Janus Henderson Group PLC Has $1.81 Million Stock Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Janus Henderson Group PLC trimmed its holdings in shares of Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 24.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 130,363 shares of the real estate investment trust's stock after selling 42,114 shares during the quarter. Janus Henderson Group PLC owned 0.07% of Arbor Realty Trust worth $1,807,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Dunhill Financial LLC bought a new stake in Arbor Realty Trust during the 4th quarter worth approximately $29,000. Smartleaf Asset Management LLC grew its holdings in 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. Bernard Wealth Management Corp. bought a new stake in Arbor Realty Trust during the 4th quarter worth approximately $36,000. Quarry LP grew its holdings in Arbor Realty Trust by 249.6% during the 4th quarter. Quarry LP now owns 3,531 shares of the real estate investment trust's stock worth $49,000 after acquiring an additional 2,521 shares during the last quarter. Finally, Shakespeare Wealth Management LLC bought a new stake in Arbor Realty Trust during the 4th quarter worth approximately $59,000. 57.25% of the stock is owned by institutional investors.

Arbor Realty Trust Stock Up 4.1%

Shares of Arbor Realty Trust stock traded up $0.39 during trading on Tuesday, reaching $9.87. 5,693,149 shares of the company traded hands, compared to its average volume of 3,292,894. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68. Arbor Realty Trust, Inc. has a 1-year low of $8.43 and a 1-year high of $15.94. The company has a 50 day moving average price of $10.88 and a 200-day moving average price of $12.67. The firm has a market capitalization of $1.90 billion, a PE ratio of 8.29 and a beta of 1.50.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last released its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02). Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. The company had revenue of $262.87 million for the quarter, compared to analyst estimates of $88.92 million. As a group, equities research analysts expect that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 12.16%. Arbor Realty Trust's payout ratio is presently 115.38%.

Insider Activity at Arbor Realty Trust

In other Arbor Realty Trust news, CEO Ivan Kaufman acquired 10,000 shares of the stock in a transaction on Tuesday, May 20th. The shares were purchased at an average price of $9.98 per share, for a total transaction of $99,800.00. Following the completion of the acquisition, the chief executive officer now owns 1,789,816 shares in the company, valued at approximately $17,862,363.68. This represents a 0.56% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have purchased 210,000 shares of company stock worth $1,942,000 in the last quarter. Company insiders own 3.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. 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 on the stock in a report on Tuesday, May 6th. Raymond James lowered shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research note on Monday, February 24th. Finally, JPMorgan Chase & Co. reduced 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 note on Monday, May 5th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $13.20.

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.