Signaturefd LLC Purchases 2,513 Shares of Arbor Realty Trust $ABR

Signaturefd LLC lifted its holdings in shares of Arbor Realty Trust (NYSE:ABR) by 40.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,677 shares of the real estate investment trust’s stock after acquiring an additional 2,513 shares during the quarter. Signaturefd LLC’s holdings in Arbor Realty Trust were worth $93,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. State of Alaska Department of Revenue raised its holdings in shares of Arbor Realty Trust by 9.4% in the 2nd quarter. State of Alaska Department of Revenue now owns 114,372 shares of the real estate investment trust’s stock worth $1,223,000 after purchasing an additional 9,866 shares during the period. Palumbo Wealth Management LLC boosted its position in shares of Arbor Realty Trust by 40.2% during the 2nd quarter. Palumbo Wealth Management LLC now owns 20,960 shares of the real estate investment trust’s stock valued at $224,000 after acquiring an additional 6,010 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Arbor Realty Trust during the 2nd quarter valued at about $447,944,000. Three Seasons Wealth LLC purchased a new stake in Arbor Realty Trust in the second quarter valued at approximately $391,000. Finally, Strs Ohio bought a new stake in shares of Arbor Realty Trust during the 1st quarter worth $404,000. Institutional investors own 57.25% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on ABR. Zacks Research cut shares of Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 13th. Keefe, Bruyette & Woods lifted their price target on shares of Arbor Realty Trust from $11.00 to $11.50 and gave the company a “market perform” rating in a report on Tuesday, August 5th. JMP Securities decreased their price objective on shares of Arbor Realty Trust from $13.50 to $13.00 and set a “market outperform” rating for the company in a report on Tuesday, August 19th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Arbor Realty Trust in a research report on Saturday, September 27th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Arbor Realty Trust has an average rating of “Reduce” and an average price target of $11.50.

Arbor Realty Trust Stock Performance

Shares of Arbor Realty Trust stock opened at $12.47 on Friday. The firm’s 50-day moving average is $11.81 and its 200 day moving average is $11.16. The company has a debt-to-equity ratio of 2.06, a current ratio of 38.37 and a quick ratio of 38.37. Arbor Realty Trust has a 1 year low of $8.43 and a 1 year high of $15.76. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 13.70 and a beta of 1.37.

Arbor Realty Trust (NYSE:ABR) last posted its quarterly earnings results on Friday, August 1st. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.03). Arbor Realty Trust had a return on equity of 12.26% and a net margin of 20.75%.The business had revenue of $27.44 million during the quarter, compared to analysts’ expectations of $76.99 million. Sell-side analysts anticipate that Arbor Realty Trust will post 1.65 EPS for the current fiscal year.

Arbor Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were paid a dividend of $0.30 per share. The ex-dividend date was Friday, August 15th. This represents a $1.20 dividend on an annualized basis and a yield of 9.6%. Arbor Realty Trust’s payout ratio is currently 131.87%.

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.