UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 100,055 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Arbor Realty Trust, Inc. (NYSE:ABRFree Report) by 52.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 291,456 shares of the real estate investment trust’s stock after buying an additional 100,055 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.15% of Arbor Realty Trust worth $4,535,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of ABR. GAMMA Investing LLC lifted its position in shares of Arbor Realty Trust by 75.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 688 shares during the period. Raymond James Trust N.A. boosted its holdings 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 valued at $370,000 after purchasing an additional 698 shares in the last quarter. Glenmede Trust Co. NA increased 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 during the last quarter. Arizona State Retirement System raised its holdings in shares of Arbor Realty Trust by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 52,773 shares of the real estate investment trust’s stock worth $757,000 after buying an additional 968 shares in the last quarter. Finally, US Bancorp DE lifted its position in shares of Arbor Realty Trust by 6.3% during the 3rd quarter. US Bancorp DE now owns 16,504 shares of the real estate investment trust’s stock worth $257,000 after buying an additional 979 shares during the last quarter. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Stock Down 0.7 %

Shares of NYSE ABR opened at $14.30 on Thursday. The company has a 50 day simple moving average of $14.91 and a 200 day simple moving average of $14.26. The company has a debt-to-equity ratio of 2.67, a current ratio of 35.68 and a quick ratio of 35.68. Arbor Realty Trust, Inc. has a 1 year low of $11.92 and a 1 year high of $16.35. The firm has a market cap of $2.70 billion, a PE ratio of 10.59 and a beta of 2.03.

Arbor Realty Trust Dividend Announcement

The firm also recently declared 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 annualized dividend and a dividend yield of 12.03%. The ex-dividend date of this dividend was Friday, November 15th. Arbor Realty Trust’s payout ratio is currently 127.41%.

Insider Transactions at Arbor Realty Trust

In other news, Director William C. Green bought 5,269 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was acquired at an average price of $14.17 per share, with a total value of $74,661.73. Following the transaction, the director now owns 178,797 shares of the company’s stock, valued at $2,533,553.49. This trade represents a 3.04 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 3.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ABR. JPMorgan Chase & Co. lifted their target price on Arbor Realty Trust from $12.00 to $13.50 and gave the company an “underweight” rating in a research report on Thursday, October 17th. Raymond James lifted their price target on shares of Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a report on Thursday, September 19th. Finally, JMP Securities increased their price objective on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a research note on Friday, September 27th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $14.25.

Get Our Latest Analysis on Arbor Realty Trust

About Arbor Realty Trust

(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 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.

See Also

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

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