Deutsche Bank AG Acquires Shares of 207,004 Arbor Realty Trust $ABR

Key Points

• Deutsche Bank acquired 207,004 shares of Arbor Realty Trust in the second quarter, valued at approximately $1.12 million, giving it a 0.11% stake. Institutional investors collectively own 57.25% of the company.
• Analyst sentiment remains negative: four analysts rate the stock a Sell, one rates it Hold and one rates it Buy. The consensus rating is “Reduce,” with an average price target of $6.00 versus a recent price of $5.08.
• Arbor Realty Trust exceeded quarterly earnings expectations, reporting $0.10 in EPS and $117.83 million in revenue, while maintaining a quarterly dividend of $0.17, equivalent to a 13.4% annualized yield.

Deutsche Bank AG purchased a new stake in Arbor Realty Trust (NYSE:ABR - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 207,004 shares of the real estate investment trust's stock, valued at approximately $1,122,000. Deutsche Bank AG owned 0.11% of Arbor Realty Trust at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Baxter Bros Inc. purchased a new stake in shares of Arbor Realty Trust during the 2nd quarter worth $114,000. Bank of New York Mellon Corp purchased a new position in shares of Arbor Realty Trust in the 2nd quarter valued at about $7,702,000. State of Wyoming acquired a new stake in shares of Arbor Realty Trust in the second quarter valued at about $94,000. Allied Private Wealth LLC purchased a new stake in Arbor Realty Trust during the second quarter worth about $62,000. Finally, Bank of America Corp DE boosted its holdings in Arbor Realty Trust by 13.6% during the first quarter. Bank of America Corp DE now owns 486,195 shares of the real estate investment trust's stock worth $3,749,000 after buying an additional 58,372 shares in the last quarter. Hedge funds and other institutional investors own 57.25% of the company's stock.

Analyst Upgrades and Downgrades

ABR has been the topic of several research analyst reports. Citizens Jmp decreased their price target on Arbor Realty Trust from $9.50 to $8.50 and set a "market outperform" rating on the stock in a research note on Thursday, May 14th. Keefe, Bruyette & Woods decreased their target price on Arbor Realty Trust from $5.50 to $5.00 and set an "underperform" rating on the stock in a research report on Monday, August 3rd. JPMorgan Chase & Co. upgraded Arbor Realty Trust from an "underweight" rating to a "neutral" rating and dropped their price target for the company from $7.00 to $5.50 in a research report on Friday, July 17th. Piper Sandler cut their price target on Arbor Realty Trust from $5.50 to $5.00 and set an "underweight" rating for the company in a research note on Monday, August 3rd. Finally, Zacks Research lowered shares of Arbor Realty Trust from a "hold" rating to a "strong sell" rating in a research report on Thursday, July 16th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Reduce" and an average target price of $6.00.

Arbor Realty Trust Price Performance

NYSE:ABR opened at $5.08 on Monday. Arbor Realty Trust has a 12-month low of $4.73 and a 12-month high of $12.57. The firm has a market cap of $947.72 million, a price-to-earnings ratio of 72.57 and a beta of 1.15. The company's 50-day moving average is $5.12 and its two-hundred day moving average is $6.37. The company has a current ratio of 478.85, a quick ratio of 478.85 and a debt-to-equity ratio of 2.33.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The real estate investment trust reported $0.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.05 by $0.05. The business had revenue of $117.83 million during the quarter, compared to analyst estimates of $107.75 million. Arbor Realty Trust had a net margin of 6.24% and a return on equity of 7.38%. Research analysts expect that Arbor Realty Trust will post 0.29 EPS for the current year.

Arbor Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 13.4%. The ex-dividend date of this dividend was Friday, August 14th. Arbor Realty Trust's dividend payout ratio (DPR) is presently 971.43%.

About Arbor Realty Trust

Arbor Realty Trust, Inc NYSE: ABR is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders.

Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments.

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