Capital Fund Management S.A. Acquires Shares of 84,447 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 stake in Arbor Realty Trust (NYSE:ABR - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 84,447 shares of the real estate investment trust's stock, valued at approximately $992,000.

Other large investors have also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. acquired a new stake in Arbor Realty Trust in the first quarter valued at $250,000. Cambridge Investment Research Advisors Inc. lifted its stake in Arbor Realty Trust by 5.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 499,202 shares of the real estate investment trust's stock valued at $5,866,000 after acquiring an additional 27,153 shares during the last quarter. GAMMA Investing LLC lifted its stake in 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 acquiring an additional 2,308 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Arbor Realty Trust by 10.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 819,497 shares of the real estate investment trust's stock valued at $11,350,000 after acquiring an additional 74,763 shares during the last quarter. Finally, Teacher Retirement System of Texas acquired a new stake in Arbor Realty Trust in the first quarter valued at $324,000. Institutional investors and hedge funds own 57.25% of the company's stock.

Arbor Realty Trust Stock Performance

Arbor Realty Trust stock traded up $0.12 during trading hours on Monday, hitting $11.94. The company had a trading volume of 2,157,405 shares, compared to its average volume of 2,379,114. The firm has a market cap of $2.30 billion, a PE ratio of 13.12 and a beta of 1.35. The company has a debt-to-equity ratio of 2.06, a current ratio of 38.37 and a quick ratio of 38.37. Arbor Realty Trust has a one year low of $8.43 and a one year high of $15.94. The firm has a 50-day moving average of $11.43 and a 200 day moving average of $11.24.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.03). The company had revenue of $27.44 million during the quarter, compared to the consensus estimate of $76.99 million. Arbor Realty Trust had a net margin of 20.75% and a return on equity of 12.26%. On average, sell-side analysts expect that Arbor Realty Trust will post 1.65 earnings per share for the current year.

Arbor Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 10.1%. The ex-dividend date of this dividend was Friday, August 15th. Arbor Realty Trust's dividend payout ratio is currently 131.87%.

Wall Street Analyst Weigh In

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

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.