Arbor Realty Trust, Inc. (NYSE:ABR) Shares Purchased by Intech Investment Management LLC

Intech Investment Management LLC boosted its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 50.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,329 shares of the real estate investment trust’s stock after purchasing an additional 26,648 shares during the period. Intech Investment Management LLC’s holdings in Arbor Realty Trust were worth $1,099,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. lifted its position in Arbor Realty Trust by 9.4% in the fourth quarter. Advisors Asset Management Inc. now owns 186,747 shares of the real estate investment trust’s stock worth $2,586,000 after purchasing an additional 15,983 shares during the period. Axxcess Wealth Management LLC lifted its position in Arbor Realty Trust by 14.8% in the fourth quarter. Axxcess Wealth Management LLC now owns 12,580 shares of the real estate investment trust’s stock worth $174,000 after purchasing an additional 1,620 shares during the period. Signaturefd LLC lifted its position in Arbor Realty Trust by 28.9% in the fourth quarter. Signaturefd LLC now owns 6,848 shares of the real estate investment trust’s stock worth $95,000 after purchasing an additional 1,537 shares during the period. Cibc World Markets Corp acquired a new stake in Arbor Realty Trust in the fourth quarter worth approximately $239,000. Finally, Corient Private Wealth LLC lifted its position in Arbor Realty Trust by 27.9% in the fourth quarter. Corient Private Wealth LLC now owns 18,426 shares of the real estate investment trust’s stock worth $255,000 after purchasing an additional 4,017 shares during the period. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ABR shares. Raymond James downgraded Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, February 24th. 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 note on Tuesday, February 25th. 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 note on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $13.75.

Arbor Realty Trust Stock Performance

ABR opened at $12.27 on Friday. The firm has a market cap of $2.32 billion, a PE ratio of 10.31 and a beta of 2.05. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. The business has a fifty day simple moving average of $13.01 and a 200-day simple moving average of $14.03. Arbor Realty Trust, Inc. has a fifty-two week low of $11.43 and a fifty-two week high of $15.94.

Arbor Realty Trust (NYSE:ABR) last issued its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.02). The business had revenue of $262.87 million during the quarter, compared to analyst estimates of $88.92 million. Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. As a group, equities analysts predict that Arbor Realty Trust, Inc. will post 1.65 EPS for the current fiscal year.

Arbor Realty Trust Dividend Announcement

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

About Arbor Realty Trust

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.