William C. Green Purchases 5,269 Shares of Arbor Realty Trust, Inc. (NYSE:ABR) Stock

Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report) Director William C. Green bought 5,269 shares of the stock in a transaction on Thursday, December 5th. The shares were bought at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the acquisition, the director now owns 178,797 shares in the company, valued at $2,533,553.49. The trade was a 3.04 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Arbor Realty Trust Trading Up 2.2 %

Shares of NYSE ABR traded up $0.31 on Friday, reaching $14.31. 1,637,869 shares of the company traded hands, compared to its average volume of 3,724,367. The stock has a market capitalization of $2.70 billion, a PE ratio of 10.37 and a beta of 2.03. Arbor Realty Trust, Inc. has a fifty-two week low of $11.92 and a fifty-two week high of $16.35. The company has a current ratio of 35.68, a quick ratio of 35.68 and a debt-to-equity ratio of 2.67. The company has a 50 day moving average of $15.00 and a 200 day moving average of $14.23.

Arbor Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 12.02%. The ex-dividend date was Friday, November 15th. Arbor Realty Trust's dividend payout ratio (DPR) is 127.41%.

Analyst Ratings Changes

A number of analysts recently commented on ABR shares. Raymond James lifted their price objective on Arbor Realty Trust from $15.00 to $16.00 and gave the stock an "outperform" rating in a research report on Thursday, September 19th. JMP Securities boosted their price objective on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the company a "market outperform" rating in a research report on Friday, September 27th. Finally, JPMorgan Chase & Co. raised their target price on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the stock an "underweight" rating in a research report on Thursday, October 17th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $14.25.

Hedge Funds Weigh In On Arbor Realty Trust

A number of large investors have recently bought and sold shares of ABR. Franklin Resources Inc. increased its holdings in shares of Arbor Realty Trust by 3.3% during the 3rd quarter. Franklin Resources Inc. now owns 82,613 shares of the real estate investment trust's stock worth $1,259,000 after buying an additional 2,636 shares during the last quarter. Synovus Financial Corp acquired a new stake in Arbor Realty Trust during the third quarter worth about $305,000. Sfmg LLC raised its holdings in shares of Arbor Realty Trust by 25.6% in the 3rd quarter. Sfmg LLC now owns 17,509 shares of the real estate investment trust's stock worth $272,000 after purchasing an additional 3,569 shares during the period. Virtu Financial LLC acquired a new position in shares of Arbor Realty Trust in the 3rd quarter valued at about $223,000. Finally, Geode Capital Management LLC grew its holdings in shares of Arbor Realty Trust by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 4,298,957 shares of the real estate investment trust's stock worth $66,905,000 after purchasing an additional 45,370 shares during the period. Hedge funds and other institutional investors own 57.25% of the company's stock.

About Arbor Realty Trust

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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