Universal Beteiligungs und Servicegesellschaft mbH Purchases New Position in Arbor Realty Trust, Inc. (NYSE:ABR)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 95,430 shares of the real estate investment trust's stock, valued at approximately $1,322,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.05% of Arbor Realty Trust at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Dunhill Financial LLC purchased a new position in Arbor Realty Trust during the fourth quarter worth about $29,000. Smartleaf Asset Management LLC lifted its holdings in shares of Arbor Realty Trust by 280.3% in 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. purchased a new position in shares of Arbor Realty Trust during the 4th quarter worth approximately $36,000. Quarry LP boosted its position 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 worth $49,000 after purchasing an additional 2,521 shares during the period. Finally, Shakespeare Wealth Management LLC acquired a new stake in Arbor Realty Trust in the 4th quarter valued at approximately $59,000. 57.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have commented on ABR. Raymond James cut Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research note on Monday, February 24th. Keefe, Bruyette & Woods cut their price objective 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, JPMorgan Chase & Co. decreased 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. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $13.20.

Arbor Realty Trust Stock Up 4.0%

ABR stock traded up $0.40 during midday trading on Friday, hitting $10.31. The company's stock had a trading volume of 3,099,018 shares, compared to its average volume of 3,307,901. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. Arbor Realty Trust, Inc. has a 52-week low of $8.43 and a 52-week high of $15.94. The firm has a market capitalization of $1.98 billion, a P/E ratio of 8.66 and a beta of 1.50. The firm has a 50-day simple moving average of $10.56 and a 200-day simple moving average of $12.42.

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 given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.64%. Arbor Realty Trust's dividend payout ratio is presently 115.38%.

Insider Transactions at Arbor Realty Trust

In other news, CEO Ivan Kaufman bought 140,000 shares of the stock in a transaction that occurred on Wednesday, May 21st. The stock was purchased at an average price of $9.43 per share, for a total transaction of $1,320,200.00. Following the completion of the purchase, the chief executive officer now owns 1,929,816 shares in the company, valued at approximately $18,198,164.88. This trade represents a 7.82% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last ninety days, insiders purchased 210,000 shares of company stock valued at $1,942,000. 3.80% of the stock is currently owned by corporate 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.