TrueMark Investments LLC Sells 166,695 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

TrueMark Investments LLC decreased its holdings in shares of Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 54.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 142,085 shares of the real estate investment trust's stock after selling 166,695 shares during the period. TrueMark Investments LLC owned approximately 0.08% of Arbor Realty Trust worth $1,968,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new position in shares of Arbor Realty Trust in the 4th quarter valued at $1,144,000. Nisa Investment Advisors LLC increased its position in shares of Arbor Realty Trust by 29.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust's stock worth $1,459,000 after acquiring an additional 23,987 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Arbor Realty Trust by 2.2% during the fourth quarter. Bank of New York Mellon Corp now owns 1,258,343 shares of the real estate investment trust's stock valued at $17,428,000 after acquiring an additional 27,327 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in 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 purchasing an additional 100,055 shares during the period. Finally, Pathstone Holdings LLC boosted its position in shares of 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. Institutional investors and hedge funds own 57.25% of the company's stock.

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Arbor Realty Trust Stock Performance

Shares of Arbor Realty Trust stock traded down $0.29 on Friday, reaching $11.76. The stock had a trading volume of 2,437,526 shares, compared to its average volume of 3,277,611. The company has a debt-to-equity ratio of 2.41, a quick ratio of 35.68 and a current ratio of 37.49. The business's 50-day moving average price is $12.86 and its two-hundred day moving average price is $13.99. The stock has a market cap of $2.23 billion, a P/E ratio of 9.88 and a beta of 2.05. Arbor Realty Trust, Inc. has a fifty-two week low of $11.43 and a fifty-two week high of $15.94.

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 analysts' consensus estimates of $0.41 by ($0.02). Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. The firm had revenue of $262.87 million for the quarter, compared to the consensus estimate of $88.92 million. On average, sell-side analysts forecast that Arbor Realty Trust, Inc. will post 1.65 EPS for the current year.

Arbor Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 14.63%. The ex-dividend date was Friday, March 7th. Arbor Realty Trust's dividend payout ratio (DPR) is presently 144.54%.

Wall Street Analysts Forecast Growth

ABR has been the subject of several research reports. Keefe, Bruyette & Woods decreased 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 report on Tuesday, February 25th. JPMorgan Chase & Co. dropped their target price on Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating on the stock in a research report on Tuesday, January 21st. Finally, Raymond James lowered shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research report on Monday, February 24th. Two investment 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. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $13.75.

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.