Arbor Realty Trust, Inc. (NYSE:ABR) Shares Bought by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC grew its holdings in Arbor Realty Trust, Inc. (NYSE:ABR) by 210.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 153,384 shares of the real estate investment trust’s stock after purchasing an additional 103,964 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Arbor Realty Trust were worth $2,124,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Arbor Realty Trust during the 4th quarter valued at $15,967,000. Norges Bank purchased a new stake in Arbor Realty Trust during the 4th quarter worth about $8,419,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Arbor Realty Trust in the 4th quarter valued at about $2,181,000. Sei Investments Co. lifted its holdings in Arbor Realty Trust by 1,208.7% in the 4th quarter. Sei Investments Co. now owns 153,898 shares of the real estate investment trust’s stock valued at $2,131,000 after purchasing an additional 142,138 shares in the last quarter. Finally, Wealthfront Advisers LLC acquired a new stake in shares of Arbor Realty Trust during the 4th quarter worth about $1,854,000. 57.25% of the stock is owned by hedge funds and other institutional investors.

Arbor Realty Trust Trading Down 4.3 %

ABR stock opened at $11.22 on Friday. Arbor Realty Trust, Inc. has a 52 week low of $11.08 and a 52 week high of $15.94. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 9.43 and a beta of 2.05. 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 business has a fifty day simple moving average of $12.68 and a 200-day simple moving average of $13.90.

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). Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. The firm had revenue of $262.87 million during the quarter, compared to analysts’ expectations of $88.92 million. On average, equities research analysts expect that Arbor Realty Trust, Inc. will post 1.65 EPS for the current year.

Arbor Realty Trust Announces Dividend

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 dividend of $0.43 per share. The ex-dividend date was Friday, March 7th. This represents a $1.72 annualized dividend and a yield of 15.33%. Arbor Realty Trust’s dividend payout ratio is currently 144.54%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. reduced 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 cut Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a report on Monday, February 24th. Finally, Keefe, Bruyette & Woods dropped their target price 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. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Arbor Realty Trust presently has a consensus rating of “Hold” and a consensus price target of $13.75.

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.