LSV Asset Management Has $65,000 Stock Position in Arbor Realty Trust $ABR

LSV Asset Management reduced its stake in shares of Arbor Realty Trust (NYSE:ABR) by 98.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,300 shares of the real estate investment trust’s stock after selling 386,088 shares during the quarter. LSV Asset Management’s holdings in Arbor Realty Trust were worth $65,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Marshall Wace LLP bought a new position in shares of Arbor Realty Trust during the 2nd quarter worth about $26,358,000. Balyasny Asset Management L.P. acquired a new position in Arbor Realty Trust in the second quarter worth about $21,534,000. Advisors Asset Management Inc. lifted its stake in Arbor Realty Trust by 72.1% during the second quarter. Advisors Asset Management Inc. now owns 564,323 shares of the real estate investment trust’s stock worth $6,038,000 after purchasing an additional 236,514 shares during the period. Wasatch Advisors LP boosted its holdings in Arbor Realty Trust by 6.2% during the second quarter. Wasatch Advisors LP now owns 3,402,838 shares of the real estate investment trust’s stock valued at $36,410,000 after purchasing an additional 197,948 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Arbor Realty Trust in the 2nd quarter valued at approximately $1,725,000. 57.25% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ABR shares. Wall Street Zen downgraded Arbor Realty Trust from a “hold” rating to a “sell” rating in a research report on Sunday, October 26th. Zacks Research cut Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Weiss Ratings raised shares of Arbor Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 9th. Keefe, Bruyette & Woods cut their price target on shares of Arbor Realty Trust from $8.50 to $7.50 and set an “underperform” rating for the company in a report on Thursday, January 8th. Finally, Piper Sandler reduced their price target on shares of Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating on the stock in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, Arbor Realty Trust currently has an average rating of “Reduce” and an average target price of $9.38.

Arbor Realty Trust Stock Up 1.0%

Shares of ABR opened at $7.41 on Thursday. The business’s fifty day moving average price is $7.90 and its two-hundred day moving average price is $9.89. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 9.26 and a beta of 1.39. Arbor Realty Trust has a 52 week low of $7.20 and a 52 week high of $14.33. The company has a debt-to-equity ratio of 2.51, a quick ratio of 287.79 and a current ratio of 287.79.

Arbor Realty Trust Profile

Arbor Realty Trust, Inc (NYSE: ABR) is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders.

Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments.