Arbor Realty Trust, Inc. (NYSE:ABR) Shares Acquired by Navellier & Associates Inc.

Navellier & Associates Inc. lifted its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 12.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,240 shares of the real estate investment trust’s stock after buying an additional 2,225 shares during the quarter. Navellier & Associates Inc.’s holdings in Arbor Realty Trust were worth $280,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Harbor Capital Advisors Inc. acquired a new position in shares of Arbor Realty Trust during the 3rd quarter worth $38,000. Glenmede Trust Co. NA raised its stake in shares of 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 raised its stake in shares of Arbor Realty Trust by 39.1% during the 3rd 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 last quarter. Prospera Private Wealth LLC acquired a new position in shares of Arbor Realty Trust during the 3rd quarter worth $102,000. Finally, ORG Partners LLC acquired a new position in shares of Arbor Realty Trust during the 4th quarter worth $104,000. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Trading Down 13.3 %

Shares of ABR stock opened at $12.00 on Monday. 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 $2.26 billion, a price-to-earnings ratio of 8.89 and a beta of 2.03. The firm has a 50-day moving average price of $13.65 and a 200 day moving average price of $14.21. Arbor Realty Trust, Inc. has a twelve month low of $11.87 and a twelve month high of $15.94.

Arbor Realty Trust (NYSE:ABR) last posted its quarterly 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 business had revenue of $262.87 million during the quarter, compared to analysts’ expectations of $88.92 million. Arbor Realty Trust had a net margin of 23.99% and a return on equity of 14.94%. Research analysts forecast that Arbor Realty Trust, Inc. will post 1.68 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on ABR. JPMorgan Chase & Co. cut their price target on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods cut 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 note on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Arbor Realty Trust has a consensus rating of “Hold” and an average target price of $14.00.

Insider Buying and Selling at Arbor Realty Trust

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

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.