Arbor Realty Trust, Inc. (NYSE:ABR) Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC increased its holdings in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 24.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,943 shares of the real estate investment trust’s stock after acquiring an additional 4,534 shares during the quarter. Global Retirement Partners LLC’s holdings in Arbor Realty Trust were worth $318,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Harbor Capital Advisors Inc. acquired a new stake in shares of Arbor Realty Trust during the 3rd quarter worth approximately $38,000. Glenmede Trust Co. NA grew its stake 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 during the last quarter. KBC Group NV increased its position in Arbor Realty Trust by 39.1% in the third quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust’s stock worth $100,000 after buying an additional 1,796 shares during the period. Prospera Private Wealth LLC acquired a new stake in Arbor Realty Trust in the third quarter worth $102,000. Finally, ORG Partners LLC bought a new stake in Arbor Realty Trust in the fourth quarter valued at $104,000. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Stock Down 2.9 %

ABR stock opened at $11.65 on Tuesday. The firm’s 50-day moving average is $13.59 and its two-hundred day moving average is $14.20. 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 company has a market capitalization of $2.20 billion, a price-to-earnings ratio of 8.63 and a beta of 2.03. Arbor Realty Trust, Inc. has a 52 week low of $11.46 and a 52 week high of $15.94.

Arbor Realty Trust (NYSE:ABR) last announced its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.02). The firm had revenue of $262.87 million for the quarter, compared to the consensus estimate of $88.92 million. Arbor Realty Trust had a return on equity of 14.94% and a net margin of 23.99%. On average, analysts forecast that Arbor Realty Trust, Inc. will post 1.68 earnings per share for the current fiscal year.

Arbor Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be paid a dividend of $0.43 per share. The ex-dividend date is Friday, March 7th. This represents a $1.72 annualized dividend and a yield of 14.76%. Arbor Realty Trust’s dividend payout ratio is currently 144.54%.

Insider Buying and Selling

In other Arbor Realty Trust news, Director William C. Green purchased 5,269 shares of the business’s stock in a transaction on Thursday, December 5th. The stock was bought at an average cost of $14.17 per share, with a total value of $74,661.73. Following the acquisition, the director now owns 178,797 shares of the company’s stock, valued at $2,533,553.49. The trade was a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. lowered their price target on shares of Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research report on Tuesday, January 21st. Keefe, Bruyette & Woods decreased their target price on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a research report on Tuesday, January 14th. Finally, Raymond James cut Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a report on Monday. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $14.00.

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.