Arbor Realty Trust, Inc. (NYSE:ABR) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 21.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 70,827 shares of the real estate investment trust’s stock after selling 19,325 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Arbor Realty Trust were worth $1,075,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ABR. Financial Freedom LLC acquired a new stake in shares of Arbor Realty Trust during the 4th quarter worth approximately $27,000. State of Wyoming acquired a new stake in shares of Arbor Realty Trust during the 4th quarter worth approximately $27,000. Money Concepts Capital Corp acquired a new stake in shares of Arbor Realty Trust during the 4th quarter worth approximately $32,000. Sound Income Strategies LLC raised its position in shares of Arbor Realty Trust by 322.1% during the 4th quarter. Sound Income Strategies LLC now owns 2,347 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 1,791 shares during the period. Finally, Harbour Investments Inc. raised its position in shares of Arbor Realty Trust by 1,137.6% during the 2nd quarter. Harbour Investments Inc. now owns 2,636 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 2,423 shares during the period. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Stock Down 0.1 %

ABR opened at $12.19 on Tuesday. Arbor Realty Trust, Inc. has a 12 month low of $10.10 and a 12 month high of $17.74. The company has a debt-to-equity ratio of 3.21, a current ratio of 36.02 and a quick ratio of 36.02. The stock has a market cap of $2.30 billion, a P/E ratio of 6.92 and a beta of 1.97. The stock’s 50 day moving average price is $12.89 and its 200 day moving average price is $13.55.

Arbor Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Monday, March 4th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 14.12%. The ex-dividend date of this dividend was Friday, March 1st. Arbor Realty Trust’s dividend payout ratio is currently 97.73%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. TheStreet upgraded Arbor Realty Trust from a “d+” rating to a “c” rating in a research report on Monday, March 18th. Wedbush reiterated a “neutral” rating and set a $13.00 price target (down from $17.00) on shares of Arbor Realty Trust in a research report on Thursday, April 11th. JMP Securities dropped their price target 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. Keefe, Bruyette & Woods lowered their target price on 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. Finally, JPMorgan Chase & Co. lowered their target price on 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. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $14.71.

Insider Buying and Selling at Arbor Realty Trust

In other news, Director William C. Green purchased 10,209 shares of the firm’s stock in a transaction on Monday, March 18th. The stock was purchased at an average cost of $12.93 per share, with a total value of $132,002.37. Following the purchase, the director now owns 162,809 shares in the company, valued at approximately $2,105,120.37. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.40% of the stock is currently owned by corporate insiders.

Arbor Realty Trust 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.