Arbor Realty Trust $ABR Holdings Raised by Sunbelt Securities Inc.

Sunbelt Securities Inc. lifted its stake in Arbor Realty Trust (NYSE:ABR) by 211.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 183,764 shares of the real estate investment trust’s stock after purchasing an additional 124,728 shares during the quarter. Sunbelt Securities Inc. owned 0.09% of Arbor Realty Trust worth $1,426,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Balyasny Asset Management L.P. raised its holdings in Arbor Realty Trust by 296.8% during the 4th 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 during the period. Schonfeld Strategic Advisors LLC purchased a new stake in Arbor Realty Trust during the fourth quarter valued at about $10,219,000. Wasatch Advisors LP boosted its holdings in shares of 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 buying an additional 654,583 shares during the period. Azora Capital LP acquired a new position in shares of Arbor Realty Trust in the third quarter worth about $7,897,000. Finally, Van ECK Associates Corp increased its position in shares of Arbor Realty Trust by 41.9% in the fourth quarter. Van ECK Associates Corp now owns 1,892,783 shares of the real estate investment trust’s stock worth $14,688,000 after acquiring an additional 559,209 shares in the last quarter. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Insider Activity

In related news, insider David Erwin Friedman sold 7,685 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $6.87, for a total value of $52,795.95. Following the completion of the sale, the insider directly owned 59,638 shares in the company, valued at approximately $409,713.06. The trade was a 11.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 4.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ABR. Wall Street Zen lowered shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. Citizens Jmp decreased their price objective on shares of Arbor Realty Trust from $9.50 to $8.50 and set a “market outperform” rating for the company in a research note on Thursday, May 14th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Arbor Realty Trust in a research report on Friday, May 22nd. Keefe, Bruyette & Woods cut their target price on shares of Arbor Realty Trust from $7.50 to $6.50 and set an “underperform” rating on the stock in a research note on Tuesday, May 12th. Finally, Zacks Research raised shares of Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Arbor Realty Trust presently has an average rating of “Reduce” and an average target price of $8.00.

Arbor Realty Trust Stock Performance

Shares of ABR opened at $5.18 on Friday. The company’s 50 day moving average price is $6.48 and its 200 day moving average price is $7.42. Arbor Realty Trust has a 52 week low of $4.99 and a 52 week high of $12.57. The company has a market capitalization of $997.39 million, a PE ratio of 13.29 and a beta of 1.14. The company has a debt-to-equity ratio of 2.71, a quick ratio of 428.41 and a current ratio of 428.41.

Arbor Realty Trust (NYSE:ABR) last released its quarterly earnings data on Friday, May 8th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.09). Arbor Realty Trust had a net margin of 12.73% and a return on equity of 8.49%. The company had revenue of $119.67 million during the quarter, compared to analyst estimates of $109.86 million. Research analysts expect that Arbor Realty Trust will post 0.38 EPS for the current fiscal year.

Arbor Realty Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were given a $0.17 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 13.1%. Arbor Realty Trust’s payout ratio is currently 174.36%.

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.