Vanguard Group Inc. Has $270.36 Million Position in Arbor Realty Trust, Inc. (NYSE:ABR)

Vanguard Group Inc. trimmed its stake in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 0.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,520,775 shares of the real estate investment trust’s stock after selling 44,803 shares during the quarter. Vanguard Group Inc. owned approximately 0.10% of Arbor Realty Trust worth $270,363,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Glenmede Trust Co. NA grew 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 worth $44,000 after buying an additional 701 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in shares of Arbor Realty Trust by 4.3% during the 4th quarter. CIBC Asset Management Inc now owns 18,676 shares of the real estate investment trust’s stock valued at $259,000 after acquiring an additional 774 shares in the last quarter. Natixis Advisors LLC grew its position in Arbor Realty Trust by 5.0% during the 4th quarter. Natixis Advisors LLC now owns 16,728 shares of the real estate investment trust’s stock worth $232,000 after acquiring an additional 797 shares during the last quarter. Principal Securities Inc. increased its holdings in Arbor Realty Trust by 10.0% in the 4th quarter. Principal Securities Inc. now owns 9,062 shares of the real estate investment trust’s stock worth $126,000 after purchasing an additional 825 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its position in Arbor Realty Trust by 0.7% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 153,494 shares of the real estate investment trust’s stock valued at $2,126,000 after purchasing an additional 1,007 shares during the last quarter. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Stock Down 4.3 %

Arbor Realty Trust stock opened at $11.22 on Friday. The firm has a market cap of $2.13 billion, a price-to-earnings ratio of 9.43 and a beta of 2.05. Arbor Realty Trust, Inc. has a 52-week low of $11.08 and a 52-week high of $15.94. The company has a debt-to-equity ratio of 2.41, a quick ratio of 35.68 and a current ratio of 37.49. The firm has a 50 day moving average price of $12.68 and a two-hundred day moving average price of $13.90.

Arbor Realty Trust (NYSE:ABR) last released its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02). Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. The firm had revenue of $262.87 million during the quarter, compared to analyst estimates of $88.92 million. Equities analysts predict that Arbor Realty Trust, Inc. will post 1.65 EPS for the current year.

Arbor Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were paid a dividend of $0.43 per share. The ex-dividend date was Friday, March 7th. This represents a $1.72 annualized dividend and a yield of 15.33%. Arbor Realty Trust’s dividend payout ratio is currently 144.54%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on ABR shares. Keefe, Bruyette & Woods reduced their price target on Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating on the stock in a report on Tuesday, February 25th. JPMorgan Chase & Co. decreased their price target on shares of 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. Finally, Raymond James lowered shares of Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a report on Monday, February 24th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $13.75.

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.