Arbor Realty Trust (NYSE:ABR) Raised to “Hold” at Zacks Research

Arbor Realty Trust (NYSE:ABR) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

A number of other analysts also recently issued reports on the stock. Keefe, Bruyette & Woods increased their price target on shares of Arbor Realty Trust from $7.50 to $8.00 and gave the stock an “underperform” rating in a report on Wednesday, March 4th. Citizens Jmp lowered their price target on shares of Arbor Realty Trust from $12.00 to $11.00 and set a “market outperform” rating on the stock in a report on Thursday, April 2nd. Wall Street Zen downgraded shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. Finally, Weiss Ratings downgraded shares of Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 24th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $9.00.

Arbor Realty Trust Stock Performance

Shares of NYSE ABR opened at $8.01 on Monday. The company’s fifty day moving average price is $7.81 and its 200 day moving average price is $8.39. Arbor Realty Trust has a 1 year low of $7.11 and a 1 year high of $12.57. The company has a market capitalization of $1.54 billion, a PE ratio of 14.55 and a beta of 1.24. The company has a debt-to-equity ratio of 2.41, a quick ratio of 394.59 and a current ratio of 394.59.

Institutional Investors Weigh In On Arbor Realty Trust

Hedge funds and other institutional investors have recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its holdings in shares of Arbor Realty Trust by 73.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,774 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,175 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in Arbor Realty Trust in the 4th quarter valued at approximately $39,000. Rothschild Investment LLC increased its holdings in Arbor Realty Trust by 1,264.6% in the 3rd quarter. Rothschild Investment LLC now owns 3,275 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 3,035 shares during the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Arbor Realty Trust in the 4th quarter valued at approximately $42,000. Finally, Atlantic Union Bankshares Corp increased its holdings in Arbor Realty Trust by 52.2% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 3,805 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 1,305 shares during the last quarter. 57.25% of the stock is currently owned by institutional investors and hedge funds.

About Arbor Realty Trust

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.