Tudor Investment Corp ET AL Grows Position in Arbor Realty Trust, Inc. (NYSE:ABR)

Tudor Investment Corp ET AL raised its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 496.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 450,822 shares of the real estate investment trust’s stock after acquiring an additional 375,293 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.24% of Arbor Realty Trust worth $6,244,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ABR. Raymond James Financial Inc. purchased a new position in shares of Arbor Realty Trust in the 4th quarter valued at $15,967,000. Invesco Ltd. increased its position in Arbor Realty Trust by 90.2% during the fourth quarter. Invesco Ltd. now owns 1,687,307 shares of the real estate investment trust’s stock worth $23,369,000 after buying an additional 799,973 shares in the last quarter. Norges Bank purchased a new position in shares of Arbor Realty Trust during the fourth quarter valued at approximately $8,419,000. Transce3nd LLC acquired a new stake in shares of Arbor Realty Trust during the fourth quarter worth $2,287,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Arbor Realty Trust during the 4th quarter worth $2,181,000. Institutional investors and hedge funds own 57.25% of the company’s stock.

Wall Street Analysts Forecast Growth

ABR has been the subject of several recent analyst reports. JPMorgan Chase & Co. lowered their target price on Arbor Realty Trust from $11.50 to $10.50 and set an “underweight” rating for the company in a research note on Wednesday, April 16th. Keefe, Bruyette & Woods cut their price objective on Arbor Realty Trust from $12.00 to $11.75 and set a “market perform” rating on the stock in a research note on Monday, April 7th. Finally, Raymond James downgraded Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a report on Monday, February 24th. Two equities research 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 MarketBeat, the company presently has an average rating of “Hold” and an average target price of $13.38.

Arbor Realty Trust Stock Down 0.4 %

ABR stock opened at $11.53 on Thursday. 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 firm’s 50-day simple moving average is $11.63 and its 200 day simple moving average is $13.33. The stock has a market cap of $2.22 billion, a PE ratio of 9.69 and a beta of 1.66. Arbor Realty Trust, Inc. has a fifty-two week low of $9.66 and a fifty-two week high of $15.94.

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

Arbor Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 14.92%. The ex-dividend date of this dividend was Friday, March 7th. Arbor Realty Trust’s dividend payout ratio (DPR) is 144.54%.

Arbor Realty Trust 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.