Vanguard Group Inc. Trims Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Vanguard Group Inc. trimmed its position in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) by 0.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,520,775 shares of the real estate investment trust's stock after selling 44,803 shares during the period. Vanguard Group Inc. owned about 10.35% of Arbor Realty Trust worth $270,363,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. LPL Financial LLC increased its position in shares of Arbor Realty Trust by 1.1% during the fourth quarter. LPL Financial LLC now owns 596,920 shares of the real estate investment trust's stock worth $8,267,000 after purchasing an additional 6,786 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Arbor Realty Trust during the 4th quarter worth $1,038,000. Sei Investments Co. grew its holdings in shares of Arbor Realty Trust by 1,208.7% during the fourth quarter. Sei Investments Co. now owns 153,898 shares of the real estate investment trust's stock worth $2,131,000 after buying an additional 142,138 shares in the last quarter. Virtu Financial LLC raised its position in shares of Arbor Realty Trust by 96.7% in the fourth quarter. Virtu Financial LLC now owns 28,254 shares of the real estate investment trust's stock valued at $391,000 after buying an additional 13,893 shares during the last quarter. Finally, Palogic Value Management L.P. lifted its stake in shares of Arbor Realty Trust by 12.8% in the fourth quarter. Palogic Value Management L.P. now owns 94,298 shares of the real estate investment trust's stock worth $1,306,000 after buying an additional 10,675 shares in the last quarter. Institutional investors and hedge funds own 57.25% of the company's stock.

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Arbor Realty Trust Trading Up 9.4 %

Shares of NYSE ABR traded up $0.95 during trading on Wednesday, reaching $11.10. The stock had a trading volume of 6,949,308 shares, compared to its average volume of 3,341,448. 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 company has a market cap of $2.10 billion, a P/E ratio of 9.33 and a beta of 1.66. The business's 50-day moving average price is $12.40 and its 200-day moving average price is $13.75. Arbor Realty Trust, Inc. has a fifty-two week low of $9.70 and a fifty-two week high of $15.94.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $262.87 million during the quarter, compared to analysts' expectations of $88.92 million. Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. On average, equities research analysts predict that Arbor Realty Trust, Inc. will post 1.65 EPS for the current fiscal year.

Arbor Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were given a dividend of $0.43 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $1.72 annualized dividend and a dividend yield of 15.50%. Arbor Realty Trust's dividend payout ratio is presently 144.54%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Keefe, Bruyette & Woods dropped their price objective on shares of Arbor Realty Trust from $12.00 to $11.75 and set a "market perform" rating for the company in a research note on Monday. JPMorgan Chase & Co. reduced their price objective 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 report on Monday, February 24th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $13.71.

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.