Vanguard Personalized Indexing Management LLC Has $479,000 Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Vanguard Personalized Indexing Management LLC raised its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 230.8% in the second quarter, HoldingsChannel.com reports. The fund owned 33,381 shares of the real estate investment trust’s stock after purchasing an additional 23,290 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Arbor Realty Trust were worth $479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Westside Investment Management Inc. bought a new stake in Arbor Realty Trust in the 1st quarter valued at $27,000. ICA Group Wealth Management LLC acquired a new position in shares of Arbor Realty Trust in the fourth quarter valued at $35,000. Scarborough Advisors LLC acquired a new stake in shares of Arbor Realty Trust during the 4th quarter worth about $38,000. PNC Financial Services Group Inc. lifted its stake in shares of Arbor Realty Trust by 16.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,131 shares of the real estate investment trust’s stock worth $108,000 after buying an additional 1,010 shares during the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Arbor Realty Trust by 20.6% during the 2nd quarter. Signaturefd LLC now owns 8,807 shares of the real estate investment trust’s stock worth $126,000 after buying an additional 1,504 shares during the period. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Price Performance

Shares of NYSE:ABR opened at $15.68 on Friday. The firm has a 50 day moving average of $13.78 and a 200-day moving average of $13.56. Arbor Realty Trust, Inc. has a 12 month low of $11.77 and a 12 month high of $16.35. The company has a current ratio of 37.31, a quick ratio of 37.31 and a debt-to-equity ratio of 2.78. The stock has a market capitalization of $2.95 billion, a PE ratio of 9.74 and a beta of 2.05.

Arbor Realty Trust (NYSE:ABR) last released its quarterly earnings data on Friday, August 2nd. The real estate investment trust reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.02. Arbor Realty Trust had a return on equity of 15.75% and a net margin of 24.59%. The business had revenue of $297.19 million for the quarter, compared to analyst estimates of $300.69 million. During the same period last year, the firm posted $0.56 earnings per share. On average, equities research analysts predict that Arbor Realty Trust, Inc. will post 1.7 EPS for the current fiscal year.

Arbor Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were issued a $0.43 dividend. The ex-dividend date was Friday, August 16th. This represents a $1.72 dividend on an annualized basis and a yield of 10.97%. Arbor Realty Trust’s dividend payout ratio (DPR) is presently 106.83%.

Analyst Ratings Changes

Several equities research analysts have issued reports on ABR shares. Piper Sandler raised their price objective on shares of Arbor Realty Trust from $12.00 to $12.50 and gave the stock an “underweight” rating in a research report on Monday, August 5th. JMP Securities boosted their price target on Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a research note on Friday. Keefe, Bruyette & Woods upped their price objective on Arbor Realty Trust from $13.25 to $14.00 and gave the company a “market perform” rating in a report on Wednesday, July 10th. JPMorgan Chase & Co. dropped their target price on Arbor Realty Trust from $12.00 to $11.50 and set an “underweight” rating for the company in a report on Tuesday, July 16th. Finally, Raymond James boosted their target price on shares of Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a research report on Thursday, September 19th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $13.92.

Arbor Realty Trust Profile

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