Advisors Asset Management Inc. Increases Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Advisors Asset Management Inc. raised its stake in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 9.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 186,747 shares of the real estate investment trust’s stock after buying an additional 15,983 shares during the quarter. Advisors Asset Management Inc. owned about 0.10% of Arbor Realty Trust worth $2,586,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Raymond James Trust N.A. raised its stake in Arbor Realty Trust by 3.0% during the third quarter. Raymond James Trust N.A. now owns 23,769 shares of the real estate investment trust’s stock valued at $370,000 after buying an additional 698 shares during the last quarter. Glenmede Trust Co. NA raised its stake in shares of Arbor Realty Trust by 33.1% in 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 during the last quarter. CIBC Asset Management Inc raised its stake in shares of Arbor Realty Trust by 4.3% in the fourth quarter. CIBC Asset Management Inc now owns 18,676 shares of the real estate investment trust’s stock worth $259,000 after purchasing an additional 774 shares during the last quarter. Natixis Advisors LLC raised its stake in shares of Arbor Realty Trust by 5.0% in the fourth quarter. Natixis Advisors LLC now owns 16,728 shares of the real estate investment trust’s stock worth $232,000 after purchasing an additional 797 shares during the last quarter. Finally, Principal Securities Inc. raised its stake in shares of Arbor Realty Trust by 10.0% in the fourth quarter. Principal Securities Inc. now owns 9,062 shares of the real estate investment trust’s stock worth $126,000 after purchasing an additional 825 shares during the last quarter. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Analyst Upgrades and Downgrades

ABR has been the subject of a number of research reports. Keefe, Bruyette & Woods reduced their price objective on Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating for the company in a research report on Tuesday, February 25th. Raymond James cut Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. reduced their price objective on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research report on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $13.75.

Arbor Realty Trust Stock Performance

NYSE:ABR opened at $12.27 on Friday. The stock has a 50-day simple moving average of $13.01 and a two-hundred day simple moving average of $14.03. Arbor Realty Trust, Inc. has a 52-week low of $11.43 and a 52-week high of $15.94. The company has a debt-to-equity ratio of 2.41, a quick ratio of 35.68 and a current ratio of 37.49. The firm has a market capitalization of $2.32 billion, a PE ratio of 10.31 and a beta of 2.05.

Arbor Realty Trust (NYSE:ABR) last released its quarterly earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02). Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. The company had revenue of $262.87 million for the quarter, compared to the consensus estimate of $88.92 million. Analysts forecast that Arbor Realty Trust, Inc. will post 1.65 EPS for the current year.

Arbor Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 14.02%. The ex-dividend date was Friday, March 7th. Arbor Realty Trust’s dividend payout ratio (DPR) is 144.54%.

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.