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

SG Americas Securities LLC decreased its position in Arbor Realty Trust (NYSE:ABR - Free Report) by 56.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ABR. Dunhill Financial LLC acquired a new stake in Arbor Realty Trust during the 4th quarter worth about $29,000. Smartleaf Asset Management LLC grew its position in Arbor Realty Trust by 280.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,624 shares of the real estate investment trust's stock worth $36,000 after purchasing an additional 1,934 shares during the period. Bernard Wealth Management Corp. acquired a new stake in Arbor Realty Trust during the 4th quarter worth about $36,000. GAMMA Investing LLC grew its position in Arbor Realty Trust by 223.0% during the 1st quarter. GAMMA Investing LLC now owns 3,343 shares of the real estate investment trust's stock worth $39,000 after purchasing an additional 2,308 shares during the period. Finally, Quarry LP grew its position in 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 purchasing an additional 2,521 shares during the period. Hedge funds and other institutional investors own 57.25% of the company's stock.

Arbor Realty Trust Price Performance

Shares of NYSE:ABR traded down $0.18 during trading on Friday, reaching $10.56. 3,781,485 shares of the company's stock traded hands, compared to its average volume of 3,345,449. Arbor Realty Trust has a fifty-two week low of $8.43 and a fifty-two week high of $15.94. The company has a quick ratio of 36.48, a current ratio of 36.48 and a debt-to-equity ratio of 1.92. The firm has a market cap of $2.03 billion, a PE ratio of 10.15 and a beta of 1.37. The company has a 50-day simple moving average of $10.39 and a 200-day simple moving average of $11.94.

Arbor Realty Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were given a dividend of $0.30 per share. 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 presently 115.38%.

Insider Activity

In other news, CEO Ivan Kaufman acquired 60,000 shares of the stock in a transaction that occurred on Thursday, May 22nd. The shares were bought at an average cost of $8.70 per share, for a total transaction of $522,000.00. Following the acquisition, the chief executive officer now owns 1,989,816 shares in the company, valued at approximately $17,311,399.20. This represents a 3.11% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have acquired 210,000 shares of company stock worth $1,942,000 in the last ninety days. Company insiders own 3.80% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on ABR shares. Keefe, Bruyette & Woods cut their price target on Arbor Realty Trust from $11.75 to $11.00 and set a "market perform" rating on the stock in a research report on Tuesday, May 6th. JPMorgan Chase & Co. dropped their target price on Arbor Realty Trust from $10.50 to $10.00 and set an "underweight" rating on the stock in a research 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 given a buy rating to the company's stock. According to data from MarketBeat, Arbor Realty Trust has a consensus rating of "Hold" and an average target price of $13.20.

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.