Arbor Realty Trust (NYSE:ABR) Downgraded by Wall Street Zen to “Sell”

Arbor Realty Trust (NYSE:ABR) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Other equities research analysts have also recently issued reports about the stock. Piper Sandler decreased their price target on shares of Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating for the company in a report on Monday, December 22nd. Zacks Research lowered Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Keefe, Bruyette & Woods boosted their price objective on Arbor Realty Trust from $7.50 to $8.00 and gave the stock an “underperform” rating in a research report on Wednesday, March 4th. JPMorgan Chase & Co. decreased their target price on Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Thursday, December 4th. Finally, Weiss Ratings lowered Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 24th. One research analyst has rated the stock with a Buy rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Strong Sell” and an average price target of $9.50.

Arbor Realty Trust Stock Performance

NYSE:ABR opened at $7.38 on Friday. Arbor Realty Trust has a 1 year low of $7.11 and a 1 year high of $12.57. The firm’s fifty day simple moving average is $7.78 and its 200 day simple moving average is $9.15. The company has a current ratio of 394.59, a quick ratio of 394.59 and a debt-to-equity ratio of 2.41. The firm has a market capitalization of $1.42 billion, a PE ratio of 13.41 and a beta of 1.36.

Institutional Trading of Arbor Realty Trust

A number of hedge funds have recently modified their holdings of the company. State Street Corp increased its position in shares of Arbor Realty Trust by 1.4% during the fourth quarter. State Street Corp now owns 7,469,100 shares of the real estate investment trust’s stock valued at $57,960,000 after purchasing an additional 101,730 shares during the period. Geode Capital Management LLC lifted its position in Arbor Realty Trust by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 4,651,016 shares of the real estate investment trust’s stock worth $36,098,000 after purchasing an additional 78,068 shares during the period. Wasatch Advisors LP lifted its position in Arbor Realty Trust by 19.2% in the third quarter. Wasatch Advisors LP now owns 4,057,421 shares of the real estate investment trust’s stock worth $49,541,000 after purchasing an additional 654,583 shares during the period. Balyasny Asset Management L.P. boosted its stake in Arbor Realty Trust by 296.8% during the fourth quarter. Balyasny Asset Management L.P. now owns 3,835,715 shares of the real estate investment trust’s stock worth $29,765,000 after buying an additional 2,869,132 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Arbor Realty Trust by 2.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,100,538 shares of the real estate investment trust’s stock worth $24,060,000 after buying an additional 60,979 shares in the last quarter. Institutional investors own 57.25% of the company’s stock.

About Arbor Realty Trust

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.