Janney Montgomery Scott LLC Makes New Investment in Arbor Realty Trust, Inc. (NYSE:ABR)

Janney Montgomery Scott LLC bought a new position in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 82,616 shares of the real estate investment trust's stock, valued at approximately $1,144,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ABR. GAMMA Investing LLC boosted its position in shares of Arbor Realty Trust by 75.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust's stock worth $25,000 after purchasing an additional 688 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new stake in shares of Arbor Realty Trust in the third quarter valued at about $38,000. Glenmede Trust Co. NA boosted its holdings in Arbor Realty Trust by 33.1% during the third quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust's stock worth $44,000 after buying an additional 701 shares in the last quarter. KBC Group NV grew its position 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 buying an additional 1,796 shares during the period. Finally, Prospera Private Wealth LLC purchased a new position in Arbor Realty Trust in the third quarter valued at about $102,000. Hedge funds and other institutional investors own 57.25% of the company's stock.

Arbor Realty Trust Price Performance

ABR stock traded up $0.01 on Wednesday, reaching $13.74. The company had a trading volume of 1,500,986 shares, compared to its average volume of 2,275,732. The company's fifty day moving average is $13.85 and its 200 day moving average is $14.19. The company has a market cap of $2.59 billion, a P/E ratio of 10.17 and a beta of 2.03. 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, Inc. has a 1 year low of $11.92 and a 1 year high of $15.94.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ABR. JPMorgan Chase & Co. decreased their price target on Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating on the stock in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods decreased their target price on Arbor Realty Trust from $14.25 to $13.50 and set a "market perform" rating on the stock in a research report on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Arbor Realty Trust has an average rating of "Hold" and a consensus price target of $14.00.

Insider Transactions at Arbor Realty Trust

In other news, Director William C. Green acquired 5,269 shares of the business's stock in a transaction dated Thursday, December 5th. The stock was acquired at an average price of $14.17 per share, with a total value of $74,661.73. Following the completion of the transaction, the director now directly owns 178,797 shares in the company, valued at approximately $2,533,553.49. This represents a 3.04 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 3.70% 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.