165,254 Shares in Arbor Realty Trust, Inc. (NYSE:ABR) Bought by Transce3nd LLC

Transce3nd LLC purchased a new position in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 165,254 shares of the real estate investment trust's stock, valued at approximately $2,287,000. Arbor Realty Trust accounts for about 0.8% of Transce3nd LLC's portfolio, making the stock its 19th largest holding. Transce3nd LLC owned approximately 0.09% of Arbor Realty Trust as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. MetLife Investment Management LLC grew its position in shares of Arbor Realty Trust by 4.0% in the fourth quarter. MetLife Investment Management LLC now owns 110,466 shares of the real estate investment trust's stock valued at $1,530,000 after purchasing an additional 4,276 shares during the last quarter. First Trust Advisors LP increased its position in Arbor Realty Trust by 2.6% during the fourth quarter. First Trust Advisors LP now owns 222,626 shares of the real estate investment trust's stock worth $3,083,000 after buying an additional 5,559 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in shares of Arbor Realty Trust by 24.9% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 226,212 shares of the real estate investment trust's stock worth $3,135,000 after acquiring an additional 45,102 shares during the last quarter. Wasatch Advisors LP lifted its position in shares of Arbor Realty Trust by 1.0% in the fourth quarter. Wasatch Advisors LP now owns 3,547,158 shares of the real estate investment trust's stock valued at $49,128,000 after acquiring an additional 35,777 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its stake in shares of Arbor Realty Trust by 7.3% during the fourth quarter. Guggenheim Capital LLC now owns 43,667 shares of the real estate investment trust's stock valued at $605,000 after acquiring an additional 2,954 shares during the last quarter. 57.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Keefe, Bruyette & Woods decreased their price target on shares of 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. Raymond James cut shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research note on Monday, February 24th. Finally, JPMorgan Chase & Co. reduced their price target on Arbor Realty Trust from $11.50 to $10.50 and set an "underweight" rating on the stock in a research note on Wednesday, April 16th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $13.38.

Arbor Realty Trust Trading Down 1.2 %

Arbor Realty Trust stock traded down $0.14 during trading on Thursday, reaching $11.17. The company had a trading volume of 2,787,871 shares, compared to its average volume of 3,301,053. Arbor Realty Trust, Inc. has a 12-month low of $9.66 and a 12-month high of $15.94. The company has a debt-to-equity ratio of 2.41, a quick ratio of 35.68 and a current ratio of 37.49. The stock's 50 day moving average price is $11.83 and its two-hundred day moving average price is $13.45. The firm has a market capitalization of $2.12 billion, a price-to-earnings ratio of 9.39 and a beta of 1.66.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last released its quarterly earnings data on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02). The firm had revenue of $262.87 million for 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 expect that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 15.40%. The ex-dividend date of this dividend was Friday, March 7th. Arbor Realty Trust's dividend payout ratio (DPR) is presently 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.