Wealthfront Advisers LLC Invests $1.85 Million in Arbor Realty Trust, Inc. (NYSE:ABR)

Wealthfront Advisers LLC bought a new position in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 133,887 shares of the real estate investment trust's stock, valued at approximately $1,854,000. Wealthfront Advisers LLC owned 0.07% of Arbor Realty Trust at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ABR. Raymond James Financial Inc. purchased a new stake in shares of Arbor Realty Trust in the 4th quarter worth about $15,967,000. Wasatch Advisors LP lifted its position in Arbor Realty Trust by 29.4% during the 3rd quarter. Wasatch Advisors LP now owns 3,511,381 shares of the real estate investment trust's stock valued at $54,637,000 after acquiring an additional 797,453 shares during the period. Kestra Investment Management LLC purchased a new position in Arbor Realty Trust during the 3rd quarter valued at about $1,823,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Arbor Realty Trust by 52.3% during 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 valued at $4,535,000 after acquiring an additional 100,055 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in Arbor Realty Trust by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,403,796 shares of the real estate investment trust's stock valued at $37,403,000 after acquiring an additional 97,454 shares during the period. 57.25% of the stock is owned by hedge funds and other institutional investors.

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Arbor Realty Trust Stock Performance

Shares of ABR traded up $0.02 on Tuesday, reaching $12.25. The company's stock had a trading volume of 517,174 shares, compared to its average volume of 3,244,499. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68. The stock has a market capitalization of $2.32 billion, a P/E ratio of 10.32 and a beta of 2.05. The stock's 50 day simple moving average is $13.10 and its two-hundred day simple moving average is $14.07. Arbor Realty Trust, Inc. has a 12-month low of $11.43 and a 12-month high of $15.94.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last posted its quarterly earnings data 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 return on equity of 14.75% and a net margin of 22.66%. The business had revenue of $262.87 million during the quarter, compared to analysts' expectations of $88.92 million. Research analysts forecast that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 14.05%. The ex-dividend date of this dividend is Friday, March 7th. Arbor Realty Trust's dividend payout ratio is currently 144.54%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ABR. Keefe, Bruyette & Woods lowered 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 research report on Tuesday, February 25th. Raymond James cut shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating for the company in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $13.75.

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.