MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Grows Stock Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 10.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 819,497 shares of the real estate investment trust's stock after buying an additional 74,763 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.43% of Arbor Realty Trust worth $11,350,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ABR. Dunhill Financial LLC acquired a new stake in Arbor Realty Trust in the 4th quarter valued at about $29,000. Smartleaf Asset Management LLC raised its holdings in Arbor Realty Trust by 280.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,624 shares of the real estate investment trust's stock valued at $36,000 after acquiring an additional 1,934 shares during the last quarter. Bernard Wealth Management Corp. acquired a new stake in Arbor Realty Trust in the 4th quarter valued at about $36,000. Quarry LP increased its holdings in shares of Arbor Realty Trust by 249.6% during the 4th quarter. Quarry LP now owns 3,531 shares of the real estate investment trust's stock worth $49,000 after buying an additional 2,521 shares during the last quarter. Finally, Shakespeare Wealth Management LLC acquired a new stake in shares of Arbor Realty Trust during the 4th quarter worth approximately $59,000. 57.25% of the stock is owned by hedge funds and other institutional investors.

Arbor Realty Trust Trading Down 1.6%

Shares of NYSE:ABR traded down $0.16 during mid-day trading on Tuesday, reaching $10.01. 4,108,911 shares of the company were exchanged, compared to its average volume of 3,189,122. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 8.41 and a beta of 1.50. The firm's 50-day simple moving average is $11.22 and its 200 day simple moving average is $12.89. Arbor Realty Trust, Inc. has a 1 year low of $9.66 and a 1 year high of $15.94.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last issued 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). Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. The business had revenue of $262.87 million during the quarter, compared to analysts' expectations of $88.92 million. Equities research analysts forecast that Arbor Realty Trust, Inc. will post 1.65 EPS for the current year.

Arbor Realty Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 11.99%. Arbor Realty Trust's dividend payout ratio is presently 115.38%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ABR shares. Raymond James downgraded shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a report on Monday, February 24th. Keefe, Bruyette & Woods cut their price target on shares of Arbor Realty Trust from $11.75 to $11.00 and set a "market perform" rating for the company in a report on Tuesday, May 6th. Finally, JPMorgan Chase & Co. cut their price target on shares of Arbor Realty Trust from $10.50 to $10.00 and set an "underweight" rating for the company in a report on Monday, May 5th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $13.20.

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.