Arbor Realty Trust, Inc. (NYSE:ABR) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp grew its stake in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,258,343 shares of the real estate investment trust's stock after acquiring an additional 27,327 shares during the quarter. Bank of New York Mellon Corp owned about 0.67% of Arbor Realty Trust worth $17,428,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Janney Montgomery Scott LLC acquired a new stake in shares of Arbor Realty Trust in the 4th quarter worth $1,144,000. Nisa Investment Advisors LLC increased its stake in shares of Arbor Realty Trust by 29.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust's stock worth $1,459,000 after acquiring an additional 23,987 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Arbor Realty Trust by 52.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,456 shares of the real estate investment trust's stock worth $4,535,000 after acquiring an additional 100,055 shares during the last quarter. Pathstone Holdings LLC increased its position in shares of Arbor Realty Trust by 42.0% during the 3rd quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust's stock worth $2,057,000 after purchasing an additional 39,072 shares during the last quarter. Finally, EMC Capital Management increased its position in shares of Arbor Realty Trust by 23,453.8% during the 4th quarter. EMC Capital Management now owns 18,843 shares of the real estate investment trust's stock worth $261,000 after purchasing an additional 18,763 shares during the last quarter. 57.25% of the stock is owned by institutional investors and hedge funds.

Arbor Realty Trust Stock Performance

NYSE ABR opened at $12.03 on Wednesday. The stock has a 50-day moving average of $13.23 and a two-hundred day moving average of $14.11. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68. The company has a market cap of $2.28 billion, a P/E ratio of 10.11 and a beta of 2.05. Arbor Realty Trust, Inc. has a 1-year low of $11.43 and a 1-year high of $15.94.

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Arbor Realty Trust (NYSE:ABR - Get Free Report) last announced 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). The company had revenue of $262.87 million during the quarter, compared to analysts' expectations of $88.92 million. Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. As a group, analysts anticipate that Arbor Realty Trust, Inc. will post 1.65 EPS for the current year.

Arbor Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be paid a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 14.30%. The ex-dividend date is Friday, March 7th. Arbor Realty Trust's payout ratio is presently 144.54%.

Analyst Upgrades and Downgrades

ABR has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods cut 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 report on Tuesday, February 25th. Raymond James downgraded Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. dropped their target price on Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating for the company in a research report on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Arbor Realty Trust currently has a consensus rating of "Hold" and an average price target of $13.75.

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.

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