Charles Schwab Investment Management Inc. Boosts Stock Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Charles Schwab Investment Management Inc. grew its position in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 3.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,493,105 shares of the real estate investment trust's stock after acquiring an additional 89,309 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.32% of Arbor Realty Trust worth $34,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. State Street Corp raised its holdings in shares of Arbor Realty Trust by 0.5% in the 3rd quarter. State Street Corp now owns 7,207,950 shares of the real estate investment trust's stock valued at $112,156,000 after purchasing an additional 32,788 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Arbor Realty Trust by 1.1% in the third quarter. Geode Capital Management LLC now owns 4,298,957 shares of the real estate investment trust's stock valued at $66,905,000 after purchasing an additional 45,370 shares during the period. Wasatch Advisors LP lifted its holdings in Arbor Realty Trust by 29.4% in the 3rd quarter. Wasatch Advisors LP now owns 3,511,381 shares of the real estate investment trust's stock valued at $54,637,000 after purchasing an additional 797,453 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Arbor Realty Trust by 2.2% in the fourth quarter. Bank of New York Mellon Corp now owns 1,258,343 shares of the real estate investment trust's stock valued at $17,428,000 after purchasing an additional 27,327 shares during the last quarter. Finally, Van ECK Associates Corp raised its stake in Arbor Realty Trust by 9.4% during the fourth quarter. Van ECK Associates Corp now owns 1,111,967 shares of the real estate investment trust's stock worth $15,401,000 after purchasing an additional 95,107 shares during the period. 57.25% of the stock is currently owned by hedge funds and other institutional investors.

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Arbor Realty Trust Stock Performance

ABR stock traded down $0.19 during trading on Monday, reaching $12.22. 3,000,178 shares of the stock were exchanged, compared to its average volume of 3,243,129. The company has a market capitalization of $2.32 billion, a P/E ratio of 10.27 and a beta of 2.05. Arbor Realty Trust, Inc. has a twelve month low of $11.43 and a twelve month high of $15.94. The stock has a 50 day simple moving average of $13.13 and a 200-day simple moving average of $14.08. The company has a current ratio of 37.49, a quick ratio of 35.68 and a debt-to-equity ratio of 2.41.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last announced its quarterly earnings results on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts' consensus estimates 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 company had revenue of $262.87 million during the quarter, compared to the consensus estimate of $88.92 million. As a group, sell-side analysts anticipate that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current year.

Arbor Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $1.72 annualized dividend and a yield of 14.08%. Arbor Realty Trust's dividend payout ratio is currently 144.54%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ABR shares. Raymond James cut shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research report on Monday, February 24th. Keefe, Bruyette & Woods reduced their price target on Arbor Realty Trust from $13.50 to $12.00 and set a "market perform" rating for the company in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating on the stock in a research report on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $13.75.

Arbor Realty Trust 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.