Arbor Realty Trust (NYSE:ABR) Shares Up 0.5%

Shares of Arbor Realty Trust, Inc. (NYSE:ABR) rose 0.5% on Tuesday . The company traded as high as $13.08 and last traded at $13.00. Approximately 431,516 shares were traded during trading, a decline of 91% from the average daily volume of 4,853,060 shares. The stock had previously closed at $12.94.

Analyst Ratings Changes

ABR has been the topic of a number of recent research reports. JMP Securities reduced their price target on shares of Arbor Realty Trust from $19.00 to $17.00 and set a “market outperform” rating on the stock in a research report on Thursday, February 1st. Wedbush reaffirmed an “outperform” rating and set a $17.00 price target on shares of Arbor Realty Trust in a research report on Tuesday, February 20th. TheStreet raised shares of Arbor Realty Trust from a “d+” rating to a “c” rating in a research report on Monday, March 18th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Arbor Realty Trust from $14.50 to $13.50 and set a “market perform” rating on the stock in a research report on Wednesday, February 21st. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $15.67.

Arbor Realty Trust Trading Up 4.2 %

The company has a quick ratio of 36.02, a current ratio of 36.02 and a debt-to-equity ratio of 3.21. The business’s 50 day moving average is $13.13 and its 200-day moving average is $13.80. The firm has a market cap of $2.52 billion, a P/E ratio of 7.61 and a beta of 1.97.

Arbor Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were paid a dividend of $0.43 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $1.72 annualized dividend and a yield of 12.85%. Arbor Realty Trust’s payout ratio is 97.73%.

Insider Buying and Selling at Arbor Realty Trust

In other Arbor Realty Trust news, Director William C. Green bought 10,209 shares of the stock in a transaction on Monday, March 18th. The stock was purchased at an average price of $12.93 per share, for a total transaction of $132,002.37. Following the completion of the purchase, the director now directly owns 162,809 shares in the company, valued at $2,105,120.37. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.40% of the stock is owned by insiders.

Institutional Trading of Arbor Realty Trust

Several institutional investors have recently added to or reduced their stakes in ABR. Financial Freedom LLC bought a new stake in Arbor Realty Trust during the fourth quarter valued at $27,000. State of Wyoming acquired a new position in shares of Arbor Realty Trust during the fourth quarter valued at $27,000. Money Concepts Capital Corp acquired a new position in shares of Arbor Realty Trust during the fourth quarter valued at $32,000. Cape Investment Advisory Inc. boosted its holdings in shares of Arbor Realty Trust by 671.7% during the fourth quarter. Cape Investment Advisory Inc. now owns 2,315 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 2,015 shares during the period. Finally, ICA Group Wealth Management LLC acquired a new position in shares of Arbor Realty Trust during the fourth quarter valued at $35,000. Institutional investors own 57.25% of the company’s stock.

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.