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

Wealthfront Advisers LLC bought a new stake in Arbor Realty Trust, Inc. (NYSE:ABR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC purchased a new stake in shares of Arbor Realty Trust in the fourth quarter valued at $1,144,000. Nisa Investment Advisors LLC increased its stake in Arbor Realty Trust by 29.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust's stock worth $1,459,000 after buying an additional 23,987 shares during the period. Bank of New York Mellon Corp increased its stake in Arbor Realty Trust by 2.2% in the 4th quarter. Bank of New York Mellon Corp now owns 1,258,343 shares of the real estate investment trust's stock worth $17,428,000 after buying an additional 27,327 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased 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 buying an additional 100,055 shares during the period. Finally, Pathstone Holdings LLC increased its stake in Arbor Realty Trust by 42.0% in the 3rd 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. Hedge funds and other institutional investors own 57.25% of the company's stock.

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Arbor Realty Trust Stock Performance

Shares of Arbor Realty Trust stock traded up $0.05 during midday trading on Wednesday, hitting $12.33. The company had a trading volume of 2,453,470 shares, compared to its average volume of 3,249,211. The stock has a market cap of $2.34 billion, a price-to-earnings ratio of 10.36 and a beta of 2.05. 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 fifty day simple moving average of $13.07 and a 200 day simple moving average of $14.06. 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 announced its quarterly earnings data on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing the consensus estimate 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 company had revenue of $262.87 million during the quarter, compared to analysts' expectations of $88.92 million. As a group, analysts predict that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 13.95%. The ex-dividend date is Friday, March 7th. Arbor Realty Trust's dividend payout ratio is presently 144.54%.

Wall Street Analyst Weigh In

ABR has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reduced their price target on shares of Arbor Realty Trust from $13.50 to $12.00 and set a "market perform" rating on the stock in a research note on Tuesday, February 25th. JPMorgan Chase & Co. dropped their target price on shares of Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating on the stock in a report on Tuesday, January 21st. Finally, Raymond James cut shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a report on Monday, February 24th. Two equities 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. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price 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.