Arbor Realty Trust, Inc. (NYSE:ABR) Shares Sold by Cwm LLC

Cwm LLC trimmed its holdings in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 9.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,507 shares of the real estate investment trust’s stock after selling 926 shares during the quarter. Cwm LLC’s holdings in Arbor Realty Trust were worth $129,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cambridge Investment Research Advisors Inc. increased its position in shares of Arbor Realty Trust by 8.1% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 328,637 shares of the real estate investment trust’s stock valued at $4,989,000 after acquiring an additional 24,631 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Arbor Realty Trust by 11.1% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 386,237 shares of the real estate investment trust’s stock valued at $5,863,000 after purchasing an additional 38,496 shares during the last quarter. Bank of New York Mellon Corp raised its position in Arbor Realty Trust by 1.8% in the third quarter. Bank of New York Mellon Corp now owns 1,494,073 shares of the real estate investment trust’s stock valued at $22,680,000 after purchasing an additional 26,567 shares during the period. Bailard Inc. raised its position in Arbor Realty Trust by 66.7% in the third quarter. Bailard Inc. now owns 20,797 shares of the real estate investment trust’s stock valued at $316,000 after purchasing an additional 8,319 shares during the period. Finally, New York State Teachers Retirement System lifted its stake in Arbor Realty Trust by 460.3% during the third quarter. New York State Teachers Retirement System now owns 272,907 shares of the real estate investment trust’s stock worth $4,143,000 after purchasing an additional 224,196 shares in the last quarter. 57.25% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ABR has been the topic of several research analyst reports. JPMorgan Chase & Co. cut their price objective on Arbor Realty Trust from $12.50 to $12.00 and set an “underweight” rating on the stock in a report on Wednesday, April 10th. TheStreet raised shares of Arbor Realty Trust from a “d+” rating to a “c” rating in a research report on Monday, March 18th. JMP Securities dropped their price objective on shares of Arbor Realty Trust from $19.00 to $17.00 and set a “market outperform” rating for the company in a report on Thursday, February 1st. Keefe, Bruyette & Woods cut their target price on shares of Arbor Realty Trust from $13.50 to $13.25 and set a “market perform” rating on the stock in a research note on Wednesday, April 10th. Finally, Wedbush restated a “neutral” rating and issued a $13.00 price target (down previously from $17.00) on shares of Arbor Realty Trust in a research note on Thursday, April 11th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $14.71.

Insider Activity

In other Arbor Realty Trust news, Director William C. Green bought 10,209 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The stock was purchased at an average price of $12.93 per share, for a total transaction of $132,002.37. Following the completion of the purchase, the director now directly owns 162,809 shares in the company, valued at $2,105,120.37. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 3.70% of the company’s stock.

Arbor Realty Trust Price Performance

Shares of ABR opened at $12.89 on Monday. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 8.01 and a beta of 1.96. The firm’s fifty day simple moving average is $12.85 and its 200-day simple moving average is $13.40. Arbor Realty Trust, Inc. has a twelve month low of $10.70 and a twelve month high of $17.74. The company has a current ratio of 36.02, a quick ratio of 36.02 and a debt-to-equity ratio of 3.21.

Arbor Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be given a dividend of $0.43 per share. The ex-dividend date is Thursday, May 16th. This represents a $1.72 annualized dividend and a dividend yield of 13.34%. Arbor Realty Trust’s dividend payout ratio is currently 106.83%.

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.