JPMorgan Chase & Co. Has Lowered Expectations for Arbor Realty Trust (NYSE:ABR) Stock Price

Arbor Realty Trust (NYSE:ABR) had its target price reduced by investment analysts at JPMorgan Chase & Co. from $13.50 to $12.50 in a research note issued on Tuesday,Benzinga reports. The firm currently has an “underweight” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential downside of 9.36% from the stock’s current price.

Several other equities research analysts also recently issued reports on ABR. JMP Securities raised their price target on 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. Keefe, Bruyette & Woods lowered their target price on Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating on the stock in a report on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, Arbor Realty Trust presently has a consensus rating of “Hold” and an average target price of $14.00.

Arbor Realty Trust Stock Performance

NYSE:ABR opened at $13.79 on Tuesday. The firm has a market capitalization of $2.60 billion, a PE ratio of 10.22 and a beta of 2.04. Arbor Realty Trust has a 1 year low of $11.92 and a 1 year high of $15.94. The company has a current ratio of 35.68, a quick ratio of 35.68 and a debt-to-equity ratio of 2.67. The firm’s fifty day simple moving average is $14.15 and its 200 day simple moving average is $14.23.

Insider Transactions at Arbor Realty Trust

In other Arbor Realty Trust news, Director William C. Green bought 5,269 shares of the firm’s stock in a transaction dated Thursday, December 5th. The shares were acquired at an average cost of $14.17 per share, for a total transaction of $74,661.73. Following the transaction, the director now owns 178,797 shares in the company, valued at approximately $2,533,553.49. The trade was a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC increased 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 worth $25,000 after purchasing an additional 688 shares in the last quarter. Harbor Capital Advisors Inc. bought a new stake in Arbor Realty Trust during the third quarter worth about $38,000. 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. KBC Group NV raised its stake in shares of Arbor Realty Trust by 39.1% in the third quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust’s stock valued at $100,000 after acquiring an additional 1,796 shares during the last quarter. Finally, Prospera Private Wealth LLC bought a new stake in Arbor Realty Trust during the 3rd quarter worth approximately $102,000. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Company 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.