Capital Fund Management S.A. Invests $992,000 in Arbor Realty Trust $ABR

Key Points

• Capital Fund Management S.A. invested approximately $992,000 in Arbor Realty Trust by purchasing 84,447 shares in the 1st quarter, according to its SEC filing.
• The company reported $0.24 EPS in the last earnings quarter, missing the consensus estimate of $0.27 by ($0.03), while its revenue was significantly lower than expected.
• Arbor Realty Trust recently declared a quarterly dividend of $0.30 per share, representing a 10.1% dividend yield based on its annualized payout.

Capital Fund Management S.A. purchased a new position in Arbor Realty Trust (NYSE:ABR - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 84,447 shares of the real estate investment trust's stock, valued at approximately $992,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Covestor Ltd grew its stake in shares of Arbor Realty Trust by 14.7% in the first quarter. Covestor Ltd now owns 8,965 shares of the real estate investment trust's stock worth $105,000 after purchasing an additional 1,146 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of Arbor Realty Trust by 12.1% in the fourth quarter. Integrated Wealth Concepts LLC now owns 11,810 shares of the real estate investment trust's stock valued at $164,000 after buying an additional 1,272 shares during the period. Moors & Cabot Inc. lifted its holdings in shares of Arbor Realty Trust by 11.1% in the first quarter. Moors & Cabot Inc. now owns 15,000 shares of the real estate investment trust's stock valued at $176,000 after buying an additional 1,500 shares during the period. Dunhill Financial LLC acquired a new stake in shares of Arbor Realty Trust in the fourth quarter valued at $29,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Arbor Realty Trust by 223.0% in the first 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 period. Institutional investors own 57.25% of the company's stock.

Arbor Realty Trust Stock Performance

ABR opened at $11.83 on Wednesday. The business has a fifty day simple moving average of $11.30 and a 200-day simple moving average of $11.30. The company has a quick ratio of 38.37, a current ratio of 38.37 and a debt-to-equity ratio of 2.06. Arbor Realty Trust has a fifty-two week low of $8.43 and a fifty-two week high of $15.94. The firm has a market cap of $2.27 billion, a PE ratio of 12.99 and a beta of 1.37.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last announced its earnings results on Friday, August 1st. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.03). The firm had revenue of $27.44 million for the quarter, compared to analyst estimates of $76.99 million. Arbor Realty Trust had a net margin of 20.75% and a return on equity of 12.26%. As a group, equities analysts predict that Arbor Realty Trust will post 1.65 EPS for the current fiscal year.

Arbor Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a dividend of $0.30 per share. The ex-dividend date is Friday, August 15th. This represents a $1.20 annualized dividend and a dividend yield of 10.1%. Arbor Realty Trust's dividend payout ratio is 131.87%.

Analyst Ratings Changes

Several brokerages have recently weighed in on ABR. Zacks Research lowered Arbor Realty Trust from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 13th. Keefe, Bruyette & Woods upped their price objective on Arbor Realty Trust from $11.00 to $11.50 and gave the company a "market perform" rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. cut their price objective on Arbor Realty Trust from $10.50 to $10.00 and set an "underweight" rating for the company in a report on Monday, May 5th. Finally, JMP Securities cut their price objective on Arbor Realty Trust from $13.50 to $13.00 and set a "market outperform" rating for the company in a report on Tuesday, August 19th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average target price of $12.63.

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.

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