O Shaughnessy Asset Management LLC Raises Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

O Shaughnessy Asset Management LLC increased its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 210.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 153,384 shares of the real estate investment trust’s stock after purchasing an additional 103,964 shares during the period. O Shaughnessy Asset Management LLC owned 0.08% of Arbor Realty Trust worth $2,124,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Glenmede Trust Co. NA boosted its holdings in shares of Arbor Realty Trust by 33.1% in the third quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 701 shares during the period. CIBC Asset Management Inc grew its position in Arbor Realty Trust by 4.3% during the 4th quarter. CIBC Asset Management Inc now owns 18,676 shares of the real estate investment trust’s stock worth $259,000 after purchasing an additional 774 shares during the last quarter. Natixis Advisors LLC increased its stake in Arbor Realty Trust by 5.0% in the fourth quarter. Natixis Advisors LLC now owns 16,728 shares of the real estate investment trust’s stock valued at $232,000 after purchasing an additional 797 shares during the period. Principal Securities Inc. raised its holdings in shares of Arbor Realty Trust by 10.0% in the fourth quarter. Principal Securities Inc. now owns 9,062 shares of the real estate investment trust’s stock valued at $126,000 after buying an additional 825 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in shares of Arbor Realty Trust by 0.7% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 153,494 shares of the real estate investment trust’s stock worth $2,126,000 after buying an additional 1,007 shares during the period. 57.25% of the stock is owned by institutional investors and hedge funds.

Arbor Realty Trust Trading Down 4.3 %

Shares of ABR stock opened at $11.22 on Friday. Arbor Realty Trust, Inc. has a 1-year low of $11.08 and a 1-year high of $15.94. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68. The business’s fifty day moving average price is $12.68 and its 200 day moving average price is $13.90. The firm has a market capitalization of $2.13 billion, a PE ratio of 9.43 and a beta of 2.05.

Arbor Realty Trust (NYSE:ABR) last announced its quarterly earnings data 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). Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. The company had revenue of $262.87 million during the quarter, compared to analyst estimates of $88.92 million. As a group, sell-side analysts forecast that Arbor Realty Trust, Inc. will post 1.65 EPS for the current fiscal year.

Arbor Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 15.33%. The ex-dividend date was Friday, March 7th. Arbor Realty Trust’s dividend payout ratio is currently 144.54%.

Analysts Set New Price Targets

Several research firms have commented on ABR. Keefe, Bruyette & Woods reduced their price objective on Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating for the company in a research note on Tuesday, February 25th. JPMorgan Chase & Co. cut their price target on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research note on Tuesday, January 21st. Finally, Raymond James lowered shares of Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, February 24th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $13.75.

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.