Sei Investments Co. Raises Stock Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Sei Investments Co. grew its position in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 1,208.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 153,898 shares of the real estate investment trust's stock after acquiring an additional 142,138 shares during the quarter. Sei Investments Co. owned about 0.08% of Arbor Realty Trust worth $2,131,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ABR. Raymond James Financial Inc. purchased a new stake in shares of Arbor Realty Trust during the fourth quarter worth approximately $15,967,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Arbor Realty Trust in the 4th quarter valued at $2,181,000. Wealthfront Advisers LLC purchased a new position in Arbor Realty Trust during the 4th quarter worth $1,854,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Arbor Realty Trust by 52.3% in 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 worth $4,535,000 after acquiring an additional 100,055 shares during the period. Finally, Van ECK Associates Corp boosted its holdings in shares of Arbor Realty Trust by 9.4% in the fourth quarter. Van ECK Associates Corp now owns 1,111,967 shares of the real estate investment trust's stock valued at $15,401,000 after acquiring an additional 95,107 shares in the last quarter. 57.25% of the stock is currently owned by hedge funds and other institutional investors.

Arbor Realty Trust Price Performance

NYSE ABR traded down $0.67 during mid-day trading on Thursday, hitting $10.41. The stock had a trading volume of 5,084,948 shares, compared to its average volume of 3,335,470. The company has a 50 day simple moving average of $12.34 and a 200 day simple moving average of $13.71. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 8.75 and a beta of 1.66. Arbor Realty Trust, Inc. has a 52-week low of $9.66 and a 52-week high of $15.94.

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

Arbor Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 16.52%. The ex-dividend date of this dividend was Friday, March 7th. Arbor Realty Trust's dividend payout ratio (DPR) is presently 144.54%.

Wall Street Analyst Weigh In

ABR has been the subject of several analyst reports. Keefe, Bruyette & Woods cut their price target on shares of Arbor Realty Trust from $12.00 to $11.75 and set a "market perform" rating for the company in a report on Monday. Raymond James downgraded Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research note on Monday, February 24th. Finally, 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. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $13.71.

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.