Strategic Wealth Investment Group LLC Sells 373,232 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

Strategic Wealth Investment Group LLC decreased its position in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 85.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 61,993 shares of the real estate investment trust's stock after selling 373,232 shares during the period. Strategic Wealth Investment Group LLC's holdings in Arbor Realty Trust were worth $960,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of ABR. GAMMA Investing LLC increased its stake in shares of Arbor Realty Trust by 75.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust's stock valued at $25,000 after acquiring an additional 688 shares in the last quarter. Westside Investment Management Inc. acquired a new position in shares of Arbor Realty Trust during the first quarter valued at about $27,000. PNC Financial Services Group Inc. boosted its position in shares of Arbor Realty Trust by 16.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,131 shares of the real estate investment trust's stock worth $108,000 after purchasing an additional 1,010 shares in the last quarter. Signaturefd LLC grew its stake in shares of Arbor Realty Trust by 20.6% in the 2nd quarter. Signaturefd LLC now owns 8,807 shares of the real estate investment trust's stock valued at $126,000 after buying an additional 1,504 shares during the period. Finally, Sfmg LLC bought a new stake in Arbor Realty Trust in the 1st quarter valued at about $133,000. Institutional investors own 57.25% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Piper Sandler raised their price objective on Arbor Realty Trust from $12.00 to $12.50 and gave the company an "underweight" rating in a research note on Monday, August 5th. Keefe, Bruyette & Woods lifted their price target on shares of Arbor Realty Trust from $13.25 to $14.00 and gave the company a "market perform" rating in a research report on Wednesday, July 10th. JMP Securities upped their price objective on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the stock a "market outperform" rating in a report on Friday, September 27th. Raymond James lifted their price objective on shares of Arbor Realty Trust from $15.00 to $16.00 and gave the company an "outperform" rating in a report on Thursday, September 19th. Finally, JPMorgan Chase & Co. upped their target price on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the stock an "underweight" rating in a report on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $14.25.

Arbor Realty Trust Stock Performance

Shares of NYSE ABR traded down $0.06 during midday trading on Tuesday, reaching $15.13. The company's stock had a trading volume of 1,253,716 shares, compared to its average volume of 3,888,384. The company has a debt-to-equity ratio of 2.78, a current ratio of 37.31 and a quick ratio of 37.31. The stock has a market capitalization of $2.85 billion, a P/E ratio of 9.39 and a beta of 2.06. The firm has a 50 day moving average price of $14.57 and a 200-day moving average price of $13.93. Arbor Realty Trust, Inc. has a 12-month low of $11.77 and a 12-month high of $16.35.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last issued its earnings results on Friday, August 2nd. The real estate investment trust reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.02. Arbor Realty Trust had a net margin of 24.59% and a return on equity of 15.75%. The firm had revenue of $297.19 million during the quarter, compared to analyst estimates of $300.69 million. During the same quarter last year, the business earned $0.56 earnings per share. As a group, equities analysts predict that Arbor Realty Trust, Inc. will post 1.7 earnings per share for the current year.

Arbor Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were paid a $0.43 dividend. The ex-dividend date was Friday, August 16th. This represents a $1.72 dividend on an annualized basis and a yield of 11.37%. Arbor Realty Trust's dividend payout ratio is 106.83%.

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.