Pathstone Holdings LLC Increases Stake in Arbor Realty Trust, Inc. (NYSE:ABR)

Pathstone Holdings LLC increased its holdings in shares of Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 42.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 132,210 shares of the real estate investment trust's stock after purchasing an additional 39,072 shares during the period. Pathstone Holdings LLC owned approximately 0.07% of Arbor Realty Trust worth $2,057,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. GAMMA Investing LLC raised its holdings in shares of Arbor Realty Trust by 75.5% in the third quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust's stock valued at $25,000 after purchasing an additional 688 shares during the last quarter. Harbor Capital Advisors Inc. bought a new stake in Arbor Realty Trust during the third quarter valued at $38,000. KBC Group NV raised its stake in Arbor Realty Trust by 39.1% in the third quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust's stock valued at $100,000 after purchasing an additional 1,796 shares in the last quarter. Signaturefd LLC raised its position in Arbor Realty Trust by 20.6% during the second quarter. Signaturefd LLC now owns 8,807 shares of the real estate investment trust's stock valued at $126,000 after purchasing an additional 1,504 shares in the last quarter. Finally, Quest Partners LLC raised its holdings in shares of Arbor Realty Trust by 1,053.3% during the 3rd quarter. Quest Partners LLC now owns 9,342 shares of the real estate investment trust's stock valued at $145,000 after buying an additional 8,532 shares in the last quarter. Institutional investors and hedge funds own 57.25% of the company's stock.

Analyst Ratings Changes

ABR has been the subject of several recent analyst reports. JMP Securities upped their price objective on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the company a "market outperform" rating in a research note on Friday, September 27th. Raymond James upped their price target on shares of Arbor Realty Trust from $15.00 to $16.00 and gave the stock an "outperform" rating in a research note on Thursday, September 19th. JPMorgan Chase & Co. boosted their price target on Arbor Realty Trust from $12.00 to $13.50 and gave the stock an "underweight" rating in a research note on Thursday, October 17th. Finally, Piper Sandler increased their price target on Arbor Realty Trust from $12.00 to $12.50 and gave the company an "underweight" rating in a report on Monday, August 5th. 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 stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $14.25.

Arbor Realty Trust Stock Down 0.3 %

Shares of Arbor Realty Trust stock traded down $0.04 on Wednesday, reaching $14.80. The stock had a trading volume of 2,264,037 shares, compared to its average volume of 3,765,298. The company has a 50 day moving average price of $15.11 and a 200 day moving average price of $14.22. The stock has a market capitalization of $2.79 billion, a P/E ratio of 11.13 and a beta of 2.06. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67. Arbor Realty Trust, Inc. has a 1 year low of $11.77 and a 1 year high of $16.35.

Arbor Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 11.62%. Arbor Realty Trust's payout ratio is currently 127.41%.

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.