XTX Topco Ltd Takes $731,000 Position in Arbor Realty Trust (NYSE:ABR)

XTX Topco Ltd bought a new position in Arbor Realty Trust (NYSE:ABR - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 62,218 shares of the real estate investment trust's stock, valued at approximately $731,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Dunhill Financial LLC acquired a new stake in Arbor Realty Trust during the 4th quarter worth approximately $29,000. Smallwood Wealth Investment Management LLC acquired a new stake in Arbor Realty Trust during the 1st quarter worth approximately $31,000. Bernard Wealth Management Corp. acquired a new stake in Arbor Realty Trust during the 4th quarter worth approximately $36,000. GAMMA Investing LLC increased its position in Arbor Realty Trust by 223.0% during the 1st quarter. GAMMA Investing LLC now owns 3,343 shares of the real estate investment trust's stock worth $39,000 after purchasing an additional 2,308 shares in the last quarter. Finally, Quarry LP increased its position in 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 in the last quarter. Institutional investors and hedge funds own 57.25% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on ABR shares. Keefe, Bruyette & Woods increased their target price on shares of Arbor Realty Trust from $11.00 to $11.50 and gave the stock a "market perform" rating in a research report on Tuesday. JPMorgan Chase & Co. reduced their target price on Arbor Realty Trust from $10.50 to $10.00 and set an "underweight" rating for the company in a research note on Monday, May 5th.

Arbor Realty Trust Stock Performance

ABR traded up $0.07 during trading hours on Friday, hitting $11.83. 656,859 shares of the stock were exchanged, compared to its average volume of 3,507,321. The stock has a 50-day simple moving average of $10.88 and a 200-day simple moving average of $11.48. Arbor Realty Trust has a 12 month low of $8.43 and a 12 month high of $15.94. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 13.01 and a beta of 1.37. The company has a debt-to-equity ratio of 2.06, a current ratio of 38.37 and a quick ratio of 36.48.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.03). The firm had revenue of $27.44 million for the quarter, compared to the consensus estimate of $76.99 million. Arbor Realty Trust had a return on equity of 12.26% and a net margin of 20.75%. Analysts anticipate that Arbor Realty Trust will post 1.65 earnings per share for the current year.

Arbor Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 10.1%. The ex-dividend date is Friday, August 15th. Arbor Realty Trust's dividend payout ratio (DPR) is presently 131.87%.

Insider Transactions at Arbor Realty Trust

In related news, CEO Ivan Kaufman bought 60,000 shares of the business's stock in a transaction on Thursday, May 22nd. The shares were bought 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 owned 1,989,816 shares of the company's stock, valued at $17,311,399.20. This represents a 3.11% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders acquired 210,000 shares of company stock valued at $1,942,000 in the last quarter. Company insiders own 3.80% of the company's stock.

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.