Keefe, Bruyette & Woods Issues Pessimistic Forecast for Arbor Realty Trust (NYSE:ABR) Stock Price

Arbor Realty Trust (NYSE:ABR - Get Free Report) had its price target decreased by investment analysts at Keefe, Bruyette & Woods from $14.25 to $13.50 in a report issued on Tuesday,Benzinga reports. The firm currently has a "market perform" rating on the real estate investment trust's stock. Keefe, Bruyette & Woods' target price suggests a potential upside of 1.43% from the company's current price.

ABR has been the subject of a number of other reports. JMP Securities boosted their price objective on Arbor Realty Trust from $16.00 to $16.50 and gave the company a "market outperform" rating in a research note on Friday, September 27th. JPMorgan Chase & Co. upped their price target on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the stock an "underweight" rating in a research report on Thursday, October 17th. Finally, Raymond James raised their price objective on shares of Arbor Realty Trust from $15.00 to $16.00 and gave the company an "outperform" rating in a research report on Thursday, September 19th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Arbor Realty Trust currently has an average rating of "Hold" and a consensus target price of $14.17.

Arbor Realty Trust Stock Performance

Arbor Realty Trust stock traded up $0.15 during trading on Tuesday, reaching $13.31. The company had a trading volume of 2,048,131 shares, compared to its average volume of 2,495,443. The firm's 50-day simple moving average is $14.32 and its 200 day simple moving average is $14.26. Arbor Realty Trust has a 52 week low of $11.92 and a 52 week high of $15.94. The company has a current ratio of 35.68, a quick ratio of 35.68 and a debt-to-equity ratio of 2.67. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 9.86 and a beta of 2.04.

Insider Buying and Selling at Arbor Realty Trust

In other news, Director William C. Green acquired 5,269 shares of the firm's stock in a transaction dated Thursday, December 5th. The shares were acquired at an average cost of $14.17 per share, with a total value of $74,661.73. Following the acquisition, the director now directly owns 178,797 shares of the company's stock, valued at approximately $2,533,553.49. The trade was a 3.04 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 3.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Arbor Realty Trust

Several large investors have recently bought and sold shares of ABR. GAMMA Investing LLC grew its stake 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 buying an additional 688 shares in the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of Arbor Realty Trust in the 3rd quarter valued at about $38,000. Glenmede Trust Co. NA grew its position in Arbor Realty Trust by 33.1% in the third quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust's stock worth $44,000 after acquiring an additional 701 shares in the last quarter. KBC Group NV increased its stake in Arbor Realty Trust by 39.1% during the third quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust's stock worth $100,000 after acquiring an additional 1,796 shares during the last quarter. Finally, Prospera Private Wealth LLC purchased a new stake in Arbor Realty Trust during the third quarter valued at approximately $102,000. Institutional investors own 57.25% of the company's stock.

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.