UBS Group AG boosted its stake in shares of Arbor Realty Trust (NYSE:ABR – Free Report) by 111.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,045,564 shares of the real estate investment trust’s stock after purchasing an additional 550,875 shares during the quarter. UBS Group AG’s holdings in Arbor Realty Trust were worth $8,114,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its stake in Arbor Realty Trust by 73.5% during the second quarter. Smartleaf Asset Management LLC now owns 2,774 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,175 shares in the last quarter. Rothschild Investment LLC raised its stake in Arbor Realty Trust by 1,264.6% during the third quarter. Rothschild Investment LLC now owns 3,275 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 3,035 shares in the last quarter. Atlantic Union Bankshares Corp raised its stake in Arbor Realty Trust by 52.2% during the third quarter. Atlantic Union Bankshares Corp now owns 3,805 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 1,305 shares in the last quarter. Quantbot Technologies LP acquired a new position in Arbor Realty Trust during the second quarter worth $46,000. Finally, Larson Financial Group LLC raised its stake in Arbor Realty Trust by 98.9% during the third quarter. Larson Financial Group LLC now owns 4,411 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 2,193 shares in the last quarter. 57.25% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on ABR shares. Zacks Research upgraded Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Keefe, Bruyette & Woods dropped their price objective on Arbor Realty Trust from $7.50 to $6.50 and set an “underperform” rating for the company in a research note on Tuesday, May 12th. Weiss Ratings cut Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 24th. Wall Street Zen cut Arbor Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. Finally, Citizens Jmp decreased their target price on Arbor Realty Trust from $9.50 to $8.50 and set a “market outperform” rating on the stock in a report on Thursday. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $8.00.
Insider Transactions at Arbor Realty Trust
In other news, insider David Erwin Friedman purchased 8,840 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of $6.84 per share, for a total transaction of $60,465.60. Following the completion of the acquisition, the insider directly owned 68,478 shares in the company, valued at approximately $468,389.52. The trade was a 14.82% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 4.20% of the stock is currently owned by corporate insiders.
Arbor Realty Trust Price Performance
Shares of ABR stock opened at $5.81 on Monday. The stock’s fifty day moving average is $7.62 and its 200-day moving average is $8.10. The company has a debt-to-equity ratio of 2.71, a quick ratio of 428.41 and a current ratio of 428.41. The stock has a market capitalization of $1.12 billion, a PE ratio of 14.91 and a beta of 1.24. Arbor Realty Trust has a 52 week low of $5.67 and a 52 week high of $12.57.
Arbor Realty Trust (NYSE:ABR – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.09). The firm had revenue of $119.67 million during the quarter, compared to the consensus estimate of $109.86 million. Arbor Realty Trust had a net margin of 12.73% and a return on equity of 8.49%. Equities research analysts expect that Arbor Realty Trust will post 0.77 EPS for the current fiscal year.
Arbor Realty Trust Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be issued a $0.17 dividend. The ex-dividend date is Friday, May 22nd. This represents a $0.68 annualized dividend and a yield of 11.7%. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 307.69%.
Arbor Realty Trust Profile
Arbor Realty Trust, Inc (NYSE: ABR) is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders.
Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments.
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