Arbor Realty Trust (NYSE:ABR) Sees Strong Trading Volume – Should You Buy?

Shares of Arbor Realty Trust, Inc. (NYSE:ABR) saw an uptick in trading volume on Monday . 3,706,138 shares traded hands during mid-day trading, an increase of 24% from the previous session’s volume of 2,983,141 shares.The stock last traded at $12.01 and had previously closed at $12.00.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on ABR shares. Keefe, Bruyette & Woods reduced their price objective on Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a report on Tuesday, January 14th. Raymond James cut Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Monday. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $14.00.

Arbor Realty Trust Trading Up 1.5 %

The firm’s 50 day moving average is $13.65 and its 200 day moving average is $14.21. The company has a debt-to-equity ratio of 2.67, a current ratio of 35.68 and a quick ratio of 35.68. The company has a market cap of $2.30 billion, a PE ratio of 9.03 and a beta of 2.03.

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 for the quarter, missing the consensus estimate of $0.41 by ($0.02). The firm had revenue of $262.87 million during the quarter, compared to the consensus estimate of $88.92 million. Arbor Realty Trust had a return on equity of 14.94% and a net margin of 23.99%. On average, equities analysts anticipate that Arbor Realty Trust, Inc. will post 1.68 earnings per share for the current year.

Insider Buying and Selling at Arbor Realty Trust

In other Arbor Realty Trust news, Director William C. Green acquired 5,269 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was bought at an average price 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 $2,533,553.49. This trade represents a 3.04 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On Arbor Realty Trust

Several hedge funds have recently bought and sold shares of ABR. Raymond James Financial Inc. bought a new position in shares of Arbor Realty Trust in the 4th quarter worth $15,967,000. Invesco Ltd. increased its stake in Arbor Realty Trust by 90.2% in the fourth quarter. Invesco Ltd. now owns 1,687,307 shares of the real estate investment trust’s stock valued at $23,369,000 after acquiring an additional 799,973 shares during the last quarter. Wasatch Advisors LP raised its position in Arbor Realty Trust by 29.4% during the third quarter. Wasatch Advisors LP now owns 3,511,381 shares of the real estate investment trust’s stock valued at $54,637,000 after purchasing an additional 797,453 shares in the last quarter. Norges Bank bought a new stake in Arbor Realty Trust during the fourth quarter worth about $8,419,000. Finally, Tudor Investment Corp ET AL boosted its holdings in shares of Arbor Realty Trust by 496.9% in the 4th quarter. Tudor Investment Corp ET AL now owns 450,822 shares of the real estate investment trust’s stock worth $6,244,000 after purchasing an additional 375,293 shares in the last quarter. 57.25% of the stock is currently owned by 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.