KLP Kapitalforvaltning AS Takes $1.04 Million Position in Arbor Realty Trust, Inc. (NYSE:ABR)

KLP Kapitalforvaltning AS purchased a new stake in shares of Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 74,968 shares of the real estate investment trust's stock, valued at approximately $1,038,000.

Other large investors have also recently added to or reduced their stakes in the company. Glenmede Trust Co. NA increased its position in shares of 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 valued at $44,000 after purchasing an additional 701 shares during the period. CIBC Asset Management Inc boosted its stake in Arbor Realty Trust by 4.3% during the fourth quarter. CIBC Asset Management Inc now owns 18,676 shares of the real estate investment trust's stock worth $259,000 after buying an additional 774 shares in the last quarter. Natixis Advisors LLC increased its holdings in Arbor Realty Trust by 5.0% in the 4th quarter. Natixis Advisors LLC now owns 16,728 shares of the real estate investment trust's stock valued at $232,000 after buying an additional 797 shares during the period. Principal Securities Inc. raised its stake in shares of Arbor Realty Trust by 10.0% in the 4th quarter. Principal Securities Inc. now owns 9,062 shares of the real estate investment trust's stock valued at $126,000 after buying an additional 825 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its position in shares of Arbor Realty Trust by 0.7% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 153,494 shares of the real estate investment trust's stock valued at $2,126,000 after acquiring an additional 1,007 shares in the last quarter. Institutional investors and hedge funds own 57.25% of the company's stock.

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Arbor Realty Trust Price Performance

ABR stock traded down $0.06 during midday trading on Thursday, reaching $11.72. 4,221,066 shares of the company's stock traded hands, compared to its average volume of 3,285,365. The company has a 50-day simple moving average of $12.73 and a two-hundred day simple moving average of $13.93. 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 1-year low of $11.35 and a 1-year high of $15.94. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 9.84 and a beta of 2.05.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last announced its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02). The business had revenue of $262.87 million during the quarter, compared to analyst estimates of $88.92 million. Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. On average, analysts anticipate that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current year.

Arbor Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 14.68%. The ex-dividend date of this dividend was Friday, March 7th. Arbor Realty Trust's dividend payout ratio is presently 144.54%.

Analyst Ratings Changes

Several research analysts recently issued reports on ABR shares. Keefe, Bruyette & Woods dropped their price target on shares of Arbor Realty Trust from $13.50 to $12.00 and set a "market perform" rating for the company in a research report on Tuesday, February 25th. 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. Finally, Raymond James lowered Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research note on Monday, February 24th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price 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.