Wells Fargo & Company MN raised its holdings in shares of Arbor Realty Trust (NYSE:ABR) by 7.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,267 shares of the real estate investment trust’s stock after purchasing an additional 2,720 shares during the quarter. Wells Fargo & Company MN owned 0.08% of Arbor Realty Trust worth $336,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in ABR. ClariVest Asset Management LLC lifted its position in shares of Arbor Realty Trust by 1,049.2% during the second quarter. ClariVest Asset Management LLC now owns 493,187 shares of the real estate investment trust’s stock worth $4,114,000 after purchasing an additional 450,271 shares during the last quarter. Marshall Wace North America L.P. bought a new stake in shares of Arbor Realty Trust during the second quarter worth $2,515,000. Alpine Woods Capital Investors LLC lifted its position in shares of Arbor Realty Trust by 1,720.8% during the second quarter. Alpine Woods Capital Investors LLC now owns 218,500 shares of the real estate investment trust’s stock worth $1,822,000 after purchasing an additional 206,500 shares during the last quarter. LSV Asset Management raised its holdings in shares of Arbor Realty Trust by 503.0% in the second quarter. LSV Asset Management now owns 208,000 shares of the real estate investment trust’s stock valued at $1,734,000 after acquiring an additional 173,508 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in shares of Arbor Realty Trust by 17.9% in the first quarter. Renaissance Technologies LLC now owns 713,537 shares of the real estate investment trust’s stock valued at $5,979,000 after acquiring an additional 108,537 shares in the last quarter. Institutional investors and hedge funds own 47.77% of the company’s stock.

Separately, Zacks Investment Research upgraded Arbor Realty Trust from a “hold” rating to a “strong-buy” rating and set a $9.50 price objective for the company in a report on Thursday, November 9th.

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In other Arbor Realty Trust news, Director Melvin F. Lazar purchased 6,785 shares of the company’s stock in a transaction dated Wednesday, August 30th. The shares were acquired at an average price of $8.04 per share, for a total transaction of $54,551.40. Following the completion of the purchase, the director now owns 169,615 shares of the company’s stock, valued at $1,363,704.60. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William B. Helmreich sold 28,000 shares of the business’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $8.03, for a total value of $224,840.00. Following the sale, the director now owns 178,735 shares in the company, valued at approximately $1,435,242.05. The disclosure for this sale can be found here. 16.50% of the stock is currently owned by insiders.

Arbor Realty Trust (NYSE ABR) opened at $8.43 on Friday. Arbor Realty Trust has a 52 week low of $6.92 and a 52 week high of $8.99. The company has a quick ratio of 13.19, a current ratio of 13.19 and a debt-to-equity ratio of 1.72. The stock has a market capitalization of $506.58, a PE ratio of 8.13 and a beta of 0.61.

Arbor Realty Trust (NYSE:ABR) last posted its earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. Arbor Realty Trust had a return on equity of 11.61% and a net margin of 57.54%. The company had revenue of $42.14 million for the quarter. equities research analysts expect that Arbor Realty Trust will post 1 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.19 per share. This is a positive change from Arbor Realty Trust’s previous quarterly dividend of $0.18. The ex-dividend date is Tuesday, November 14th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 9.02%. Arbor Realty Trust’s payout ratio is presently 64.96%.

Arbor Realty Trust Company Profile

Arbor Realty Trust, Inc is a real estate investment trust. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity.

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Institutional Ownership by Quarter for Arbor Realty Trust (NYSE:ABR)

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