Deutsche Bank AG Boosts Stock Position in Arbor Realty Trust, Inc. (NYSE:ABR)

Deutsche Bank AG lifted its stake in Arbor Realty Trust, Inc. (NYSE:ABR) by 47.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 159,028 shares of the real estate investment trust’s stock after purchasing an additional 51,053 shares during the quarter. Deutsche Bank AG owned about 0.08% of Arbor Realty Trust worth $2,203,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC raised its holdings in shares of Arbor Realty Trust by 29.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust’s stock worth $1,459,000 after acquiring an additional 23,987 shares during the period. Janney Montgomery Scott LLC acquired a new stake in Arbor Realty Trust during the fourth quarter worth about $1,144,000. KBC Group NV raised its stake in Arbor Realty Trust by 42.7% during the fourth quarter. KBC Group NV now owns 9,126 shares of the real estate investment trust’s stock worth $126,000 after purchasing an additional 2,731 shares during the period. Perigon Wealth Management LLC purchased a new position in Arbor Realty Trust during the fourth quarter worth about $417,000. Finally, EMC Capital Management boosted its holdings in Arbor Realty Trust by 23,453.8% in the 4th quarter. EMC Capital Management now owns 18,843 shares of the real estate investment trust’s stock valued at $261,000 after purchasing an additional 18,763 shares during the last quarter. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Price Performance

Shares of ABR opened at $8.92 on Friday. The company has a market cap of $1.71 billion, a P/E ratio of 7.50 and a beta of 1.50. Arbor Realty Trust, Inc. has a fifty-two week low of $8.43 and a fifty-two week high of $15.94. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. The firm’s 50 day moving average price is $11.05 and its 200 day moving average price is $12.80.

Arbor Realty Trust (NYSE:ABR) last released its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). The company had revenue of $262.87 million during the quarter, compared to analysts’ expectations of $88.92 million. Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. On average, research analysts forecast that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 13.45%. Arbor Realty Trust’s payout ratio is 115.38%.

Insider Activity at Arbor Realty Trust

In other news, CEO Ivan Kaufman acquired 10,000 shares of the firm’s stock in a transaction dated Tuesday, May 20th. The stock was acquired at an average cost of $9.98 per share, with a total value of $99,800.00. Following the transaction, the chief executive officer now owns 1,789,816 shares in the company, valued at approximately $17,862,363.68. This trade represents a 0.56% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders have bought a total of 210,000 shares of company stock valued at $1,942,000 over the last 90 days. 3.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Raymond James lowered shares of Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, February 24th. JPMorgan Chase & Co. reduced their target price on Arbor Realty Trust from $10.50 to $10.00 and set an “underweight” rating on the stock in a research report on Monday, May 5th. Finally, Keefe, Bruyette & Woods lowered their price target on Arbor Realty Trust from $11.75 to $11.00 and set a “market perform” rating for the company in a report on Tuesday, May 6th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $13.20.

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.