Sunbelt Securities Inc. Purchases 124,728 Shares of Arbor Realty Trust $ABR

Sunbelt Securities Inc. boosted its position in Arbor Realty Trust (NYSE:ABR) by 211.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 183,764 shares of the real estate investment trust’s stock after buying an additional 124,728 shares during the quarter. Sunbelt Securities Inc.’s holdings in Arbor Realty Trust were worth $1,426,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its position in Arbor Realty Trust by 73.5% during 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. Rothschild Investment LLC boosted its position in shares of Arbor Realty Trust by 1,264.6% in the third quarter. Rothschild Investment LLC now owns 3,275 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 3,035 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Arbor Realty Trust in the second quarter worth $46,000. Larson Financial Group LLC increased its position in Arbor Realty Trust by 98.9% during the third quarter. Larson Financial Group LLC now owns 4,411 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 2,193 shares during the period. Finally, Russell Investments Group Ltd. increased its position in Arbor Realty Trust by 61.0% during the second quarter. Russell Investments Group Ltd. now owns 4,705 shares of the real estate investment trust’s stock worth $50,000 after acquiring an additional 1,782 shares during the period. Institutional investors and hedge funds own 57.25% of the company’s stock.

Insiders Place Their Bets

In related news, insider David Erwin Friedman sold 7,685 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $6.87, for a total value of $52,795.95. Following the sale, the insider owned 59,638 shares of the company’s stock, valued at $409,713.06. The trade was a 11.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 4.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Arbor Realty Trust in a report on Friday, May 22nd. Wall Street Zen cut shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Keefe, Bruyette & Woods decreased their target price on Arbor Realty Trust from $7.50 to $6.50 and set an “underperform” rating on the stock in a research report on Tuesday, May 12th. Citizens Jmp decreased their target price on Arbor Realty Trust from $9.50 to $8.50 and set a “market outperform” rating on the stock in a research report on Thursday, May 14th. Finally, Zacks Research upgraded Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $8.00.

Arbor Realty Trust Stock Down 0.3%

Shares of ABR stock opened at $5.18 on Friday. Arbor Realty Trust has a one year low of $4.99 and a one year high of $12.57. The company has a debt-to-equity ratio of 2.71, a current ratio of 428.41 and a quick ratio of 428.41. The stock has a fifty day moving average price of $6.48 and a 200 day moving average price of $7.42. The stock has a market cap of $997.39 million, a P/E ratio of 13.29 and a beta of 1.14.

Arbor Realty Trust (NYSE:ABR) last announced its quarterly earnings results on Friday, May 8th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.09). Arbor Realty Trust had a net margin of 12.73% and a return on equity of 8.49%. The business had revenue of $119.67 million during the quarter, compared to the consensus estimate of $109.86 million. Analysts predict that Arbor Realty Trust will post 0.38 earnings per share for the current year.

Arbor Realty Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 13.1%. The ex-dividend date was Friday, May 22nd. Arbor Realty Trust’s payout ratio is 174.36%.

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.