Sigma Planning Corp Has $428,000 Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Sigma Planning Corp boosted its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 21.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,528 shares of the real estate investment trust’s stock after buying an additional 4,872 shares during the period. Sigma Planning Corp’s holdings in Arbor Realty Trust were worth $428,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of ABR. Bank of New York Mellon Corp lifted its stake in shares of Arbor Realty Trust by 3.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,421,552 shares of the real estate investment trust’s stock valued at $20,399,000 after purchasing an additional 43,165 shares during the period. Van ECK Associates Corp boosted its holdings in shares of Arbor Realty Trust by 2.7% during the 3rd quarter. Van ECK Associates Corp now owns 1,016,860 shares of the real estate investment trust’s stock worth $15,538,000 after buying an additional 26,376 shares in the last quarter. Rhumbline Advisers grew its position in shares of Arbor Realty Trust by 0.7% during the 2nd quarter. Rhumbline Advisers now owns 600,251 shares of the real estate investment trust’s stock worth $8,614,000 after buying an additional 4,126 shares during the period. Raymond James & Associates grew its position in shares of Arbor Realty Trust by 5.7% during the 3rd quarter. Raymond James & Associates now owns 478,026 shares of the real estate investment trust’s stock worth $7,438,000 after buying an additional 25,975 shares during the period. Finally, Public Sector Pension Investment Board increased its stake in shares of Arbor Realty Trust by 7.4% in the 2nd quarter. Public Sector Pension Investment Board now owns 414,825 shares of the real estate investment trust’s stock valued at $5,953,000 after acquiring an additional 28,448 shares in the last quarter. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Stock Down 0.6 %

Shares of NYSE:ABR opened at $14.58 on Friday. The business’s 50 day moving average is $15.01 and its 200 day moving average is $14.13. Arbor Realty Trust, Inc. has a 12-month low of $11.77 and a 12-month high of $16.35. The stock has a market cap of $2.75 billion, a price-to-earnings ratio of 10.80 and a beta of 2.06. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67.

Arbor Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.72 annualized dividend and a dividend yield of 11.80%. Arbor Realty Trust’s payout ratio is 127.41%.

Analyst Ratings Changes

ABR has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price target on shares of 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 boosted their target price 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. Raymond James increased their price target on Arbor Realty Trust from $15.00 to $16.00 and gave the stock an “outperform” rating in a report on Thursday, September 19th. Finally, Piper Sandler boosted their price objective on Arbor Realty Trust from $12.00 to $12.50 and gave the company an “underweight” rating in a report on Monday, August 5th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average 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.