Arbor Realty Trust, Inc. (NYSE:ABR) Shares Acquired by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 10.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 819,497 shares of the real estate investment trust's stock after purchasing an additional 74,763 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.43% of Arbor Realty Trust worth $11,350,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

ABR has been the subject of several analyst reports. Raymond James downgraded shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research report on Monday, February 24th. JPMorgan Chase & Co. dropped their target price on shares of Arbor Realty Trust from $10.50 to $10.00 and set an "underweight" rating on the stock in a report on Monday, May 5th. Finally, Keefe, Bruyette & Woods dropped their target price on shares of Arbor Realty Trust from $11.75 to $11.00 and set a "market perform" rating on the stock in a report on Tuesday, May 6th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Arbor Realty Trust has an average rating of "Hold" and an average price target of $13.20.

Arbor Realty Trust Price Performance

NYSE ABR traded down $0.49 on Thursday, reaching $8.59. The company had a trading volume of 4,309,999 shares, compared to its average volume of 3,231,650. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. The stock has a market capitalization of $1.65 billion, a PE ratio of 7.21 and a beta of 1.50. The firm's 50 day moving average price is $11.11 and its 200 day moving average price is $12.84. Arbor Realty Trust, Inc. has a 12 month low of $8.44 and a 12 month high of $15.94.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last posted its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02). Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. The business had revenue of $262.87 million during the quarter, compared to the consensus estimate of $88.92 million. As a group, equities analysts predict that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current year.

Arbor Realty Trust Cuts Dividend

The business also recently disclosed 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 13.96%. Arbor Realty Trust's dividend payout ratio (DPR) is 115.38%.

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.