Nisa Investment Advisors LLC Has $646,000 Holdings in Arbor Realty Trust (NYSE:ABR)

Nisa Investment Advisors LLC lessened its stake in Arbor Realty Trust (NYSE:ABR) by 47.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 54,952 shares of the real estate investment trust’s stock after selling 50,421 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Arbor Realty Trust were worth $646,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Natixis Advisors LLC boosted its position in Arbor Realty Trust by 5.0% during the fourth quarter. Natixis Advisors LLC now owns 16,728 shares of the real estate investment trust’s stock valued at $232,000 after purchasing an additional 797 shares during the last quarter. Xponance Inc. increased its stake in Arbor Realty Trust by 10.0% during the 4th quarter. Xponance Inc. now owns 13,288 shares of the real estate investment trust’s stock worth $184,000 after acquiring an additional 1,209 shares during the period. Summit Investment Advisors Inc. increased its stake in Arbor Realty Trust by 6.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 19,266 shares of the real estate investment trust’s stock worth $267,000 after acquiring an additional 1,223 shares during the period. Monetary Management Group Inc. increased its stake in shares of Arbor Realty Trust by 25.0% in the 4th quarter. Monetary Management Group Inc. now owns 6,250 shares of the real estate investment trust’s stock valued at $87,000 after purchasing an additional 1,250 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in shares of Arbor Realty Trust by 12.1% in the 4th quarter. Integrated Wealth Concepts LLC now owns 11,810 shares of the real estate investment trust’s stock valued at $164,000 after purchasing an additional 1,272 shares during the last quarter. 57.25% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ABR shares. Keefe, Bruyette & Woods reduced their price objective on Arbor Realty Trust from $11.75 to $11.00 and set a “market perform” rating on the stock in a research report on Tuesday, May 6th. JPMorgan Chase & Co. reduced their price target on Arbor Realty Trust from $10.50 to $10.00 and set an “underweight” rating on the stock in a research report on Monday, May 5th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Arbor Realty Trust has an average rating of “Hold” and an average price target of $13.20.

Arbor Realty Trust Stock Performance

Shares of Arbor Realty Trust stock opened at $11.07 on Wednesday. The company has a market cap of $2.13 billion, a PE ratio of 10.64 and a beta of 1.37. Arbor Realty Trust has a 52 week low of $8.43 and a 52 week high of $15.94. The business has a 50 day moving average price of $10.37 and a 200-day moving average price of $11.70. The company has a quick ratio of 36.48, a current ratio of 36.48 and a debt-to-equity ratio of 1.92.

Arbor Realty Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 10.84%. Arbor Realty Trust’s dividend payout ratio (DPR) is presently 115.38%.

Insider Activity

In other Arbor Realty Trust news, CEO Ivan Kaufman bought 140,000 shares of Arbor Realty Trust stock in a transaction dated Wednesday, May 21st. The stock was bought at an average cost of $9.43 per share, with a total value of $1,320,200.00. Following the completion of the acquisition, the chief executive officer directly owned 1,929,816 shares in the company, valued at approximately $18,198,164.88. The trade was a 7.82% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders purchased 210,000 shares of company stock valued at $1,942,000 over the last three months. Corporate insiders own 3.80% of the company’s stock.

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.