Palogic Value Management L.P. Takes Position in Arbor Realty Trust $ABR

Palogic Value Management L.P. bought a new position in shares of Arbor Realty Trust (NYSE:ABR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 274,127 shares of the real estate investment trust’s stock, valued at approximately $1,486,000. Palogic Value Management L.P. owned approximately 0.15% of Arbor Realty Trust at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE acquired a new stake in shares of Arbor Realty Trust during the second quarter worth about $1,892,000. Freestone Grove Partners LP acquired a new stake in Arbor Realty Trust during the 2nd quarter worth approximately $1,349,000. Odyssean LLC boosted its position in Arbor Realty Trust by 227.4% in the 2nd quarter. Odyssean LLC now owns 570,598 shares of the real estate investment trust’s stock valued at $3,093,000 after buying an additional 396,292 shares during the period. Miller Value Partners LLC acquired a new position in shares of Arbor Realty Trust in the second quarter worth $3,312,000. Finally, Jupiter Topco LLC acquired a new stake in shares of Arbor Realty Trust in the second quarter valued at $466,000. 57.25% of the stock is owned by institutional investors and hedge funds.

Arbor Realty Trust Trading Down 1.6%

Shares of Arbor Realty Trust stock opened at $5.07 on Thursday. The company has a current ratio of 478.85, a quick ratio of 478.85 and a debt-to-equity ratio of 2.33. The company has a fifty day simple moving average of $5.13 and a 200-day simple moving average of $6.41. The stock has a market cap of $945.86 million, a price-to-earnings ratio of 72.43 and a beta of 1.15. Arbor Realty Trust has a 12-month low of $4.73 and a 12-month high of $12.57.

Arbor Realty Trust (NYSE:ABR) last announced its quarterly earnings results on Friday, July 31st. The real estate investment trust reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.05. The firm had revenue of $117.83 million during the quarter, compared to analysts’ expectations of $107.75 million. Arbor Realty Trust had a net margin of 6.24% and a return on equity of 7.38%. On average, equities analysts forecast that Arbor Realty Trust will post 0.29 EPS for the current fiscal year.

Arbor Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.68 annualized dividend and a yield of 13.4%. Arbor Realty Trust’s payout ratio is 971.43%.

Analysts Set New Price Targets

Several research analysts recently commented on ABR shares. Zacks Research cut Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 16th. Weiss Ratings lowered shares of Arbor Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, July 30th. Keefe, Bruyette & Woods decreased their price target on shares of Arbor Realty Trust from $5.50 to $5.00 and set an “underperform” rating for the company in a research note on Monday, August 3rd. Citizens Jmp lowered their price target on shares of Arbor Realty Trust from $9.50 to $8.50 and set a “market outperform” rating for the company in a report on Thursday, May 14th. Finally, JPMorgan Chase & Co. upgraded shares of Arbor Realty Trust from an “underweight” rating to a “neutral” rating and reduced their price objective for the company from $7.00 to $5.50 in a report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Arbor Realty Trust has a consensus rating of “Reduce” and a consensus target price of $6.00.

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.