Arbor Realty Trust, Inc. (NYSE:ABR) Given Consensus Recommendation of “Hold” by Brokerages

Arbor Realty Trust, Inc. (NYSE:ABR) has earned a consensus recommendation of “Hold” from the six analysts that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $14.00.

Several analysts have recently commented on the stock. Keefe, Bruyette & Woods dropped their price objective on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating on the stock in a report on Tuesday, January 14th. JPMorgan Chase & Co. dropped their price objective on shares of Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating on the stock in a report on Tuesday, January 21st.

Arbor Realty Trust Trading Down 13.3 %

NYSE ABR opened at $12.00 on Friday. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67. The firm has a market cap of $2.26 billion, a PE ratio of 8.89 and a beta of 2.03. The company has a 50 day moving average price of $13.65 and a 200 day moving average price of $14.20. Arbor Realty Trust has a 52 week low of $11.87 and a 52 week high of $15.94.

Arbor Realty Trust (NYSE:ABR) last released its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.02). Arbor Realty Trust had a return on equity of 14.94% and a net margin of 23.99%. As a group, sell-side analysts forecast that Arbor Realty Trust will post 1.68 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director William C. Green purchased 5,269 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average cost of $14.17 per share, with a total value of $74,661.73. Following the completion of the acquisition, the director now owns 178,797 shares of the company’s stock, valued at approximately $2,533,553.49. This represents a 3.04 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 3.70% of the stock is currently owned by insiders.

Institutional Trading of Arbor Realty Trust

Hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its position in Arbor Realty Trust by 75.5% during the third quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 688 shares during the period. Dunhill Financial LLC acquired a new position in Arbor Realty Trust during the fourth quarter worth $29,000. Smartleaf Asset Management LLC raised its position in Arbor Realty Trust by 280.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,624 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 1,934 shares during the period. Bernard Wealth Management Corp. acquired a new position in Arbor Realty Trust during the fourth quarter worth $36,000. Finally, Harbor Capital Advisors Inc. acquired a new position in Arbor Realty Trust during the third quarter worth $38,000. 57.25% of the stock is owned by hedge funds and other institutional investors.

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.