Disciplined Investments LLC Buys Shares of 10,000 Arbor Realty Trust, Inc. (NYSE:ABR)

Disciplined Investments LLC purchased a new stake in shares of Arbor Realty Trust, Inc. (NYSE:ABR) in the third quarter, according to its most recent filing with the SEC. The firm purchased 10,000 shares of the real estate investment trust’s stock, valued at approximately $156,000.

Several other institutional investors have also modified their holdings of ABR. GAMMA Investing LLC increased its holdings in Arbor Realty Trust by 75.5% during 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 in the last quarter. Harbor Capital Advisors Inc. purchased a new position in shares of Arbor Realty Trust during the 3rd quarter worth approximately $38,000. Signaturefd LLC raised its position in shares of Arbor Realty Trust by 20.6% during the 2nd quarter. Signaturefd LLC now owns 8,807 shares of the real estate investment trust’s stock worth $126,000 after purchasing an additional 1,504 shares during the last quarter. Sfmg LLC purchased a new stake in Arbor Realty Trust in the 1st quarter valued at approximately $133,000. Finally, Farther Finance Advisors LLC grew its holdings in Arbor Realty Trust by 183.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,028 shares of the real estate investment trust’s stock valued at $156,000 after buying an additional 6,487 shares during the last quarter. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ABR. JPMorgan Chase & Co. upped their price objective on Arbor Realty Trust from $12.00 to $13.50 and gave the company an “underweight” rating in a research report on Thursday, October 17th. JMP Securities upped their target price on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a report on Friday, September 27th. Piper Sandler lifted their price target on shares of Arbor Realty Trust from $12.00 to $12.50 and gave the stock an “underweight” rating in a report on Monday, August 5th. Finally, Raymond James upped their price objective on shares of Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a research note on Thursday, September 19th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $14.25.

Arbor Realty Trust Trading Up 2.6 %

ABR stock opened at $15.53 on Friday. Arbor Realty Trust, Inc. has a 52 week low of $11.77 and a 52 week high of $16.35. The company has a market cap of $2.93 billion, a price-to-earnings ratio of 11.50 and a beta of 2.06. The company has a quick ratio of 37.31, a current ratio of 35.68 and a debt-to-equity ratio of 2.67. The business has a fifty day simple moving average of $14.82 and a 200-day simple moving average of $14.06.

Arbor Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Friday, November 15th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 11.08%. The ex-dividend date of this dividend is Friday, November 15th. Arbor Realty Trust’s dividend payout ratio (DPR) is presently 127.41%.

Arbor Realty Trust Company 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.