Arbor Realty Trust, Inc. (NYSE:ABR) Shares Purchased by Colonial River Investments LLC

Colonial River Investments LLC increased its stake in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 14.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,580 shares of the real estate investment trust’s stock after acquiring an additional 1,620 shares during the quarter. Colonial River Investments LLC’s holdings in Arbor Realty Trust were worth $174,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Creative Planning increased its stake in Arbor Realty Trust by 12.0% in the third quarter. Creative Planning now owns 39,179 shares of the real estate investment trust’s stock valued at $610,000 after purchasing an additional 4,184 shares during the period. Raymond James & Associates increased its stake in Arbor Realty Trust by 5.7% in the third quarter. Raymond James & Associates now owns 478,026 shares of the real estate investment trust’s stock valued at $7,438,000 after purchasing an additional 25,975 shares during the period. International Assets Investment Management LLC acquired a new position in Arbor Realty Trust in the third quarter valued at $5,150,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in Arbor Realty Trust by 24.4% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,641 shares of the real estate investment trust’s stock valued at $368,000 after purchasing an additional 4,640 shares during the period. Finally, US Bancorp DE increased its stake in Arbor Realty Trust by 6.3% in the third quarter. US Bancorp DE now owns 16,504 shares of the real estate investment trust’s stock valued at $257,000 after purchasing an additional 979 shares during the period. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director William C. Green acquired 5,269 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average price of $14.17 per share, with a total value of $74,661.73. Following the completion of the acquisition, the director now owns 178,797 shares in the company, valued at approximately $2,533,553.49. This represents a 3.04 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.70% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on ABR. JPMorgan Chase & Co. dropped their price objective on shares of Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating on the stock in a research note on Tuesday, January 21st. Raymond James lowered shares of Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Monday. Finally, Keefe, Bruyette & Woods dropped their price target on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating on the stock in a research note on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $14.00.

Arbor Realty Trust Trading Down 2.9 %

Shares of Arbor Realty Trust stock opened at $11.65 on Tuesday. Arbor Realty Trust, Inc. has a 52-week low of $11.46 and a 52-week high of $15.94. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. The company’s 50-day simple moving average is $13.59 and its 200-day simple moving average is $14.20. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 9.79 and a beta of 2.03.

Arbor Realty Trust (NYSE:ABR) last released its quarterly earnings data on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). The company had revenue of $262.87 million for the quarter, compared to analysts’ expectations of $88.92 million. Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. As a group, equities research analysts anticipate that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current year.

Arbor Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 14.76%. The ex-dividend date of this dividend is Friday, March 7th. Arbor Realty Trust’s dividend payout ratio is currently 144.54%.

About Arbor Realty Trust

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.