Capital Market Strategies LLC Buys 2,500 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

Capital Market Strategies LLC lifted its holdings in Arbor Realty Trust, Inc. (NYSE:ABR) by 16.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,977 shares of the real estate investment trust’s stock after purchasing an additional 2,500 shares during the period. Capital Market Strategies LLC’s holdings in Arbor Realty Trust were worth $249,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the business. Natixis Advisors LLC acquired a new stake in Arbor Realty Trust during the second quarter worth about $253,000. Rhumbline Advisers raised its position in Arbor Realty Trust by 0.7% in the 2nd quarter. Rhumbline Advisers now owns 600,251 shares of the real estate investment trust’s stock worth $8,614,000 after purchasing an additional 4,126 shares during the last quarter. Victory Capital Management Inc. grew its holdings in Arbor Realty Trust by 8.6% during the 2nd quarter. Victory Capital Management Inc. now owns 39,292 shares of the real estate investment trust’s stock worth $564,000 after acquiring an additional 3,119 shares during the period. Arizona State Retirement System boosted its holdings in Arbor Realty Trust by 1.9% during the second quarter. Arizona State Retirement System now owns 52,773 shares of the real estate investment trust’s stock worth $757,000 after buying an additional 968 shares during the last quarter. Finally, Certuity LLC acquired a new position in Arbor Realty Trust during the second quarter valued at approximately $4,305,000. 57.25% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ABR shares. JMP Securities increased their target price on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the stock a “market outperform” rating in a report on Friday, September 27th. JPMorgan Chase & Co. lifted their target price on Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a report on Thursday, October 17th. Finally, Raymond James increased their price target on Arbor Realty Trust from $15.00 to $16.00 and gave the stock an “outperform” rating in a report on Thursday, September 19th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Arbor Realty Trust has a consensus rating of “Hold” and an average target price of $14.25.

Insider Transactions at Arbor Realty Trust

In related news, Director William C. Green purchased 5,269 shares of the stock in a transaction on Thursday, December 5th. The shares were purchased at an average price of $14.17 per share, with a total value of $74,661.73. Following the transaction, the director now directly owns 178,797 shares of the company’s stock, valued at $2,533,553.49. This trade represents a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 3.70% of the company’s stock.

Arbor Realty Trust Stock Down 0.4 %

Shares of ABR traded down $0.05 during midday trading on Monday, hitting $13.93. The stock had a trading volume of 702,882 shares, compared to its average volume of 1,602,499. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 10.32 and a beta of 2.04. The company has a 50 day simple moving average of $14.50 and a two-hundred day simple moving average of $14.29. Arbor Realty Trust, Inc. has a twelve month low of $11.92 and a twelve month high of $15.94. The company has a debt-to-equity ratio of 2.67, a current ratio of 35.68 and a quick ratio of 35.68.

Arbor Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were paid a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 12.35%. The ex-dividend date was Friday, November 15th. Arbor Realty Trust’s payout ratio is 127.41%.

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.