XTX Topco Ltd Has $834,000 Position in Arbor Realty Trust $ABR

XTX Topco Ltd boosted its stake in shares of Arbor Realty Trust (NYSE:ABR) by 25.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 77,979 shares of the real estate investment trust’s stock after acquiring an additional 15,761 shares during the period. XTX Topco Ltd’s holdings in Arbor Realty Trust were worth $834,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Arbor Realty Trust by 8.2% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 58,979 shares of the real estate investment trust’s stock worth $693,000 after purchasing an additional 4,484 shares in the last quarter. Natixis Advisors LLC grew its stake in Arbor Realty Trust by 17.0% during the first quarter. Natixis Advisors LLC now owns 19,577 shares of the real estate investment trust’s stock worth $230,000 after buying an additional 2,849 shares in the last quarter. Moors & Cabot Inc. increased its holdings in Arbor Realty Trust by 11.1% in the 1st quarter. Moors & Cabot Inc. now owns 15,000 shares of the real estate investment trust’s stock valued at $176,000 after buying an additional 1,500 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Arbor Realty Trust by 2.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,549,107 shares of the real estate investment trust’s stock valued at $29,952,000 after buying an additional 56,002 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Arbor Realty Trust by 393.3% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 776,976 shares of the real estate investment trust’s stock valued at $9,129,000 after buying an additional 619,473 shares in the last quarter. 57.25% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Arbor Realty Trust

In other news, CEO Ivan Kaufman purchased 29,000 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were purchased at an average cost of $8.34 per share, with a total value of $241,860.00. Following the completion of the purchase, the chief executive officer owned 54,000 shares of the company’s stock, valued at $450,360. This trade represents a 116.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Insiders own 3.80% of the company’s stock.

Arbor Realty Trust Stock Performance

Shares of Arbor Realty Trust stock opened at $8.79 on Tuesday. The company’s 50 day moving average price is $10.64 and its two-hundred day moving average price is $10.92. The firm has a market capitalization of $1.72 billion, a P/E ratio of 9.65 and a beta of 1.38. Arbor Realty Trust has a fifty-two week low of $8.18 and a fifty-two week high of $14.72. The company has a debt-to-equity ratio of 2.06, a current ratio of 38.37 and a quick ratio of 38.37.

Arbor Realty Trust (NYSE:ABR) last announced its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.07. Arbor Realty Trust had a return on equity of 12.26% and a net margin of 20.75%.The company had revenue of $162.49 million during the quarter, compared to analysts’ expectations of $72.26 million. On average, equities analysts forecast that Arbor Realty Trust will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 14th were given a $0.30 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.20 annualized dividend and a yield of 13.7%. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 150.00%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ABR shares. Piper Sandler set a $10.00 price target on shares of Arbor Realty Trust and gave the stock an “underweight” rating in a research report on Monday, November 3rd. Keefe, Bruyette & Woods cut their target price on Arbor Realty Trust from $12.00 to $11.00 and set a “market perform” rating for the company in a research note on Monday, November 3rd. Zacks Research raised Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a report on Friday, October 3rd. Wall Street Zen lowered Arbor Realty Trust from a “hold” rating to a “sell” rating in a research note on Sunday, October 26th. Finally, JPMorgan Chase & Co. dropped their price objective on Arbor Realty Trust from $11.50 to $10.00 and set an “underweight” rating for the company in a research report on Monday, November 3rd. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Arbor Realty Trust has a consensus rating of “Reduce” and a consensus target price of $11.00.

About Arbor Realty Trust

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.