Arbor Realty Trust (NYSE:ABR) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its position in Arbor Realty Trust (NYSE:ABR) by 2.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,786 shares of the real estate investment trust’s stock after selling 1,688 shares during the quarter. Yousif Capital Management LLC’s holdings in Arbor Realty Trust were worth $820,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dunhill Financial LLC purchased a new stake in shares of Arbor Realty Trust in the 4th quarter valued at approximately $29,000. Smartleaf Asset Management LLC raised its position in shares of Arbor Realty Trust by 280.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,624 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 1,934 shares during the period. Bernard Wealth Management Corp. acquired a new position in Arbor Realty Trust in the fourth quarter valued at approximately $36,000. Quarry LP grew its position in Arbor Realty Trust by 249.6% in the fourth quarter. Quarry LP now owns 3,531 shares of the real estate investment trust’s stock worth $49,000 after acquiring an additional 2,521 shares during the period. Finally, Shakespeare Wealth Management LLC purchased a new position in Arbor Realty Trust in the fourth quarter worth approximately $59,000. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on ABR shares. Keefe, Bruyette & Woods reduced their target price on Arbor Realty Trust from $11.75 to $11.00 and set a “market perform” rating on the stock in a research report on Tuesday, May 6th. Raymond James Financial downgraded Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. decreased their target price on shares of 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. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, Arbor Realty Trust currently has a consensus rating of “Hold” and a consensus target price of $13.20.

Arbor Realty Trust Stock Up 1.2%

Shares of NYSE ABR opened at $10.25 on Friday. The company has a quick ratio of 36.48, a current ratio of 36.48 and a debt-to-equity ratio of 1.92. The business’s 50 day moving average is $10.43 and its two-hundred day moving average is $12.12. Arbor Realty Trust has a 52-week low of $8.43 and a 52-week high of $15.94. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 9.85 and a beta of 1.36.

Arbor Realty Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.71%. Arbor Realty Trust’s payout ratio is presently 115.38%.

Insider Activity at Arbor Realty Trust

In other Arbor Realty Trust news, CEO Ivan Kaufman bought 140,000 shares of Arbor Realty Trust stock in a transaction on Wednesday, May 21st. The shares were bought at an average cost of $9.43 per share, for a total transaction of $1,320,200.00. Following the acquisition, the chief executive officer now directly owns 1,929,816 shares in the company, valued at $18,198,164.88. This represents a 7.82% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders have bought 210,000 shares of company stock worth $1,942,000. 3.80% of the stock is currently owned by company 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.