Invesco Ltd. Purchases 799,973 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

Invesco Ltd. increased its stake in shares of Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 90.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,687,307 shares of the real estate investment trust's stock after buying an additional 799,973 shares during the quarter. Invesco Ltd. owned 0.89% of Arbor Realty Trust worth $23,369,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Bank of Montreal Can boosted its position in Arbor Realty Trust by 14.2% in the fourth quarter. Bank of Montreal Can now owns 23,692 shares of the real estate investment trust's stock valued at $328,000 after buying an additional 2,953 shares in the last quarter. Shakespeare Wealth Management LLC bought a new stake in shares of Arbor Realty Trust in the 4th quarter valued at about $59,000. Envestnet Asset Management Inc. acquired a new stake in shares of Arbor Realty Trust in the 4th quarter valued at approximately $152,000. O Shaughnessy Asset Management LLC grew its holdings in Arbor Realty Trust by 210.4% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 153,384 shares of the real estate investment trust's stock valued at $2,124,000 after purchasing an additional 103,964 shares during the period. Finally, Pictet Asset Management Holding SA grew its holdings in Arbor Realty Trust by 23.1% during the fourth quarter. Pictet Asset Management Holding SA now owns 26,797 shares of the real estate investment trust's stock valued at $371,000 after purchasing an additional 5,034 shares during the period. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Arbor Realty Trust Stock Performance

Shares of ABR traded down $0.16 during midday trading on Thursday, reaching $11.16. 844,942 shares of the stock were exchanged, compared to its average volume of 3,293,705. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. Arbor Realty Trust, Inc. has a twelve month low of $9.66 and a twelve month high of $15.94. The company has a market cap of $2.11 billion, a P/E ratio of 9.37 and a beta of 1.66. The stock's 50 day simple moving average is $11.83 and its 200 day simple moving average is $13.45.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last posted its 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). The company had revenue of $262.87 million during the quarter, compared to the consensus estimate of $88.92 million. Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. On average, sell-side analysts expect 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 was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were paid a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 15.42%. The ex-dividend date of this dividend was Friday, March 7th. Arbor Realty Trust's dividend payout ratio is currently 144.54%.

Analyst Ratings Changes

Several research analysts have weighed in on ABR shares. JPMorgan Chase & Co. reduced their target price on Arbor Realty Trust from $11.50 to $10.50 and set an "underweight" rating on the stock in a report on Wednesday, April 16th. Keefe, Bruyette & Woods dropped their target price on shares of Arbor Realty Trust from $12.00 to $11.75 and set a "market perform" rating on the stock in a report on Monday, April 7th. Finally, Raymond James downgraded shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research report on Monday, February 24th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $13.38.

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.