Lighthouse Investment Partners LLC Purchases 225,775 Shares of Arbor Realty Trust $ABR

Lighthouse Investment Partners LLC raised its position in shares of Arbor Realty Trust (NYSE:ABR) by 184.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 348,371 shares of the real estate investment trust’s stock after acquiring an additional 225,775 shares during the period. Lighthouse Investment Partners LLC owned approximately 0.18% of Arbor Realty Trust worth $4,254,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Amalgamated Bank increased its stake in shares of Arbor Realty Trust by 1.9% in the third quarter. Amalgamated Bank now owns 55,643 shares of the real estate investment trust’s stock worth $679,000 after purchasing an additional 1,062 shares during the period. Jamison Private Wealth Management Inc. boosted its stake in Arbor Realty Trust by 7.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 15,108 shares of the real estate investment trust’s stock valued at $184,000 after purchasing an additional 1,086 shares during the period. Allworth Financial LP grew its holdings in Arbor Realty Trust by 77.8% in the 2nd quarter. Allworth Financial LP now owns 2,583 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 1,130 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in Arbor Realty Trust by 6.9% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 17,527 shares of the real estate investment trust’s stock valued at $214,000 after buying an additional 1,130 shares during the last quarter. Finally, Byrne Financial Freedom LLC increased its position in Arbor Realty Trust by 8.0% in the 2nd quarter. Byrne Financial Freedom LLC now owns 15,548 shares of the real estate investment trust’s stock worth $166,000 after buying an additional 1,157 shares during the period. 57.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ABR has been the subject of a number of research analyst reports. Weiss Ratings lowered Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 24th. Piper Sandler dropped their target price on shares of Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating on the stock in a research report on Monday, December 22nd. Keefe, Bruyette & Woods upped their target price on shares of Arbor Realty Trust from $7.50 to $8.00 and gave the company an “underperform” rating in a research note on Wednesday, March 4th. Wall Street Zen raised shares of Arbor Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Zacks Research upgraded shares of Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Friday, February 20th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $9.50.

Arbor Realty Trust Price Performance

Shares of NYSE:ABR opened at $7.72 on Tuesday. Arbor Realty Trust has a 1-year low of $7.11 and a 1-year high of $12.57. The firm has a market capitalization of $1.49 billion, a PE ratio of 14.03 and a beta of 1.36. The business’s 50 day moving average is $7.85 and its 200-day moving average is $9.39. The company has a current ratio of 394.59, a quick ratio of 394.59 and a debt-to-equity ratio of 2.41.

Arbor Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.30 per share. The ex-dividend date is Tuesday, March 10th. This represents a $1.20 dividend on an annualized basis and a yield of 15.6%. Arbor Realty Trust’s payout ratio is currently 218.18%.

Arbor Realty Trust Company Profile

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.