Cambridge Investment Research Advisors Inc. Has $5.87 Million Holdings in Arbor Realty Trust (NYSE:ABR)

Cambridge Investment Research Advisors Inc. raised its stake in Arbor Realty Trust (NYSE:ABR - Free Report) by 5.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 499,202 shares of the real estate investment trust's stock after buying an additional 27,153 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.26% of Arbor Realty Trust worth $5,866,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dunhill Financial LLC purchased a new position in shares of Arbor Realty Trust during the 4th quarter valued at $29,000. Smartleaf Asset Management LLC increased its position 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 worth $36,000 after purchasing an additional 1,934 shares during the last quarter. Bernard Wealth Management Corp. purchased a new stake in shares of Arbor Realty Trust during the 4th quarter worth about $36,000. GAMMA Investing LLC lifted its holdings in shares of 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 valued at $39,000 after buying an additional 2,308 shares during the last quarter. Finally, Quarry LP grew its stake in shares of Arbor Realty Trust by 249.6% in the 4th quarter. Quarry LP now owns 3,531 shares of the real estate investment trust's stock valued at $49,000 after buying an additional 2,521 shares in the last quarter. Hedge funds and other institutional investors own 57.25% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on ABR shares. JPMorgan Chase & Co. cut their price objective on shares of 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. Keefe, Bruyette & Woods dropped their price target on shares of Arbor Realty Trust from $11.75 to $11.00 and set a "market perform" rating on the stock in a research note on Tuesday, May 6th. Two equities research 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. Based on data from MarketBeat, Arbor Realty Trust presently has an average rating of "Hold" and a consensus price target of $13.20.

Insider Buying and Selling

In other news, CEO Ivan Kaufman bought 140,000 shares of the company's stock in a transaction that occurred on Wednesday, May 21st. The shares were purchased at an average price of $9.43 per share, for a total transaction of $1,320,200.00. Following the acquisition, the chief executive officer now directly owns 1,929,816 shares of the company's stock, valued at $18,198,164.88. The trade was a 7.82% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last three months, insiders bought 210,000 shares of company stock valued at $1,942,000. Company insiders own 3.80% of the company's stock.

Arbor Realty Trust Stock Down 1.7%

Shares of NYSE ABR traded down $0.18 during mid-day trading on Friday, reaching $10.56. 3,781,433 shares of the company traded hands, compared to its average volume of 3,336,803. The company's fifty day moving average is $10.40 and its two-hundred day moving average is $12.00. The company has a debt-to-equity ratio of 1.92, a quick ratio of 36.48 and a current ratio of 36.48. Arbor Realty Trust has a fifty-two week low of $8.43 and a fifty-two week high of $15.94. The stock has a market cap of $2.03 billion, a PE ratio of 10.15 and a beta of 1.36.

Arbor Realty Trust Cuts Dividend

The company also recently disclosed 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 payout ratio is 115.38%.

Arbor Realty Trust Company 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.