Kingsview Wealth Management LLC Lowers Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Kingsview Wealth Management LLC lessened its stake in Arbor Realty Trust, Inc. (NYSE:ABR) by 21.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,080 shares of the real estate investment trust’s stock after selling 4,951 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Arbor Realty Trust were worth $250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. GAMMA Investing LLC lifted its stake in Arbor Realty Trust by 75.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 688 shares during the period. Harbor Capital Advisors Inc. bought a new position in Arbor Realty Trust during the 3rd quarter valued at about $38,000. Glenmede Trust Co. NA lifted its stake in Arbor Realty Trust by 33.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 701 shares during the period. KBC Group NV lifted its stake in Arbor Realty Trust by 39.1% during the 3rd quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust’s stock valued at $100,000 after acquiring an additional 1,796 shares during the period. Finally, Prospera Private Wealth LLC bought a new position in Arbor Realty Trust during the 3rd quarter valued at about $102,000. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. lowered their target price on shares of Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating on the stock in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods reduced their price target on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a research report on Tuesday, January 14th. Two investment 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 data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $14.00.

Insider Buying and Selling

In other news, Director William C. Green bought 5,269 shares of Arbor Realty Trust stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average cost of $14.17 per share, with a total value of $74,661.73. Following the acquisition, the director now owns 178,797 shares of the company’s stock, valued at $2,533,553.49. The trade was a 3.04 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.70% of the stock is currently owned by insiders.

Arbor Realty Trust Trading Up 0.8 %

Arbor Realty Trust stock opened at $13.76 on Friday. The firm has a 50 day moving average of $13.74 and a 200 day moving average of $14.20. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 10.19 and a beta of 2.03. Arbor Realty Trust, Inc. has a 12-month low of $11.95 and a 12-month high of $15.94. The company has a current ratio of 35.68, a quick ratio of 35.68 and a debt-to-equity ratio of 2.67.

Arbor Realty Trust Company 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.