UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 52.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 291,456 shares of the real estate investment trust's stock after acquiring an additional 100,055 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.15% of Arbor Realty Trust worth $4,535,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of ABR. Cetera Advisors LLC lifted its stake in Arbor Realty Trust by 21.1% in the first quarter. Cetera Advisors LLC now owns 19,204 shares of the real estate investment trust's stock valued at $254,000 after acquiring an additional 3,342 shares during the last quarter. SteelPeak Wealth LLC boosted its holdings in Arbor Realty Trust by 70.7% in the second quarter. SteelPeak Wealth LLC now owns 24,070 shares of the real estate investment trust's stock worth $345,000 after purchasing an additional 9,970 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its position in Arbor Realty Trust by 21.9% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 146,061 shares of the real estate investment trust's stock worth $2,096,000 after buying an additional 26,260 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in shares of Arbor Realty Trust by 34.5% in the second quarter. Nisa Investment Advisors LLC now owns 91,388 shares of the real estate investment trust's stock worth $1,311,000 after buying an additional 23,429 shares during the last quarter. Finally, SeaCrest Wealth Management LLC lifted its position in shares of Arbor Realty Trust by 3.2% in the second quarter. SeaCrest Wealth Management LLC now owns 67,025 shares of the real estate investment trust's stock worth $962,000 after buying an additional 2,052 shares during the last quarter. Institutional investors and hedge funds own 57.25% of the company's stock.
Arbor Realty Trust Price Performance
Shares of ABR stock remained flat at $14.28 during mid-day trading on Thursday. The company's stock had a trading volume of 1,538,835 shares, compared to its average volume of 3,689,923. Arbor Realty Trust, Inc. has a 52 week low of $11.92 and a 52 week high of $16.35. The company has a market capitalization of $2.69 billion, a price-to-earnings ratio of 10.65 and a beta of 2.03. The company has a 50 day moving average of $14.91 and a 200 day moving average of $14.26. The company has a current ratio of 35.68, a quick ratio of 35.68 and a debt-to-equity ratio of 2.67.
Arbor Realty Trust Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 12.04%. The ex-dividend date was Friday, November 15th. Arbor Realty Trust's dividend payout ratio (DPR) is currently 127.41%.
Insider Transactions at Arbor Realty Trust
In other news, Director William C. Green acquired 5,269 shares of the firm's stock in a transaction on Thursday, December 5th. The shares were purchased at an average cost of $14.17 per share, for a total transaction of $74,661.73. Following the transaction, the director now owns 178,797 shares of the company's stock, valued at approximately $2,533,553.49. This represents a 3.04 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.70% of the stock is owned by company insiders.
Analyst Ratings Changes
A number of brokerages recently weighed in on ABR. Raymond James raised their price objective on Arbor Realty Trust from $15.00 to $16.00 and gave the company an "outperform" rating in a research note on Thursday, September 19th. JPMorgan Chase & Co. lifted their price target on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the company an "underweight" rating in a research report on Thursday, October 17th. Finally, 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. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $14.25.
Read Our Latest Stock Analysis on ABR
Arbor Realty Trust Profile
(
Free Report)
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.
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