AQR Capital Management LLC Buys 4,141 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

AQR Capital Management LLC increased its stake in Arbor Realty Trust, Inc. (NYSE:ABR) by 8.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 50,653 shares of the real estate investment trust’s stock after purchasing an additional 4,141 shares during the quarter. AQR Capital Management LLC’s holdings in Arbor Realty Trust were worth $727,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Sfmg LLC raised its holdings in Arbor Realty Trust by 39.3% during the second quarter. Sfmg LLC now owns 13,940 shares of the real estate investment trust’s stock valued at $200,000 after acquiring an additional 3,931 shares during the period. Public Sector Pension Investment Board raised its holdings in Arbor Realty Trust by 7.4% during the second quarter. Public Sector Pension Investment Board now owns 414,825 shares of the real estate investment trust’s stock valued at $5,953,000 after acquiring an additional 28,448 shares during the period. Sei Investments Co. bought a new stake in shares of Arbor Realty Trust in the second quarter worth about $169,000. AE Wealth Management LLC bought a new stake in shares of Arbor Realty Trust in the second quarter worth about $147,000. Finally, Vanguard Personalized Indexing Management LLC increased its holdings in shares of Arbor Realty Trust by 230.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 33,381 shares of the real estate investment trust’s stock worth $479,000 after purchasing an additional 23,290 shares during the last quarter. 57.25% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. JMP Securities lifted their target price on Arbor Realty Trust from $16.00 to $16.50 and gave the stock a “market outperform” rating in a report on Friday, September 27th. Keefe, Bruyette & Woods lifted their target price on Arbor Realty Trust from $13.25 to $14.00 and gave the stock a “market perform” rating in a report on Wednesday, July 10th. Raymond James lifted their target price on Arbor Realty Trust from $15.00 to $16.00 and gave the stock an “outperform” rating in a report on Thursday, September 19th. Piper Sandler lifted their price target on Arbor Realty Trust from $12.00 to $12.50 and gave the stock an “underweight” rating in a research report on Monday, August 5th. Finally, JPMorgan Chase & Co. dropped their price target on Arbor Realty Trust from $12.00 to $11.50 and set an “underweight” rating for the company in a research report on Tuesday, July 16th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $13.92.

Arbor Realty Trust Stock Down 2.0 %

Shares of NYSE:ABR opened at $15.05 on Monday. Arbor Realty Trust, Inc. has a 1 year low of $11.77 and a 1 year high of $16.35. The business has a 50 day simple moving average of $14.13 and a two-hundred day simple moving average of $13.73. The firm has a market capitalization of $2.84 billion, a PE ratio of 9.35 and a beta of 2.06. The company has a debt-to-equity ratio of 2.78, a current ratio of 37.31 and a quick ratio of 37.31.

Arbor Realty Trust (NYSE:ABR) last announced its earnings results on Friday, August 2nd. The real estate investment trust reported $0.44 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $300.69 million. During the same quarter in the previous year, the business earned $0.56 earnings per share. On average, equities analysts predict that Arbor Realty Trust, Inc. will post 1.7 EPS for the current year.

Arbor Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 16th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 11.43%. The ex-dividend date was Friday, August 16th. Arbor Realty Trust’s dividend payout ratio is presently 106.83%.

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.