Nisa Investment Advisors LLC Trims Stake in Arbor Realty Trust $ABR

Nisa Investment Advisors LLC reduced its position in Arbor Realty Trust (NYSE:ABR) by 79.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 18,601 shares of the real estate investment trust’s stock after selling 70,032 shares during the period. Nisa Investment Advisors LLC’s holdings in Arbor Realty Trust were worth $144,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its position in Arbor Realty Trust by 165.0% in the 4th quarter. SG Americas Securities LLC now owns 117,042 shares of the real estate investment trust’s stock worth $908,000 after purchasing an additional 72,873 shares during the period. Hudson Bay Capital Management LP purchased a new stake in Arbor Realty Trust in the 3rd quarter worth about $4,942,000. CIBC Bancorp USA Inc. purchased a new stake in Arbor Realty Trust in the 3rd quarter worth about $248,000. Sunbelt Securities Inc. raised its position in Arbor Realty Trust by 47.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 59,036 shares of the real estate investment trust’s stock worth $721,000 after purchasing an additional 18,982 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in Arbor Realty Trust in the 3rd quarter worth about $72,000. 57.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ABR has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods increased their price objective on shares of Arbor Realty Trust from $7.50 to $8.00 and gave the stock an “underperform” rating in a research report on Wednesday, March 4th. Piper Sandler reduced their price objective on shares of Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating on the stock in a research report on Monday, December 22nd. Weiss Ratings lowered shares of Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 24th. Zacks Research lowered shares of Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 25th. Finally, Citizens Jmp reduced their target price on shares of Arbor Realty Trust from $12.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday, April 2nd. One research analyst has rated the stock with a Buy rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, Arbor Realty Trust currently has an average rating of “Strong Sell” and an average price target of $9.00.

Arbor Realty Trust Stock Performance

Shares of NYSE:ABR opened at $7.52 on Tuesday. The firm has a market cap of $1.45 billion, a PE ratio of 13.66 and a beta of 1.34. The firm’s 50 day simple moving average is $7.73 and its 200-day simple moving average is $8.94. Arbor Realty Trust has a one year low of $7.11 and a one year high of $12.57. The company has a debt-to-equity ratio of 2.41, a quick ratio of 394.59 and a current ratio of 394.59.

Arbor Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 16.0%. Arbor Realty Trust’s dividend payout ratio (DPR) is 218.18%.

Arbor Realty Trust Company Profile

Arbor Realty Trust, Inc (NYSE: ABR) is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders.

Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments.