AlphaQuest LLC Acquires 80,498 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

AlphaQuest LLC boosted its holdings in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 861.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 89,840 shares of the real estate investment trust's stock after buying an additional 80,498 shares during the period. AlphaQuest LLC's holdings in Arbor Realty Trust were worth $1,244,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in ABR. US Bancorp DE raised its holdings in Arbor Realty Trust by 6.3% during the 3rd quarter. US Bancorp DE now owns 16,504 shares of the real estate investment trust's stock worth $257,000 after buying an additional 979 shares during the period. Farther Finance Advisors LLC lifted its stake in Arbor Realty Trust by 183.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,028 shares of the real estate investment trust's stock valued at $156,000 after purchasing an additional 6,487 shares during the last quarter. Concurrent Investment Advisors LLC boosted its stake in shares of Arbor Realty Trust by 27.0% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 17,497 shares of the real estate investment trust's stock worth $272,000 after acquiring an additional 3,715 shares during the period. Sigma Planning Corp boosted its position in Arbor Realty Trust by 21.5% during the third quarter. Sigma Planning Corp now owns 27,528 shares of the real estate investment trust's stock worth $428,000 after purchasing an additional 4,872 shares during the period. Finally, Disciplined Investments LLC acquired a new position in Arbor Realty Trust in the 3rd quarter valued at about $156,000. Institutional investors own 57.25% of the company's stock.

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Arbor Realty Trust Price Performance

Shares of Arbor Realty Trust stock traded down $0.20 during midday trading on Thursday, hitting $12.07. 2,701,821 shares of the company traded hands, compared to its average volume of 3,260,495. The firm's fifty day moving average price is $13.19 and its 200-day moving average price is $14.09. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of 10.14 and a beta of 2.05. Arbor Realty Trust, Inc. has a 12 month low of $11.43 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.

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 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.02). Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. The firm had revenue of $262.87 million for the quarter, compared to analyst estimates of $88.92 million. As a group, sell-side analysts forecast that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current year.

Arbor Realty Trust Announces Dividend

The company 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 14.26%. The ex-dividend date of this dividend is Friday, March 7th. Arbor Realty Trust's dividend payout ratio is currently 144.54%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ABR. JPMorgan Chase & Co. reduced their target price on shares of 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. Raymond James lowered Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research note on Monday, February 24th. Finally, Keefe, Bruyette & Woods reduced their target price on Arbor Realty Trust from $13.50 to $12.00 and set a "market perform" rating on the stock in a report on Tuesday, February 25th. 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 company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $13.75.

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.