Arbor Realty Trust, Inc. (NYSE:ABR) Stock Holdings Lifted by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its holdings in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 64.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 92,210 shares of the real estate investment trust's stock after buying an additional 36,099 shares during the period. BNP Paribas Financial Markets' holdings in Arbor Realty Trust were worth $1,435,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. boosted its position in shares of Arbor Realty Trust by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,403,796 shares of the real estate investment trust's stock worth $37,403,000 after acquiring an additional 97,454 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Arbor Realty Trust by 3.1% during the second quarter. Bank of New York Mellon Corp now owns 1,421,552 shares of the real estate investment trust's stock worth $20,399,000 after purchasing an additional 43,165 shares during the period. Van ECK Associates Corp boosted its holdings in shares of Arbor Realty Trust by 2.7% in the 3rd quarter. Van ECK Associates Corp now owns 1,016,860 shares of the real estate investment trust's stock valued at $15,538,000 after purchasing an additional 26,376 shares during the last quarter. Rhumbline Advisers grew its stake in shares of Arbor Realty Trust by 0.7% during the 2nd quarter. Rhumbline Advisers now owns 600,251 shares of the real estate investment trust's stock valued at $8,614,000 after buying an additional 4,126 shares during the period. Finally, Raymond James & Associates increased its holdings in shares of Arbor Realty Trust by 5.7% during the 3rd quarter. Raymond James & Associates now owns 478,026 shares of the real estate investment trust's stock worth $7,438,000 after buying an additional 25,975 shares during the last quarter. Hedge funds and other institutional investors own 57.25% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on ABR shares. JMP Securities lifted their target price on Arbor Realty Trust from $16.00 to $16.50 and gave the company a "market outperform" rating in a report on Friday, September 27th. Raymond James raised their price objective on Arbor Realty Trust from $15.00 to $16.00 and gave the stock an "outperform" rating in a report on Thursday, September 19th. Finally, JPMorgan Chase & Co. boosted their target price on Arbor Realty Trust from $12.00 to $13.50 and gave the stock an "underweight" rating in a report on Thursday, October 17th. Two 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 stock. Based on data from MarketBeat, Arbor Realty Trust has a consensus rating of "Hold" and a consensus target price of $14.25.

Insider Buying and Selling at Arbor Realty Trust

In related news, Director William C. Green purchased 5,269 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average cost of $14.17 per share, with a total value of $74,661.73. Following the completion of 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.70% of the stock is currently owned by corporate insiders.

Arbor Realty Trust Stock Down 0.1 %

Shares of ABR stock traded down $0.02 during trading hours on Monday, reaching $14.29. The company had a trading volume of 1,563,443 shares, compared to its average volume of 3,715,358. The company has a market capitalization of $2.70 billion, a P/E ratio of 10.60 and a beta of 2.03. Arbor Realty Trust, Inc. has a twelve month low of $11.92 and a twelve month high of $16.35. The stock's fifty day simple moving average is $14.97 and its 200 day simple moving average is $14.25. The company has a debt-to-equity ratio of 2.67, a quick ratio of 35.68 and a current ratio of 35.68.

Arbor Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were issued a $0.43 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.72 dividend on an annualized basis and a yield of 12.04%. Arbor Realty Trust's dividend payout ratio is currently 127.41%.

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.