Monetary Management Group Inc. Acquires 1,250 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

Monetary Management Group Inc. increased its stake in Arbor Realty Trust, Inc. (NYSE:ABR) by 25.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,250 shares of the real estate investment trust’s stock after acquiring an additional 1,250 shares during the quarter. Monetary Management Group Inc.’s holdings in Arbor Realty Trust were worth $87,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. FMR LLC increased its stake in Arbor Realty Trust by 143.2% in the third quarter. FMR LLC now owns 25,732 shares of the real estate investment trust’s stock valued at $400,000 after purchasing an additional 15,151 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Arbor Realty Trust by 52.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,456 shares of the real estate investment trust’s stock valued at $4,535,000 after buying an additional 100,055 shares in the last quarter. HighTower Advisors LLC raised its stake in Arbor Realty Trust by 83.7% during the 3rd quarter. HighTower Advisors LLC now owns 30,720 shares of the real estate investment trust’s stock worth $481,000 after buying an additional 13,993 shares during the period. State Street Corp boosted its holdings in Arbor Realty Trust by 0.5% in the third quarter. State Street Corp now owns 7,207,950 shares of the real estate investment trust’s stock worth $112,156,000 after acquiring an additional 32,788 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in Arbor Realty Trust in the third quarter valued at approximately $413,000. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Stock Down 6.0 %

ABR opened at $10.41 on Friday. Arbor Realty Trust, Inc. has a fifty-two week low of $9.66 and a fifty-two week high of $15.94. The firm has a market capitalization of $1.97 billion, a P/E ratio of 8.75 and a beta of 1.66. The company’s 50-day moving average is $12.34 and its 200 day moving average is $13.71. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68.

Arbor Realty Trust (NYSE:ABR) last posted its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.02). The firm had revenue of $262.87 million for the quarter, compared to the consensus estimate of $88.92 million. Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. Research analysts expect that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a $0.43 dividend. The ex-dividend date was Friday, March 7th. This represents a $1.72 dividend on an annualized basis and a yield of 16.52%. Arbor Realty Trust’s dividend payout ratio (DPR) is presently 144.54%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ABR. JPMorgan Chase & Co. cut their target price on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating on the stock in a report 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, February 24th. Finally, Keefe, Bruyette & Woods decreased their target price on shares of Arbor Realty Trust from $12.00 to $11.75 and set a “market perform” rating for the company in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $13.71.

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.