Moors & Cabot Inc. Has $266,000 Stake in Arbor Realty Trust, Inc. (NYSE:ABR)

Moors & Cabot Inc. raised its stake in Arbor Realty Trust, Inc. (NYSE:ABRFree Report) by 34.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,500 shares of the real estate investment trust’s stock after buying an additional 4,500 shares during the quarter. Moors & Cabot Inc.’s holdings in Arbor Realty Trust were worth $266,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV increased its holdings in shares of Arbor Realty Trust by 1.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 49,627 shares of the real estate investment trust’s stock worth $571,000 after acquiring an additional 747 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in Arbor Realty Trust by 2.6% in the first quarter. Steward Partners Investment Advisory LLC now owns 33,563 shares of the real estate investment trust’s stock valued at $386,000 after purchasing an additional 847 shares in the last quarter. Signaturefd LLC grew its stake in Arbor Realty Trust by 19.8% in the second quarter. Signaturefd LLC now owns 5,403 shares of the real estate investment trust’s stock valued at $80,000 after purchasing an additional 894 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in Arbor Realty Trust by 8.4% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 11,541 shares of the real estate investment trust’s stock valued at $171,000 after purchasing an additional 896 shares in the last quarter. Finally, Strs Ohio lifted its position in shares of Arbor Realty Trust by 2.4% in the third quarter. Strs Ohio now owns 38,500 shares of the real estate investment trust’s stock valued at $584,000 after buying an additional 900 shares during the last quarter. Institutional investors and hedge funds own 53.00% of the company’s stock.

Insider Buying and Selling at Arbor Realty Trust

In related news, CFO Paul Elenio bought 7,500 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was bought at an average cost of $12.37 per share, for a total transaction of $92,775.00. Following the acquisition, the chief financial officer now directly owns 277,299 shares of the company’s stock, valued at approximately $3,430,188.63. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Arbor Realty Trust news, CEO Ivan Kaufman acquired 20,000 shares of the stock in a transaction that occurred on Friday, November 24th. The shares were acquired at an average cost of $12.15 per share, with a total value of $243,000.00. Following the transaction, the chief executive officer now owns 1,068,412 shares of the company’s stock, valued at approximately $12,981,205.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Paul Elenio purchased 7,500 shares of the stock in a transaction dated Thursday, November 16th. The shares were purchased at an average cost of $12.37 per share, for a total transaction of $92,775.00. Following the completion of the acquisition, the chief financial officer now directly owns 277,299 shares in the company, valued at $3,430,188.63. The disclosure for this purchase can be found here. Insiders have bought 77,500 shares of company stock worth $941,100 over the last 90 days. Corporate insiders own 3.40% of the company’s stock.

Arbor Realty Trust Price Performance

Arbor Realty Trust stock opened at $12.57 on Wednesday. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 7.10 and a beta of 2.00. The business’s 50 day simple moving average is $14.42 and its 200 day simple moving average is $14.58. Arbor Realty Trust, Inc. has a 12 month low of $10.10 and a 12 month high of $17.74. The company has a current ratio of 38.40, a quick ratio of 38.40 and a debt-to-equity ratio of 3.25.

Analyst Ratings Changes

A number of research firms have commented on ABR. Wedbush restated an “outperform” rating and set a $17.00 price objective on shares of Arbor Realty Trust in a research note on Thursday, November 30th. JMP Securities reduced their price objective on Arbor Realty Trust from $19.00 to $17.00 and set a “market outperform” rating on the stock in a research report on Thursday, February 1st. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $15.42.

Check Out Our Latest Stock Report on Arbor Realty Trust

Arbor Realty Trust Company Profile

(Free Report)

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 in two segments, Structured Business and Agency Business. 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.

Further Reading

Institutional Ownership by Quarter for Arbor Realty Trust (NYSE:ABR)

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