LSV Asset Management Sells 386,088 Shares of Arbor Realty Trust $ABR

LSV Asset Management decreased its holdings in shares of Arbor Realty Trust (NYSE:ABR) by 98.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,300 shares of the real estate investment trust’s stock after selling 386,088 shares during the quarter. LSV Asset Management’s holdings in Arbor Realty Trust were worth $65,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Atlantic Union Bankshares Corp bought a new position in Arbor Realty Trust in the second quarter valued at approximately $27,000. HM Payson & Co. acquired a new position in shares of Arbor Realty Trust in the 3rd quarter valued at $31,000. Allworth Financial LP boosted its position in shares of Arbor Realty Trust by 77.8% in the 2nd quarter. Allworth Financial LP now owns 2,583 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,130 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of 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 purchasing an additional 1,175 shares during the period. Finally, Quantbot Technologies LP bought a new stake in Arbor Realty Trust in the second quarter valued at about $46,000. 57.25% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. reduced their target price on Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Thursday, December 4th. Wall Street Zen lowered shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a research note on Sunday, October 26th. Weiss Ratings upgraded shares of Arbor Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 9th. Keefe, Bruyette & Woods cut their target price on shares of Arbor Realty Trust from $8.50 to $7.50 and set an “underperform” rating on the stock in a report on Thursday, January 8th. Finally, Zacks Research cut shares of Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Arbor Realty Trust currently has an average rating of “Reduce” and an average target price of $9.38.

Arbor Realty Trust Trading Up 1.0%

Shares of NYSE:ABR opened at $7.41 on Thursday. The firm has a market cap of $1.45 billion, a price-to-earnings ratio of 9.26 and a beta of 1.39. Arbor Realty Trust has a 12 month low of $7.20 and a 12 month high of $14.33. The company’s fifty day simple moving average is $7.90 and its 200 day simple moving average is $9.89. The company has a quick ratio of 287.79, a current ratio of 287.79 and a debt-to-equity ratio of 2.51.

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.