EMC Capital Management Purchases 18,763 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

EMC Capital Management lifted its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 23,453.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 18,843 shares of the real estate investment trust’s stock after acquiring an additional 18,763 shares during the period. EMC Capital Management’s holdings in Arbor Realty Trust were worth $261,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Perigon Wealth Management LLC bought a new position in shares of Arbor Realty Trust in the fourth quarter valued at approximately $417,000. KBC Group NV lifted its holdings in Arbor Realty Trust by 42.7% in the fourth quarter. KBC Group NV now owns 9,126 shares of the real estate investment trust’s stock valued at $126,000 after buying an additional 2,731 shares during the period. Janney Montgomery Scott LLC acquired a new position in Arbor Realty Trust in the fourth quarter valued at approximately $1,144,000. Nisa Investment Advisors LLC grew its holdings in Arbor Realty Trust by 29.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust’s stock worth $1,459,000 after acquiring an additional 23,987 shares during the period. Finally, Annex Advisory Services LLC bought a new stake in shares of Arbor Realty Trust during the 4th quarter valued at $219,000. 57.25% of the stock is owned by institutional investors.

Arbor Realty Trust Stock Performance

NYSE ABR traded up $0.11 on Thursday, hitting $13.49. 83,810 shares of the stock were exchanged, compared to its average volume of 2,179,142. The business’s fifty day moving average is $13.94 and its 200 day moving average is $14.17. Arbor Realty Trust, Inc. has a 52 week low of $11.92 and a 52 week high of $15.94. The company has a market capitalization of $2.54 billion, a PE ratio of 10.00 and a beta of 2.04. The company has a debt-to-equity ratio of 2.67, a current ratio of 35.68 and a quick ratio of 35.68.

Arbor Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 12.75%. The ex-dividend date was Friday, November 15th. Arbor Realty Trust’s payout ratio is currently 127.41%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ABR shares. Keefe, Bruyette & Woods reduced their target price on Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating on the stock in a report on Tuesday, January 14th. JPMorgan Chase & Co. reduced their price objective on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research report on Tuesday, January 21st. Two research 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $14.00.

Insider Buying and Selling

In other news, Director William C. Green acquired 5,269 shares of Arbor Realty Trust stock in a transaction dated Thursday, December 5th. The stock was bought at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the completion of the acquisition, the director now directly owns 178,797 shares in the company, valued at approximately $2,533,553.49. The trade was a 3.04 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 3.70% of the stock is currently owned by corporate insiders.

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.