BNP Paribas Financial Markets Has $586,000 Position in Arbor Realty Trust, Inc. (NYSE:ABR)

BNP Paribas Financial Markets decreased its stake in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 54.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,310 shares of the real estate investment trust's stock after selling 49,900 shares during the quarter. BNP Paribas Financial Markets' holdings in Arbor Realty Trust were worth $586,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in ABR. Bernard Wealth Management Corp. bought a new stake in shares of Arbor Realty Trust in the 4th quarter valued at about $36,000. Smartleaf Asset Management LLC grew its holdings in 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 purchasing an additional 1,934 shares during the period. Quarry LP increased its stake in Arbor Realty Trust by 249.6% in the fourth quarter. Quarry LP now owns 3,531 shares of the real estate investment trust's stock valued at $49,000 after purchasing an additional 2,521 shares in the last quarter. Shakespeare Wealth Management LLC acquired a new stake in Arbor Realty Trust in the fourth quarter worth $59,000. Finally, IFP Advisors Inc boosted its position in shares of Arbor Realty Trust by 82.3% during the fourth quarter. IFP Advisors Inc now owns 4,431 shares of the real estate investment trust's stock worth $61,000 after purchasing an additional 2,000 shares in the last quarter. Institutional investors and hedge funds own 57.25% of the company's stock.

Arbor Realty Trust Stock Up 4.1%

Shares of ABR traded up $0.39 during midday trading on Tuesday, hitting $9.87. The stock had a trading volume of 5,693,149 shares, compared to its average volume of 3,292,885. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 8.29 and a beta of 1.50. The company has a 50 day simple moving average of $10.93 and a two-hundred day simple moving average of $12.69. Arbor Realty Trust, Inc. has a twelve month low of $8.43 and a twelve month high of $15.94. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last announced its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 firm had revenue of $262.87 million during the quarter, compared to analyst estimates of $88.92 million. On average, analysts anticipate that Arbor Realty Trust, Inc. will post 1.65 EPS for the current year.

Arbor Realty Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 12.16%. Arbor Realty Trust's dividend payout ratio (DPR) is presently 115.38%.

Wall Street Analyst Weigh In

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

Insider Activity

In other Arbor Realty Trust news, CEO Ivan Kaufman bought 140,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The stock was acquired at an average price of $9.43 per share, with a total value of $1,320,200.00. Following the completion of the transaction, the chief executive officer now owns 1,929,816 shares in the company, valued at approximately $18,198,164.88. This trade represents a 7.82% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have acquired 210,000 shares of company stock worth $1,942,000 over the last ninety days. Insiders own 3.70% of the company's stock.

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.