BNP Paribas Arbitrage SA increased its holdings in shares of ARBOR RLTY TR I/SH (NYSE:ABR) by 109.8% during the first quarter, HoldingsChannel reports. The firm owned 20,803 shares of the real estate investment trust’s stock after buying an additional 10,886 shares during the period. BNP Paribas Arbitrage SA’s holdings in ARBOR RLTY TR I/SH were worth $270,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in shares of ARBOR RLTY TR I/SH by 14.4% during the fourth quarter. BlackRock Inc. now owns 7,418,340 shares of the real estate investment trust’s stock valued at $74,703,000 after purchasing an additional 933,973 shares in the last quarter. Vanguard Group Inc boosted its stake in shares of ARBOR RLTY TR I/SH by 10.5% during the third quarter. Vanguard Group Inc now owns 2,784,271 shares of the real estate investment trust’s stock valued at $31,964,000 after purchasing an additional 264,837 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of ARBOR RLTY TR I/SH by 10.5% during the third quarter. Vanguard Group Inc. now owns 2,784,271 shares of the real estate investment trust’s stock valued at $31,964,000 after purchasing an additional 264,837 shares in the last quarter. LSV Asset Management boosted its stake in shares of ARBOR RLTY TR I/SH by 84.8% during the fourth quarter. LSV Asset Management now owns 2,096,939 shares of the real estate investment trust’s stock valued at $21,116,000 after purchasing an additional 962,339 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of ARBOR RLTY TR I/SH by 12.9% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,217,231 shares of the real estate investment trust’s stock valued at $12,258,000 after purchasing an additional 139,553 shares in the last quarter. Hedge funds and other institutional investors own 47.29% of the company’s stock.

NYSE:ABR opened at $12.88 on Thursday. ARBOR RLTY TR I/SH has a 52 week low of $9.27 and a 52 week high of $13.94. The company has a debt-to-equity ratio of 2.04, a current ratio of 13.17 and a quick ratio of 13.12. The company has a market cap of $1.14 billion, a P/E ratio of 10.64 and a beta of 0.62.

ARBOR RLTY TR I/SH (NYSE:ABR) last posted its earnings results on Friday, May 10th. The real estate investment trust reported $0.33 EPS for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.07. ARBOR RLTY TR I/SH had a net margin of 46.30% and a return on equity of 13.61%. The company had revenue of $71.28 million during the quarter, compared to analysts’ expectations of $29.10 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. As a group, equities analysts anticipate that ARBOR RLTY TR I/SH will post 1.05 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, May 23rd will be given a dividend of $0.28 per share. This is a boost from ARBOR RLTY TR I/SH’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Wednesday, May 22nd. This represents a $1.12 dividend on an annualized basis and a yield of 8.70%. ARBOR RLTY TR I/SH’s dividend payout ratio is presently 89.26%.

A number of equities research analysts recently commented on the stock. ValuEngine raised shares of ARBOR RLTY TR I/SH from a “hold” rating to a “buy” rating in a research report on Wednesday, May 1st. BTIG Research set a $14.00 target price on shares of ARBOR RLTY TR I/SH and gave the company a “buy” rating in a research report on Wednesday, April 17th. TheStreet cut shares of ARBOR RLTY TR I/SH from a “b-” rating to a “c+” rating in a research report on Friday, May 17th. Finally, Deutsche Bank cut shares of ARBOR RLTY TR I/SH from a “buy” rating to a “hold” rating and set a $11.00 target price for the company. in a research report on Tuesday, February 19th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $12.31.

TRADEMARK VIOLATION NOTICE: This piece of content was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another publication, it was stolen and reposted in violation of United States & international copyright and trademark laws. The correct version of this piece of content can be read at https://www.watchlistnews.com/bnp-paribas-arbitrage-sa-acquires-10886-shares-of-arbor-rlty-tr-i-sh-abr/3019362.html.

About ARBOR RLTY TR I/SH

Arbor Realty Trust, Inc invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. The company operates in two segments, Structured Business and Agency Business. It primarily invests in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related notes and various mortgage-related securities.

See Also: Current Ratio

Want to see what other hedge funds are holding ABR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARBOR RLTY TR I/SH (NYSE:ABR).

Institutional Ownership by Quarter for ARBOR RLTY TR I/SH (NYSE:ABR)

Receive News & Ratings for ARBOR RLTY TR I/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARBOR RLTY TR I/SH and related companies with MarketBeat.com's FREE daily email newsletter.