Capital Market Strategies LLC Has $249,000 Stock Position in Arbor Realty Trust, Inc. (NYSE:ABR)

Capital Market Strategies LLC grew its holdings in Arbor Realty Trust, Inc. (NYSE:ABR) by 16.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,977 shares of the real estate investment trust’s stock after acquiring an additional 2,500 shares during the period. Capital Market Strategies LLC’s holdings in Arbor Realty Trust were worth $249,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC lifted its position in shares of Arbor Realty Trust by 75.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 688 shares during the period. Raymond James Trust N.A. increased its position in Arbor Realty Trust by 3.0% during the 3rd quarter. Raymond James Trust N.A. now owns 23,769 shares of the real estate investment trust’s stock worth $370,000 after purchasing an additional 698 shares in the last quarter. Glenmede Trust Co. NA increased its holdings in shares of Arbor Realty Trust by 33.1% during the third quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 701 shares in the last quarter. Arizona State Retirement System raised its position in Arbor Realty Trust by 1.9% in the second quarter. Arizona State Retirement System now owns 52,773 shares of the real estate investment trust’s stock valued at $757,000 after purchasing an additional 968 shares during the last quarter. Finally, US Bancorp DE raised its holdings in Arbor Realty Trust by 6.3% in the 3rd quarter. US Bancorp DE now owns 16,504 shares of the real estate investment trust’s stock valued at $257,000 after buying an additional 979 shares during the last quarter. 57.25% of the stock is currently owned by institutional investors.

Insider Activity at Arbor Realty Trust

In other Arbor Realty Trust news, Director William C. Green purchased 5,269 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average price of $14.17 per share, with a total value of $74,661.73. Following the completion of the purchase, the director now directly owns 178,797 shares of the company’s stock, valued at $2,533,553.49. The trade was a 3.04 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 3.70% of the stock is currently owned by company insiders.

Arbor Realty Trust Trading Down 0.4 %

Shares of NYSE ABR traded down $0.05 during midday trading on Monday, reaching $13.93. The company had a trading volume of 702,882 shares, compared to its average volume of 1,602,499. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67. The firm’s fifty day moving average price is $14.50 and its 200-day moving average price is $14.29. The stock has a market cap of $2.63 billion, a PE ratio of 10.32 and a beta of 2.04. Arbor Realty Trust, Inc. has a one year low of $11.92 and a one year high of $15.94.

Arbor Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were paid a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 12.35%. The ex-dividend date was Friday, November 15th. Arbor Realty Trust’s payout ratio is 127.41%.

Analyst Ratings Changes

Several brokerages have commented on ABR. JPMorgan Chase & Co. lifted their target price on Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a report on Thursday, October 17th. JMP Securities raised their price target on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a research report on Friday, September 27th. Finally, Raymond James increased their price target on shares of Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a research report on Thursday, September 19th. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Arbor Realty Trust presently has a consensus rating of “Hold” and an average target price of $14.25.

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.