Arbor Realty Trust (NYSE:ABR) Downgraded to Sell Rating by Wall Street Zen

Arbor Realty Trust (NYSE:ABR) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

A number of other equities analysts also recently weighed in on the stock. Piper Sandler dropped 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 note on Monday, December 22nd. JPMorgan Chase & Co. lowered their target price on Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Thursday, December 4th. Zacks Research lowered Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Keefe, Bruyette & Woods raised their price target on Arbor Realty Trust from $7.50 to $8.00 and gave the stock an “underperform” rating in a research note on Wednesday, March 4th. Finally, Weiss Ratings lowered Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 24th. One research analyst has rated the stock with a Buy rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Strong Sell” and an average target price of $9.50.

Arbor Realty Trust Stock Down 2.4%

Arbor Realty Trust stock opened at $7.38 on Friday. Arbor Realty Trust has a twelve month low of $7.11 and a twelve month high of $12.57. The company has a debt-to-equity ratio of 2.41, a quick ratio of 394.59 and a current ratio of 394.59. The firm has a market cap of $1.42 billion, a PE ratio of 13.41 and a beta of 1.36. The firm’s 50 day moving average price is $7.78 and its two-hundred day moving average price is $9.15.

Hedge Funds Weigh In On Arbor Realty Trust

Several hedge funds have recently bought and sold shares of the business. Royal Bank of Canada boosted its stake in shares of Arbor Realty Trust by 3.5% during the 1st quarter. Royal Bank of Canada now owns 132,181 shares of the real estate investment trust’s stock worth $1,553,000 after acquiring an additional 4,470 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Arbor Realty Trust by 25,163.2% in the 1st quarter. Jones Financial Companies Lllp now owns 4,800 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 4,781 shares in the last quarter. United Services Automobile Association acquired a new stake in Arbor Realty Trust in the 1st quarter worth approximately $145,000. Focus Partners Wealth acquired a new stake in Arbor Realty Trust in the 1st quarter worth approximately $161,000. Finally, Legal & General Group Plc boosted its position in Arbor Realty Trust by 4.4% during the second quarter. Legal & General Group Plc now owns 525,971 shares of the real estate investment trust’s stock worth $5,628,000 after purchasing an additional 22,253 shares during the period. 57.25% of the stock is owned by institutional investors and hedge funds.

About Arbor Realty Trust

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.