Arbor Realty Trust, Inc. (NYSE:ABR) Receives $14.00 Consensus PT from Brokerages

Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report) has received a consensus rating of "Hold" from the six brokerages that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $14.00.

Several equities analysts recently issued reports on ABR shares. JPMorgan Chase & Co. lowered their price target on Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating on the stock in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods lowered their price objective on Arbor Realty Trust from $14.25 to $13.50 and set a "market perform" rating on the stock in a research report on Tuesday, January 14th.

Arbor Realty Trust Stock Performance

Shares of NYSE ABR traded down $0.06 during trading hours on Friday, hitting $13.71. 1,122,018 shares of the company's stock were exchanged, compared to its average volume of 2,149,274. The stock has a market capitalization of $2.58 billion, a price-to-earnings ratio of 10.15 and a beta of 2.03. The company's 50-day moving average price is $13.72 and its 200-day moving average price 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. Arbor Realty Trust has a 1-year low of $11.95 and a 1-year high of $15.94.

Insider Activity

In related news, Director William C. Green bought 5,269 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The stock was acquired at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the transaction, the director now directly owns 178,797 shares of the company's stock, valued at $2,533,553.49. This represents a 3.04 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 3.70% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC grew its holdings in shares of Arbor Realty Trust by 75.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust's stock worth $25,000 after purchasing an additional 688 shares during the last quarter. Raymond James Trust N.A. grew its stake in Arbor Realty Trust by 3.0% during the third quarter. Raymond James Trust N.A. now owns 23,769 shares of the real estate investment trust's stock worth $370,000 after buying an additional 698 shares during the last quarter. Glenmede Trust Co. NA grew its stake in Arbor Realty Trust by 33.1% during the third quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust's stock worth $44,000 after buying an additional 701 shares during the last quarter. CIBC Asset Management Inc increased its holdings in shares of Arbor Realty Trust by 4.3% during the fourth quarter. CIBC Asset Management Inc now owns 18,676 shares of the real estate investment trust's stock worth $259,000 after buying an additional 774 shares in the last quarter. Finally, Natixis Advisors LLC raised its stake in shares of Arbor Realty Trust by 5.0% in the fourth quarter. Natixis Advisors LLC now owns 16,728 shares of the real estate investment trust's stock valued at $232,000 after acquiring an additional 797 shares during the last quarter. 57.25% of the stock is currently owned by institutional investors and hedge funds.

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.