Two Sigma Advisers LP Sells 101,900 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

Two Sigma Advisers LP lowered its stake in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 68.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 46,700 shares of the real estate investment trust's stock after selling 101,900 shares during the quarter. Two Sigma Advisers LP's holdings in Arbor Realty Trust were worth $647,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in ABR. Dunhill Financial LLC acquired a new stake in Arbor Realty Trust during the 4th quarter worth $29,000. Smartleaf Asset Management LLC raised its position in shares of Arbor Realty Trust by 280.3% during 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 during the period. Bernard Wealth Management Corp. bought a new position in shares of Arbor Realty Trust during the 4th quarter valued at about $36,000. Quarry LP lifted its holdings in shares of 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 valued at $49,000 after purchasing an additional 2,521 shares in the last quarter. Finally, Shakespeare Wealth Management LLC bought a new position in shares of Arbor Realty Trust during the 4th quarter valued at about $59,000. Institutional investors and hedge funds own 57.25% of the company's stock.

Insider Activity

In other Arbor Realty Trust news, CEO Ivan Kaufman purchased 140,000 shares of the company's stock in a transaction that occurred on Wednesday, May 21st. The shares were acquired 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 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 acquisition was disclosed in a document filed with the SEC, which is accessible through this link. In the last 90 days, insiders purchased 210,000 shares of company stock valued at $1,942,000. 3.80% of the stock is owned by insiders.

Arbor Realty Trust Stock Up 3.5%

NYSE:ABR traded up $0.35 during trading hours on Friday, reaching $10.26. 4,985,684 shares of the stock were exchanged, compared to its average volume of 3,319,292. Arbor Realty Trust, Inc. has a twelve month low of $8.43 and a twelve month high of $15.94. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68. The firm has a 50 day moving average of $10.53 and a 200 day moving average of $12.39. The stock has a market cap of $1.97 billion, a PE ratio of 8.62 and a beta of 1.36.

Arbor Realty Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 11.70%. Arbor Realty Trust's payout ratio is presently 115.38%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Raymond James cut Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a report on Monday, February 24th. JPMorgan Chase & Co. cut their target price on 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. Finally, Keefe, Bruyette & Woods reduced their price target on Arbor Realty Trust from $11.75 to $11.00 and set a "market perform" rating for the company in a research report on Tuesday, May 6th. 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. Based on data from MarketBeat.com, Arbor Realty Trust has a consensus rating of "Hold" and a consensus price target of $13.20.

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.