Deutsche Bank AG Purchases 51,053 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

Deutsche Bank AG increased its position in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 47.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 159,028 shares of the real estate investment trust's stock after purchasing an additional 51,053 shares during the quarter. Deutsche Bank AG owned approximately 0.08% of Arbor Realty Trust worth $2,203,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Dunhill Financial LLC acquired a new position in Arbor Realty Trust during the fourth quarter worth approximately $29,000. Bernard Wealth Management Corp. bought a new position in shares of Arbor Realty Trust during the 4th quarter worth approximately $36,000. Smartleaf Asset Management LLC increased its holdings in shares of Arbor Realty Trust by 280.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,624 shares of the real estate investment trust's stock worth $36,000 after acquiring an additional 1,934 shares during the last quarter. Quarry LP raised its stake in 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 acquiring an additional 2,521 shares during the period. Finally, Shakespeare Wealth Management LLC bought a new stake in Arbor Realty Trust in the 4th quarter valued at $59,000. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Arbor Realty Trust

In related news, CEO Ivan Kaufman acquired 140,000 shares of the stock in a transaction 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 purchase, the chief executive officer now directly owns 1,929,816 shares in the company, valued at approximately $18,198,164.88. The trade was a 7.82% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders acquired 210,000 shares of company stock valued at $1,942,000 in the last quarter. Company insiders own 3.80% of the company's stock.

Arbor Realty Trust Stock Performance

ABR stock traded down $0.13 during trading hours on Wednesday, hitting $9.74. 590,928 shares of the stock were exchanged, compared to its average volume of 3,843,421. Arbor Realty Trust, Inc. has a 12 month low of $8.43 and a 12 month high of $15.94. The company has a current ratio of 37.49, a quick ratio of 35.68 and a debt-to-equity ratio of 2.41. The firm has a market capitalization of $1.87 billion, a P/E ratio of 8.18 and a beta of 1.50. The company has a 50-day simple moving average of $10.88 and a two-hundred day simple moving average of $12.67.

Arbor Realty Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 12.33%. Arbor Realty Trust's dividend payout ratio (DPR) is 115.38%.

Wall Street Analyst Weigh In

Several research firms have commented on ABR. Raymond James downgraded shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a report on Monday, February 24th. Keefe, Bruyette & Woods reduced their target price on shares of Arbor Realty Trust from $11.75 to $11.00 and set a "market perform" rating for the company in a report on Tuesday, May 6th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Arbor Realty Trust from $10.50 to $10.00 and set an "underweight" rating for the company in a report on Monday, May 5th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $13.20.

About Arbor Realty Trust

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.