Analysts Set Arbor Realty Trust, Inc. (NYSE:ABR) Target Price at $14.17

Arbor Realty Trust, Inc. (NYSE:ABR) has been given a consensus rating of “Hold” by the six brokerages that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $14.00.

A number of analysts recently commented on ABR shares. Keefe, Bruyette & Woods decreased their price objective on Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating on the stock in a research note on Tuesday, January 14th. JPMorgan Chase & Co. decreased their price target on shares of Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating on the stock in a research note on Tuesday, January 21st.

Arbor Realty Trust Trading Up 0.8 %

NYSE:ABR opened at $13.41 on Tuesday. Arbor Realty Trust has a 1 year low of $11.92 and a 1 year high of $15.94. The company has a debt-to-equity ratio of 2.67, a quick ratio of 35.68 and a current ratio of 35.68. The stock has a fifty day moving average price of $14.01 and a two-hundred day moving average price of $14.20. The stock has a market capitalization of $2.53 billion, a price-to-earnings ratio of 9.94 and a beta of 2.04.

Arbor Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 12.82%. The ex-dividend date of this dividend was Friday, November 15th. Arbor Realty Trust’s dividend payout ratio is currently 127.41%.

Insider Transactions at Arbor Realty Trust

In other news, Director William C. Green acquired 5,269 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was acquired at an average cost of $14.17 per share, for a total transaction of $74,661.73. Following the acquisition, the director now directly owns 178,797 shares in the company, valued at approximately $2,533,553.49. This represents a 3.04 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 3.70% of the company’s stock.

Hedge Funds Weigh In On Arbor Realty Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in shares of Arbor Realty Trust by 75.5% in the third quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 688 shares during the last quarter. Raymond James Trust N.A. increased its position in shares of Arbor Realty Trust by 3.0% in the 3rd quarter. Raymond James Trust N.A. now owns 23,769 shares of the real estate investment trust’s stock worth $370,000 after purchasing an additional 698 shares during the last quarter. Glenmede Trust Co. NA raised its stake in shares of Arbor Realty Trust by 33.1% in the 3rd quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 701 shares in the last quarter. US Bancorp DE lifted its position in shares of Arbor Realty Trust by 6.3% during the third quarter. US Bancorp DE now owns 16,504 shares of the real estate investment trust’s stock worth $257,000 after purchasing an additional 979 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its stake in Arbor Realty Trust by 0.7% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 153,494 shares of the real estate investment trust’s stock worth $2,126,000 after purchasing an additional 1,007 shares in the last quarter. 57.25% of the stock is owned by hedge funds and other institutional investors.

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.