XTX Topco Ltd Takes Position in Arbor Realty Trust (NYSE:ABR)

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

Other hedge funds have also recently bought and sold shares of the company. Dunhill Financial LLC purchased a new position in Arbor Realty Trust during the fourth quarter worth approximately $29,000. Smallwood Wealth Investment Management LLC purchased a new position in shares of Arbor Realty Trust in the 1st quarter valued at $31,000. Bernard Wealth Management Corp. purchased a new stake in Arbor Realty Trust during the 4th quarter worth $36,000. GAMMA Investing LLC increased its stake 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 buying an additional 2,308 shares during the period. Finally, Quarry LP increased its stake 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 buying an additional 2,521 shares during the period. Institutional investors and hedge funds own 57.25% of the company's stock.

Insider Activity at Arbor Realty Trust

In other news, CEO Ivan Kaufman purchased 60,000 shares of the business's stock in a transaction dated Thursday, May 22nd. The shares were acquired at an average price of $8.70 per share, for a total transaction of $522,000.00. Following the completion of the acquisition, the chief executive officer directly owned 1,989,816 shares of the company's stock, valued at $17,311,399.20. The trade was a 3.11% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders have purchased 210,000 shares of company stock valued at $1,942,000. 3.80% of the stock is owned by insiders.

Arbor Realty Trust Trading Up 1.7%

Shares of NYSE:ABR opened at $11.39 on Tuesday. The company has a 50 day moving average of $10.76 and a 200-day moving average of $11.49. The firm has a market cap of $2.19 billion, a P/E ratio of 12.52 and a beta of 1.37. Arbor Realty Trust has a twelve month low of $8.43 and a twelve month high of $15.94. The company has a current ratio of 36.48, a quick ratio of 36.48 and a debt-to-equity ratio of 1.92.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last released its earnings results on Friday, August 1st. The real estate investment trust reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.03). Arbor Realty Trust had a return on equity of 12.19% and a net margin of 20.75%. The business had revenue of $27.44 million during the quarter, compared to the consensus estimate of $76.99 million. As a group, analysts anticipate that Arbor Realty Trust will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date is Friday, August 15th. Arbor Realty Trust's payout ratio is presently 131.87%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ABR shares. JPMorgan Chase & Co. decreased their price objective on shares of Arbor Realty Trust from $10.50 to $10.00 and set an "underweight" rating for the company in a report on Monday, May 5th. Keefe, Bruyette & Woods cut their price objective on shares of Arbor Realty Trust from $11.75 to $11.00 and set a "market perform" rating on the stock in a research report on Tuesday, May 6th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $13.20.

About Arbor Realty Trust

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.

Want to see what other hedge funds are holding ABR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arbor Realty Trust (NYSE:ABR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.