Arbor Realty Trust, Inc. (NYSE:ABR) Holdings Raised by ProShare Advisors LLC

ProShare Advisors LLC raised its stake in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 592,948 shares of the real estate investment trust's stock after acquiring an additional 35,080 shares during the period. ProShare Advisors LLC owned 0.31% of Arbor Realty Trust worth $8,212,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Dunhill Financial LLC acquired a new position in Arbor Realty Trust during the 4th quarter valued at approximately $29,000. Smartleaf Asset Management LLC lifted its stake in 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 valued at $36,000 after buying an additional 1,934 shares during the last quarter. Bernard Wealth Management Corp. acquired a new position in shares of Arbor Realty Trust during the fourth quarter valued at $36,000. Quarry LP grew its position in shares of Arbor Realty Trust by 249.6% during the fourth 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 position in shares of Arbor Realty Trust during the fourth quarter worth about $59,000. 57.25% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Arbor Realty Trust news, CEO Ivan Kaufman bought 60,000 shares of Arbor Realty Trust stock in a transaction that occurred on Thursday, May 22nd. The stock was purchased at an average cost of $8.70 per share, for a total transaction of $522,000.00. Following the completion of the acquisition, the chief executive officer now owns 1,989,816 shares of the company's stock, valued at approximately $17,311,399.20. This represents a 3.11% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have acquired 210,000 shares of company stock worth $1,942,000 in the last ninety days. 3.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently weighed in on ABR. JPMorgan Chase & Co. cut 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 report on Monday, May 5th. Keefe, Bruyette & Woods cut their price target on 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. Finally, Raymond James lowered Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a report on Monday, February 24th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Arbor Realty Trust currently has an average rating of "Hold" and an average target price of $13.20.

Arbor Realty Trust Price Performance

Shares of NYSE ABR traded up $0.40 during mid-day trading on Friday, reaching $9.32. 2,735,298 shares of the company traded hands, compared to its average volume of 3,259,351. Arbor Realty Trust, Inc. has a fifty-two week low of $8.43 and a fifty-two week high of $15.94. The firm has a market cap of $1.79 billion, a PE ratio of 7.84 and a beta of 1.50. The stock has a fifty day simple moving average of $11.05 and a 200-day simple moving average of $12.80. 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 (NYSE:ABR - Get Free Report) last issued its quarterly 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 firm had revenue of $262.87 million for the quarter, compared to the consensus estimate of $88.92 million. Equities research analysts anticipate that Arbor Realty Trust, Inc. will post 1.65 EPS for the current fiscal year.

Arbor Realty Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 12.88%. Arbor Realty Trust's dividend payout ratio is currently 115.38%.

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.