Edgestream Partners L.P. Invests $1.44 Million in Arbor Realty Trust, Inc. (NYSE:ABR)

Edgestream Partners L.P. bought a new stake in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 92,735 shares of the real estate investment trust's stock, valued at approximately $1,443,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ABR. GAMMA Investing LLC boosted its position in shares of Arbor Realty Trust by 75.5% during the third quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust's stock valued at $25,000 after buying an additional 688 shares during the last quarter. Harbor Capital Advisors Inc. acquired a new position in Arbor Realty Trust during the third quarter worth about $38,000. Glenmede Trust Co. NA grew its position in shares of 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 valued at $44,000 after purchasing an additional 701 shares during the last quarter. KBC Group NV lifted its stake in shares of Arbor Realty Trust by 39.1% in the 3rd 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 period. Finally, Prospera Private Wealth LLC acquired a new stake in shares of Arbor Realty Trust in the 3rd quarter worth approximately $102,000. Institutional investors own 57.25% of the company's stock.

Arbor Realty Trust Price Performance

Shares of Arbor Realty Trust stock remained flat at $14.14 on Wednesday. The stock had a trading volume of 2,157,293 shares, compared to its average volume of 3,741,823. 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 $2.67 billion, a PE ratio of 10.48 and a beta of 2.03. Arbor Realty Trust, Inc. has a 12 month low of $11.92 and a 12 month high of $16.35. The business's 50-day simple moving average is $15.05 and its 200-day simple moving average is $14.24.

Arbor Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 12.16%. The ex-dividend date was Friday, November 15th. Arbor Realty Trust's dividend payout ratio (DPR) is presently 127.41%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ABR shares. Raymond James increased 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 note on Thursday, September 19th. JMP Securities boosted their target price on Arbor Realty Trust from $16.00 to $16.50 and gave the stock a "market outperform" rating in a research note on Friday, September 27th. Finally, JPMorgan Chase & Co. raised their price target 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 analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $14.25.

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.