Arbor Realty Trust, Inc. (NYSE:ABR) Shares Bought by Midwest Professional Planners LTD.

Midwest Professional Planners LTD. raised its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 4.9% during the 4th quarter, Holdings Channel reports. The firm owned 100,402 shares of the real estate investment trust’s stock after acquiring an additional 4,697 shares during the quarter. Midwest Professional Planners LTD.’s holdings in Arbor Realty Trust were worth $1,391,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its stake in shares of Arbor Realty Trust by 280.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,624 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 1,934 shares during the last quarter. Glenmede Trust Co. NA boosted its stake in shares of Arbor Realty Trust by 33.1% during 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 last quarter. IFP Advisors Inc boosted its stake in shares of Arbor Realty Trust by 82.3% during the fourth quarter. IFP Advisors Inc now owns 4,431 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 2,000 shares during the last quarter. KBC Group NV boosted its stake in shares of Arbor Realty Trust by 39.1% during the third quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust’s stock valued at $100,000 after acquiring an additional 1,796 shares during the last quarter. Finally, Prospera Private Wealth LLC acquired a new stake in shares of Arbor Realty Trust during the third quarter valued at $102,000. Institutional investors and hedge funds own 57.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ABR. JPMorgan Chase & Co. decreased their price objective on 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 Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Monday, February 24th. Finally, Keefe, Bruyette & Woods reduced their target price on Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating on the stock in a research report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Arbor Realty Trust currently has a consensus rating of “Hold” and a consensus target price of $13.75.

Arbor Realty Trust Stock Performance

NYSE ABR opened at $12.07 on Friday. The business’s 50-day moving average price is $13.19 and its 200 day moving average price is $14.09. Arbor Realty Trust, Inc. has a twelve month low of $11.43 and a twelve month high of $15.94. The company has a market capitalization of $2.29 billion, a PE ratio of 10.14 and a beta of 2.05. The company has a current ratio of 37.49, a quick ratio of 35.68 and a debt-to-equity ratio of 2.41.

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 firm had revenue of $262.87 million during 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%. On average, research analysts predict that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current year.

Arbor Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 14.26%. Arbor Realty Trust’s dividend payout ratio (DPR) is 144.54%.

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.