Farther Finance Advisors LLC Has $156,000 Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Farther Finance Advisors LLC boosted its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 183.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,028 shares of the real estate investment trust’s stock after buying an additional 6,487 shares during the period. Farther Finance Advisors LLC’s holdings in Arbor Realty Trust were worth $156,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Certuity LLC acquired a new position in shares of Arbor Realty Trust in the 2nd quarter valued at about $4,305,000. TrueMark Investments LLC acquired a new position in Arbor Realty Trust in the second quarter valued at approximately $2,893,000. QRG Capital Management Inc. bought a new position in shares of Arbor Realty Trust during the 1st quarter worth approximately $2,520,000. Cetera Investment Advisers grew its position in shares of Arbor Realty Trust by 358.5% during the 1st quarter. Cetera Investment Advisers now owns 220,559 shares of the real estate investment trust’s stock worth $2,922,000 after buying an additional 172,454 shares during the period. Finally, Prevail Innovative Wealth Advisors LLC bought a new stake in shares of Arbor Realty Trust in the 2nd quarter valued at $1,425,000. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Trading Up 2.6 %

NYSE:ABR opened at $15.53 on Monday. The company has a current ratio of 35.68, a quick ratio of 37.31 and a debt-to-equity ratio of 2.67. The firm’s 50 day moving average is $14.82 and its 200 day moving average is $14.06. Arbor Realty Trust, Inc. has a 12 month low of $11.77 and a 12 month high of $16.35. The stock has a market capitalization of $2.93 billion, a PE ratio of 11.50 and a beta of 2.06.

Arbor Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.72 annualized dividend and a dividend yield of 11.08%. Arbor Realty Trust’s payout ratio is 127.41%.

Analyst Ratings Changes

Several brokerages recently issued reports on ABR. JPMorgan Chase & Co. increased their target price on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a research note on Thursday, October 17th. Raymond James upped their target price on Arbor Realty Trust from $15.00 to $16.00 and gave the stock an “outperform” rating in a research report on Thursday, September 19th. Piper Sandler raised their price target on shares of Arbor Realty Trust from $12.00 to $12.50 and gave the company an “underweight” rating in a research report on Monday, August 5th. Finally, JMP Securities lifted their price objective 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. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $14.25.

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.