Swiss National Bank Has $5.14 Million Stake in Arbor Realty Trust, Inc. (NYSE:ABR)

Swiss National Bank lifted its stake in Arbor Realty Trust, Inc. (NYSE:ABR) by 0.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 370,851 shares of the real estate investment trust’s stock after acquiring an additional 2,800 shares during the quarter. Swiss National Bank’s holdings in Arbor Realty Trust were worth $5,136,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in ABR. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Arbor Realty Trust in the 4th quarter worth approximately $2,181,000. Wealthfront Advisers LLC acquired a new position in shares of Arbor Realty Trust in the fourth quarter worth $1,854,000. Gables Capital Management Inc. raised its holdings in shares of Arbor Realty Trust by 20.0% during the fourth quarter. Gables Capital Management Inc. now owns 20,967 shares of the real estate investment trust’s stock worth $290,000 after acquiring an additional 3,500 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Arbor Realty Trust by 12.0% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 54,495 shares of the real estate investment trust’s stock valued at $755,000 after purchasing an additional 5,841 shares during the last quarter. Finally, AlphaQuest LLC increased its position in Arbor Realty Trust by 861.7% in the 4th quarter. AlphaQuest LLC now owns 89,840 shares of the real estate investment trust’s stock worth $1,244,000 after purchasing an additional 80,498 shares during the last quarter. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ABR has been the subject of several research reports. JPMorgan Chase & Co. reduced their price target on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a report on Tuesday, January 21st. Keefe, Bruyette & Woods dropped their price target on shares of Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating on the stock in a research note on Tuesday, February 25th. Finally, Raymond James lowered shares of Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Monday, February 24th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $13.75.

Arbor Realty Trust Stock Down 0.3 %

Shares of Arbor Realty Trust stock opened at $12.24 on Tuesday. Arbor Realty Trust, Inc. has a 12-month low of $11.43 and a 12-month high of $15.94. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. The stock has a 50 day moving average price of $12.99 and a two-hundred day moving average price of $14.03. The stock has a market capitalization of $2.32 billion, a P/E ratio of 10.28 and a beta of 2.05.

Arbor Realty Trust (NYSE:ABR) last posted its quarterly earnings data on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02). The firm had revenue of $262.87 million for the quarter, compared to the consensus estimate of $88.92 million. Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. Equities analysts expect that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current year.

Arbor Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were paid a $0.43 dividend. The ex-dividend date was Friday, March 7th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 14.06%. Arbor Realty Trust’s payout ratio is presently 144.54%.

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.