Citizens Jmp Cuts Arbor Realty Trust (NYSE:ABR) Price Target to $11.00

Arbor Realty Trust (NYSE:ABR) had its price target cut by investment analysts at Citizens Jmp from $12.00 to $11.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “market outperform” rating on the real estate investment trust’s stock. Citizens Jmp’s price target would indicate a potential upside of 49.15% from the stock’s current price.

A number of other equities analysts also recently weighed in on the company. Wall Street Zen downgraded Arbor Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. JPMorgan Chase & Co. dropped their target price on shares of Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Thursday, December 4th. Keefe, Bruyette & Woods upped their price target on shares of Arbor Realty Trust from $7.50 to $8.00 and gave the stock an “underperform” rating in a report on Wednesday, March 4th. Zacks Research lowered shares of Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 25th. Finally, Weiss Ratings downgraded shares of Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Buy rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, Arbor Realty Trust currently has a consensus rating of “Strong Sell” and a consensus price target of $9.00.

Arbor Realty Trust Stock Down 1.8%

ABR traded down $0.14 during trading on Thursday, reaching $7.38. The company had a trading volume of 517,105 shares, compared to its average volume of 4,109,070. The company has a market cap of $1.42 billion, a P/E ratio of 13.41 and a beta of 1.33. Arbor Realty Trust has a 12 month low of $7.11 and a 12 month high of $12.57. The company has a debt-to-equity ratio of 2.41, a current ratio of 394.59 and a quick ratio of 394.59. The business’s fifty day moving average price is $7.75 and its 200 day moving average price is $9.05.

Hedge Funds Weigh In On Arbor Realty Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC boosted its position in Arbor Realty Trust by 73.5% during the second quarter. Smartleaf Asset Management LLC now owns 2,774 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 1,175 shares during the last quarter. HM Payson & Co. acquired a new stake in shares of Arbor Realty Trust during the 3rd quarter worth approximately $31,000. Bayforest Capital Ltd bought a new stake in shares of Arbor Realty Trust in the 4th quarter valued at $39,000. Rothschild Investment LLC lifted its position in shares of Arbor Realty Trust by 1,264.6% during the 3rd quarter. Rothschild Investment LLC now owns 3,275 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 3,035 shares during the period. Finally, Garton & Associates Financial Advisors LLC acquired a new position in shares of Arbor Realty Trust during the 4th quarter valued at $42,000. Institutional investors own 57.25% of the company’s stock.

About Arbor Realty Trust

Arbor Realty Trust, Inc (NYSE: ABR) is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders.

Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments.