Nisa Investment Advisors LLC Boosts Stock Position in Arbor Realty Trust, Inc. (NYSE:ABR)

Nisa Investment Advisors LLC grew its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 29.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 105,373 shares of the real estate investment trust's stock after purchasing an additional 23,987 shares during the period. Nisa Investment Advisors LLC owned about 0.06% of Arbor Realty Trust worth $1,459,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ABR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Arbor Realty Trust by 52.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,456 shares of the real estate investment trust's stock valued at $4,535,000 after purchasing an additional 100,055 shares during the period. Pathstone Holdings LLC lifted its holdings in Arbor Realty Trust by 42.0% in the third quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust's stock worth $2,057,000 after buying an additional 39,072 shares during the period. Edgestream Partners L.P. bought a new stake in Arbor Realty Trust during the 3rd quarter valued at approximately $1,443,000. Intech Investment Management LLC purchased a new position in shares of Arbor Realty Trust during the 3rd quarter worth approximately $820,000. Finally, Geode Capital Management LLC raised its holdings in 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 worth $66,905,000 after purchasing an additional 45,370 shares in the last quarter. 57.25% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ABR shares. JPMorgan Chase & Co. decreased their target price on shares of Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating for the company in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods lowered their price objective on Arbor Realty Trust from $14.25 to $13.50 and set a "market perform" rating for the company in a research note on Tuesday, January 14th. Two research 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. According to MarketBeat.com, Arbor Realty Trust has a consensus rating of "Hold" and a consensus target price of $14.00.

Insider Activity

In other news, Director William C. Green bought 5,269 shares of the stock in a transaction dated Thursday, December 5th. The stock was purchased at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the acquisition, the director now owns 178,797 shares of the company's stock, valued at $2,533,553.49. The trade was a 3.04 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 3.70% of the company's stock.

Arbor Realty Trust Stock Performance

Arbor Realty Trust stock traded down $0.24 during trading on Tuesday, reaching $13.38. The company had a trading volume of 2,676,764 shares, compared to its average volume of 2,304,780. The firm's 50-day simple moving average is $13.99 and its 200 day simple moving average is $14.18. Arbor Realty Trust, Inc. has a 52 week low of $11.92 and a 52 week high of $15.94. 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 $2.52 billion, a price-to-earnings ratio of 9.91 and a beta of 2.04.

Arbor Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were issued a dividend of $0.43 per share. The ex-dividend date was Friday, November 15th. This represents a $1.72 dividend on an annualized basis and a yield of 12.86%. Arbor Realty Trust's dividend payout ratio is presently 127.41%.

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.