Arbor Realty Trust (NYSE:ABR) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

According to Zacks, “Arbor Realty Trust is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. “

A number of other research analysts also recently issued reports on ABR. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $8.75 price target on shares of Arbor Realty Trust in a research note on Thursday, July 6th. BidaskClub downgraded shares of Arbor Realty Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th.

Shares of Arbor Realty Trust (NYSE ABR) traded down 0.25% on Wednesday, reaching $8.04. 250,777 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $8.14 and a 200 day moving average of $8.22. Arbor Realty Trust has a one year low of $6.92 and a one year high of $8.99. The firm has a market capitalization of $493.25 million, a P/E ratio of 7.36 and a beta of 0.67.

Arbor Realty Trust (NYSE:ABR) last issued its quarterly earnings results on Friday, August 4th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. Arbor Realty Trust had a net margin of 54.47% and a return on equity of 10.47%. The company had revenue of $34.47 million during the quarter. On average, equities research analysts predict that Arbor Realty Trust will post $0.88 EPS for the current year.

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In related news, Director Melvin F. Lazar acquired 6,785 shares of Arbor Realty Trust stock in a transaction dated Wednesday, August 30th. The stock was acquired at an average price of $8.04 per share, for a total transaction of $54,551.40. Following the transaction, the director now owns 169,615 shares of the company’s stock, valued at $1,363,704.60. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director William B. Helmreich sold 28,000 shares of the business’s stock in a transaction that occurred on Monday, August 28th. The stock was sold at an average price of $8.03, for a total transaction of $224,840.00. Following the sale, the director now owns 178,735 shares of the company’s stock, valued at approximately $1,435,242.05. The disclosure for this sale can be found here. 16.50% of the stock is currently owned by insiders.

Large investors have recently modified their holdings of the company. Prudential Financial Inc. purchased a new stake in shares of Arbor Realty Trust during the 2nd quarter worth approximately $110,000. UBS Asset Management Americas Inc. purchased a new stake in shares of Arbor Realty Trust during the 2nd quarter worth approximately $133,000. Ameriprise Financial Inc. lifted its position in shares of Arbor Realty Trust by 7.9% during the 1st quarter. Ameriprise Financial Inc. now owns 20,700 shares of the real estate investment trust’s stock worth $174,000 after buying an additional 1,515 shares during the last quarter. Hancock Holding Co. lifted its position in shares of Arbor Realty Trust by 21.2% during the 1st quarter. Hancock Holding Co. now owns 24,170 shares of the real estate investment trust’s stock worth $203,000 after buying an additional 4,220 shares during the last quarter. Finally, Cubist Systematic Strategies LLC lifted its position in shares of Arbor Realty Trust by 98.8% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 31,367 shares of the real estate investment trust’s stock worth $262,000 after buying an additional 15,587 shares during the last quarter. Institutional investors and hedge funds own 47.79% of the company’s stock.

About Arbor Realty Trust

Arbor Realty Trust, Inc is a real estate investment trust. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity.

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