Marshall Wace LLP Has $7.24 Million Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Marshall Wace LLP cut its holdings in Arbor Realty Trust, Inc. (NYSE:ABR – Get Rating) by 54.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 629,700 shares of the real estate investment trust’s stock after selling 754,919 shares during the period. Marshall Wace LLP owned approximately 0.37% of Arbor Realty Trust worth $7,241,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. AlphaCrest Capital Management LLC acquired a new stake in Arbor Realty Trust during the first quarter worth about $212,000. MetLife Investment Management LLC grew its stake in Arbor Realty Trust by 55.4% during the first quarter. MetLife Investment Management LLC now owns 76,796 shares of the real estate investment trust’s stock worth $1,310,000 after buying an additional 27,383 shares in the last quarter. Great West Life Assurance Co. Can grew its stake in Arbor Realty Trust by 20.4% during the first quarter. Great West Life Assurance Co. Can now owns 7,214 shares of the real estate investment trust’s stock worth $131,000 after buying an additional 1,223 shares in the last quarter. Cetera Investment Advisers grew its stake in Arbor Realty Trust by 12.0% during the first quarter. Cetera Investment Advisers now owns 138,111 shares of the real estate investment trust’s stock worth $2,356,000 after buying an additional 14,771 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in Arbor Realty Trust by 28.7% during the first quarter. Vanguard Group Inc. now owns 9,436,190 shares of the real estate investment trust’s stock worth $160,982,000 after buying an additional 2,103,266 shares in the last quarter. 40.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods increased their price objective on shares of Arbor Realty Trust from $14.50 to $15.50 and gave the stock a “market perform” rating in a research note on Tuesday, February 21st. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $16.60.

Arbor Realty Trust Stock Down 4.0 %

ABR stock opened at $13.15 on Friday. The stock has a market capitalization of $2.36 billion, a P/E ratio of 7.92 and a beta of 1.97. The company has a current ratio of 46.60, a quick ratio of 46.60 and a debt-to-equity ratio of 3.85. Arbor Realty Trust, Inc. has a 12 month low of $11.16 and a 12 month high of $17.89. The firm has a 50-day moving average price of $14.62 and a 200-day moving average price of $14.08.

Arbor Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 17th. Stockholders of record on Monday, March 13th will be issued a $0.40 dividend. The ex-dividend date is Friday, March 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 12.17%. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 96.39%.

Arbor Realty Trust Company Profile

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Arbor Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of loan origination and servicing for multifamily, seniors housing, healthcare, and diverse commercial real estate assets. It operates through the Structured Business and Agency Business segments. The Structured Business segment offers structured loan origination and investment services.