifted its stake in Arbor Realty Trust by 1.1% during the third quarter. Geode Capital Management LLC now owns 4,298,957 shares of the real estate investment trust’s stock worth $66,905,000 after purchasing an additional 45,370 shares during the last quarter. Institutional investors own 57.25% of the company’s stock.

Insider Activity

In related news, Director William C. Green acquired 5,269 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was acquired at an average cost of $14.17 per share, for a total transaction of $74,661.73. Following the completion of the acquisition, the director now directly owns 178,797 shares of the company’s stock, valued at approximately $2,533,553.49. This trade represents a 3.04 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 3.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ABR shares. Keefe, Bruyette & Woods lowered their price target on 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. JMP Securities boosted their target price on Arbor Realty Trust from $16.00 to $16.50 and gave the stock a “market outperform” rating in a research note on Friday, September 27th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating on the stock in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, Arbor Realty Trust presently has an average rating of “Hold” and an average price target of $14.00.

Arbor Realty Trust Stock Performance

NYSE:ABR opened at $13.61 on Wednesday. The stock’s 50-day moving average is $14.12 and its 200-day moving average is $14.22. Arbor Realty Trust, Inc. has a 1-year low of $11.92 and a 1-year high of $15.94. 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 stock has a market cap of $2.57 billion, a P/E ratio of 10.08 and a beta of 2.04.

Arbor Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 12.64%. The ex-dividend date was Friday, November 15th. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 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.