Quest Partners LLC Raises Stake in Arbor Realty Trust, Inc. (NYSE:ABR)

Quest Partners LLC boosted its holdings in Arbor Realty Trust, Inc. (NYSE:ABR) by 1,053.3% during the third quarter, Holdings Channel.com reports. The fund owned 9,342 shares of the real estate investment trust’s stock after acquiring an additional 8,532 shares during the period. Quest Partners LLC’s holdings in Arbor Realty Trust were worth $145,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its stake in shares of Arbor Realty Trust by 7.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 95,129 shares of the real estate investment trust’s stock valued at $1,261,000 after acquiring an additional 6,697 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Arbor Realty Trust by 358.5% during the 1st quarter. Cetera Investment Advisers now owns 220,559 shares of the real estate investment trust’s stock worth $2,922,000 after purchasing an additional 172,454 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of Arbor Realty Trust by 65.6% during the first quarter. Janus Henderson Group PLC now owns 143,656 shares of the real estate investment trust’s stock worth $1,904,000 after buying an additional 56,897 shares in the last quarter. SG Americas Securities LLC raised its position in shares of Arbor Realty Trust by 74.9% in the third quarter. SG Americas Securities LLC now owns 93,265 shares of the real estate investment trust’s stock valued at $1,451,000 after buying an additional 39,928 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC acquired a new position in shares of Arbor Realty Trust in the second quarter valued at approximately $1,425,000. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Analyst Ratings Changes

ABR has been the subject of several recent analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a research note on Thursday, October 17th. Raymond James upped their target price on Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a research note on Thursday, September 19th. Piper Sandler raised their price target on Arbor Realty Trust from $12.00 to $12.50 and gave the stock an “underweight” rating in a research note on Monday, August 5th. Finally, JMP Securities upped their price objective on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a research note on Friday, September 27th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Arbor Realty Trust has an average rating of “Hold” and an average target price of $14.25.

Arbor Realty Trust Stock Performance

Shares of NYSE:ABR opened at $14.80 on Friday. The business has a 50-day moving average of $15.10 and a two-hundred day moving average of $14.23. The firm has a market capitalization of $2.79 billion, a PE ratio of 10.96 and a beta of 2.06. 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, Inc. has a 12 month low of $11.77 and a 12 month high of $16.35.

Arbor Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 11.62%. The ex-dividend date of this dividend was Friday, November 15th. Arbor Realty Trust’s dividend payout ratio (DPR) is presently 127.41%.

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.