UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $2.23 Million Stake in Arbor Realty Trust, Inc. (NYSE:ABR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 44.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 161,040 shares of the real estate investment trust's stock after selling 130,416 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.09% of Arbor Realty Trust worth $2,230,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wasatch Advisors LP increased its holdings in Arbor Realty Trust by 1.0% during the fourth quarter. Wasatch Advisors LP now owns 3,547,158 shares of the real estate investment trust's stock worth $49,128,000 after buying an additional 35,777 shares during the last quarter. Norges Bank bought a new position in shares of Arbor Realty Trust in the 4th quarter valued at about $8,419,000. Bank of New York Mellon Corp increased its stake in shares of Arbor Realty Trust by 2.2% during the 4th quarter. Bank of New York Mellon Corp now owns 1,258,343 shares of the real estate investment trust's stock worth $17,428,000 after purchasing an additional 27,327 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Arbor Realty Trust by 2.9% in the 4th quarter. Principal Financial Group Inc. now owns 914,483 shares of the real estate investment trust's stock valued at $12,666,000 after purchasing an additional 25,911 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its stake in Arbor Realty Trust by 2.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 56,975 shares of the real estate investment trust's stock valued at $789,000 after purchasing an additional 1,413 shares during the last quarter. Institutional investors and hedge funds own 57.25% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ABR. Raymond James downgraded Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research report on Monday, February 24th. JPMorgan Chase & Co. dropped their price target 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 objective on shares of 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 analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $13.20.

Arbor Realty Trust Stock Performance

ABR stock traded up $0.04 during mid-day trading on Tuesday, hitting $10.46. 2,334,784 shares of the company were exchanged, compared to its average volume of 3,316,591. Arbor Realty Trust, Inc. has a 1-year low of $8.43 and a 1-year high of $15.94. The stock has a market capitalization of $2.01 billion, a PE ratio of 8.79 and a beta of 1.36. The business has a 50 day simple moving average of $10.47 and a 200-day simple moving average of $12.32. The company has a current ratio of 37.49, a quick ratio of 35.68 and a debt-to-equity ratio of 2.41.

Arbor Realty Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.48%. Arbor Realty Trust's payout ratio is presently 115.38%.

Insider Buying and Selling

In related news, CEO Ivan Kaufman purchased 60,000 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The stock was acquired at an average cost of $8.70 per share, for a total transaction of $522,000.00. Following the completion of the purchase, the chief executive officer now owns 1,989,816 shares in the company, valued at approximately $17,311,399.20. This represents a 3.11% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders have acquired 210,000 shares of company stock valued at $1,942,000. 3.80% of the stock is owned by company insiders.

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.