Arbor Realty Trust, Inc. (NYSE:ABR) Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC cut its stake in Arbor Realty Trust, Inc. (NYSE:ABR) by 19.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,538 shares of the real estate investment trust’s stock after selling 2,506 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Arbor Realty Trust were worth $164,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of ABR. GAMMA Investing LLC grew its position in Arbor Realty Trust by 75.5% in the third quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 688 shares during the period. Harbor Capital Advisors Inc. purchased a new position in shares of Arbor Realty Trust during the 3rd quarter worth $38,000. Glenmede Trust Co. NA increased its position in shares of Arbor Realty Trust by 33.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 701 shares during the last quarter. KBC Group NV raised its holdings in Arbor Realty Trust by 39.1% in the 3rd quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust’s stock valued at $100,000 after buying an additional 1,796 shares during the period. Finally, Prospera Private Wealth LLC acquired a new position in Arbor Realty Trust in the third quarter valued at about $102,000. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Stock Performance

NYSE:ABR opened at $14.45 on Friday. The company has a market cap of $2.73 billion, a price-to-earnings ratio of 10.70 and a beta of 2.03. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67. Arbor Realty Trust, Inc. has a 52 week low of $11.92 and a 52 week high of $16.35. The company has a fifty day simple moving average of $14.88 and a two-hundred day simple moving average of $14.27.

Arbor Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.72 annualized dividend and a yield of 11.90%. Arbor Realty Trust’s dividend payout ratio (DPR) is 127.41%.

Insider Buying and Selling at Arbor Realty Trust

In other news, Director William C. Green bought 5,269 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average cost of $14.17 per share, for a total transaction of $74,661.73. Following the completion of the purchase, the director now owns 178,797 shares of the company’s stock, valued at approximately $2,533,553.49. This represents a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

ABR has been the topic of a number of research analyst reports. JMP Securities boosted their price target on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a research note on Friday, September 27th. JPMorgan Chase & Co. upped their price target on Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a research note on Thursday, October 17th. Finally, Raymond James boosted their price objective on Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a report on Thursday, September 19th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Arbor Realty Trust presently has an average rating of “Hold” and an average price target of $14.25.

About Arbor Realty Trust

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.