Handelsbanken Fonder AB Purchases 1,000 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

Handelsbanken Fonder AB lifted its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 3.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,800 shares of the real estate investment trust’s stock after acquiring an additional 1,000 shares during the quarter. Handelsbanken Fonder AB’s holdings in Arbor Realty Trust were worth $468,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ABR. Melia Wealth LLC bought a new stake in shares of Arbor Realty Trust in the 4th quarter worth about $18,906,000. Vanguard Group Inc. lifted its holdings in Arbor Realty Trust by 4.2% during the 3rd quarter. Vanguard Group Inc. now owns 18,645,518 shares of the real estate investment trust’s stock valued at $283,039,000 after buying an additional 743,221 shares in the last quarter. Wellington Management Group LLP bought a new stake in Arbor Realty Trust during the 3rd quarter valued at about $6,220,000. Invesco Ltd. lifted its holdings in Arbor Realty Trust by 54.1% during the 3rd quarter. Invesco Ltd. now owns 890,357 shares of the real estate investment trust’s stock valued at $13,516,000 after buying an additional 312,694 shares in the last quarter. Finally, New York State Teachers Retirement System lifted its holdings in Arbor Realty Trust by 460.3% during the 3rd quarter. New York State Teachers Retirement System now owns 272,907 shares of the real estate investment trust’s stock valued at $4,143,000 after buying an additional 224,196 shares in the last quarter. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Trading Up 1.1 %

NYSE ABR opened at $12.97 on Thursday. The company has a debt-to-equity ratio of 3.21, a quick ratio of 36.02 and a current ratio of 36.02. The company has a market capitalization of $2.46 billion, a price-to-earnings ratio of 7.37 and a beta of 1.97. The company’s 50-day simple moving average is $12.85 and its two-hundred day simple moving average is $13.43. Arbor Realty Trust, Inc. has a one year low of $10.70 and a one year high of $17.74.

Arbor Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 13.27%. The ex-dividend date was Friday, March 1st. Arbor Realty Trust’s payout ratio is currently 97.73%.

Insider Transactions at Arbor Realty Trust

In other news, Director William C. Green acquired 10,209 shares of the business’s stock in a transaction dated Monday, March 18th. The shares were purchased at an average price of $12.93 per share, with a total value of $132,002.37. Following the transaction, the director now directly owns 162,809 shares in the company, valued at $2,105,120.37. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 3.70% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. JMP Securities decreased their price objective on shares of Arbor Realty Trust from $19.00 to $17.00 and set a “market outperform” rating for the company in a report on Thursday, February 1st. TheStreet upgraded shares of Arbor Realty Trust from a “d+” rating to a “c” rating in a report on Monday, March 18th. JPMorgan Chase & Co. cut their target price on shares of Arbor Realty Trust from $12.50 to $12.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 10th. Wedbush reissued a “neutral” rating and set a $13.00 target price (down previously from $17.00) on shares of Arbor Realty Trust in a research report on Thursday, April 11th. Finally, Keefe, Bruyette & Woods cut their target price on shares of Arbor Realty Trust from $13.50 to $13.25 and set a “market perform” rating on the stock in a research report on Wednesday, April 10th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $14.71.

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.