Virtu Financial LLC Acquires New Position in Arbor Realty Trust, Inc. (NYSE:ABR)

Virtu Financial LLC bought a new position in shares of Arbor Realty Trust, Inc. (NYSE:ABR) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 14,361 shares of the real estate investment trust’s stock, valued at approximately $223,000.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC raised its position in shares of Arbor Realty Trust by 75.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 688 shares during the period. Harbor Capital Advisors Inc. acquired a new stake in Arbor Realty Trust in the third quarter worth $38,000. Glenmede Trust Co. NA boosted its position in shares of Arbor Realty Trust by 33.1% during the third quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 701 shares in the last quarter. KBC Group NV grew its holdings in shares of Arbor Realty Trust by 39.1% in the 3rd quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust’s stock valued at $100,000 after buying an additional 1,796 shares during the period. Finally, Prospera Private Wealth LLC bought a new stake in shares of Arbor Realty Trust in the 3rd quarter valued at $102,000. Institutional investors and hedge funds own 57.25% of the company’s stock.

Insider Buying and Selling at Arbor Realty Trust

In related news, Director William C. Green acquired 5,269 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was bought at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the acquisition, the director now directly owns 178,797 shares of the company’s stock, valued at approximately $2,533,553.49. The trade was a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.70% of the company’s stock.

Arbor Realty Trust Trading Down 3.2 %

NYSE ABR opened at $13.76 on Thursday. Arbor Realty Trust, Inc. has a 52 week low of $11.92 and a 52 week high of $16.35. The company has a debt-to-equity ratio of 2.67, a quick ratio of 35.68 and a current ratio of 35.68. The stock’s 50 day moving average price is $14.83 and its two-hundred day moving average price is $14.29. The stock has a market capitalization of $2.60 billion, a price-to-earnings ratio of 10.19 and a beta of 2.03.

Arbor Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 12.50%. The ex-dividend date was Friday, November 15th. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 127.41%.

Analysts Set New Price Targets

Several research firms have weighed in on ABR. JPMorgan Chase & Co. lifted their target price on Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a report on Thursday, October 17th. Raymond James boosted their price objective on Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a research report on Thursday, September 19th. Finally, JMP Securities raised their target price on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the stock a “market outperform” rating in a report on Friday, September 27th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Arbor Realty Trust presently has a consensus rating of “Hold” and an average target price of $14.25.

Arbor Realty Trust Profile

Arbor Realty Trust, Inc invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States. The company operates through Structured Business and Agency Business segments. It primarily invests in bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related joint ventures, real estate-related notes, and various mortgage-related securities.