Arbor Realty Trust (NYSE:ABR) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC trimmed its holdings in shares of Arbor Realty Trust (NYSE:ABR - Free Report) by 56.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,443 shares of the real estate investment trust's stock after selling 40,841 shares during the period. SG Americas Securities LLC's holdings in Arbor Realty Trust were worth $369,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Natixis Advisors LLC boosted its position in Arbor Realty Trust by 5.0% during the fourth quarter. Natixis Advisors LLC now owns 16,728 shares of the real estate investment trust's stock worth $232,000 after acquiring an additional 797 shares during the last quarter. Principal Securities Inc. boosted its stake in Arbor Realty Trust by 10.0% in the 4th quarter. Principal Securities Inc. now owns 9,062 shares of the real estate investment trust's stock worth $126,000 after buying an additional 825 shares during the last quarter. Xponance Inc. lifted its holdings in shares of Arbor Realty Trust by 10.0% during the 4th quarter. Xponance Inc. now owns 13,288 shares of the real estate investment trust's stock worth $184,000 after acquiring an additional 1,209 shares during the period. Summit Investment Advisors Inc. boosted its position in shares of Arbor Realty Trust by 6.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 19,266 shares of the real estate investment trust's stock worth $267,000 after acquiring an additional 1,223 shares during the last quarter. Finally, Monetary Management Group Inc. grew its holdings in Arbor Realty Trust by 25.0% in the fourth quarter. Monetary Management Group Inc. now owns 6,250 shares of the real estate investment trust's stock valued at $87,000 after purchasing an additional 1,250 shares during the period. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ABR. Keefe, Bruyette & Woods lowered their price objective on shares of Arbor Realty Trust from $11.75 to $11.00 and set a "market perform" rating for the company in a research note on Tuesday, May 6th. JPMorgan Chase & Co. cut their price objective on Arbor Realty Trust from $10.50 to $10.00 and set an "underweight" rating on the stock in a report on Monday, May 5th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $13.20.

Arbor Realty Trust Stock Down 1.7%

Arbor Realty Trust stock traded down $0.18 during trading on Friday, reaching $10.56. 3,781,485 shares of the company's stock were exchanged, compared to its average volume of 3,344,095. Arbor Realty Trust has a 52-week low of $8.43 and a 52-week high of $15.94. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 10.15 and a beta of 1.36. The company has a debt-to-equity ratio of 1.92, a quick ratio of 36.48 and a current ratio of 36.48. The company's 50-day moving average is $10.40 and its two-hundred day moving average is $12.00.

Arbor Realty Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.36%. Arbor Realty Trust's dividend payout ratio (DPR) is currently 115.38%.

Insider Activity at Arbor Realty Trust

In other news, CEO Ivan Kaufman purchased 10,000 shares of the company's stock in a transaction that occurred on Tuesday, May 20th. The shares were purchased at an average price of $9.98 per share, with a total value of $99,800.00. Following the purchase, the chief executive officer now directly owns 1,789,816 shares of the company's stock, valued at approximately $17,862,363.68. This represents a 0.56% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last ninety days, insiders have purchased 210,000 shares of company stock worth $1,942,000. 3.80% of the stock is currently owned by company insiders.

Arbor Realty Trust Profile

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.