ProShare Advisors LLC Purchases 35,080 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

ProShare Advisors LLC boosted its holdings in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 6.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 592,948 shares of the real estate investment trust's stock after buying an additional 35,080 shares during the period. ProShare Advisors LLC owned approximately 0.31% of Arbor Realty Trust worth $8,212,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Dunhill Financial LLC purchased a new position in Arbor Realty Trust in the 4th quarter worth $29,000. Bernard Wealth Management Corp. bought a new position in shares of Arbor Realty Trust in the 4th quarter worth approximately $36,000. Smartleaf Asset Management LLC increased its stake in shares of Arbor Realty Trust by 280.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,624 shares of the real estate investment trust's stock worth $36,000 after purchasing an additional 1,934 shares in the last quarter. Quarry LP lifted 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 worth $49,000 after purchasing an additional 2,521 shares in the last quarter. Finally, Shakespeare Wealth Management LLC purchased a new position in Arbor Realty Trust in the fourth quarter worth about $59,000. Institutional investors own 57.25% of the company's stock.

Analyst Ratings Changes

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

Arbor Realty Trust Stock Performance

NYSE ABR traded down $0.16 on Tuesday, hitting $10.01. The stock had a trading volume of 4,108,911 shares, compared to its average volume of 3,194,685. Arbor Realty Trust, Inc. has a one year low of $9.66 and a one year high of $15.94. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 8.41 and a beta of 1.50. The company's 50-day moving average is $11.18 and its two-hundred day moving average is $12.87.

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

Arbor Realty Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 11.99%. Arbor Realty Trust's dividend payout ratio is presently 115.38%.

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.