Alpha Cubed Investments LLC Has $194,000 Stake in Arbor Realty Trust, Inc. (NYSE:ABR)

Alpha Cubed Investments LLC cut its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 7.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,009 shares of the real estate investment trust’s stock after selling 1,115 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Arbor Realty Trust were worth $194,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Arbor Realty Trust by 52.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,456 shares of the real estate investment trust’s stock valued at $4,535,000 after acquiring an additional 100,055 shares during the last quarter. Pathstone Holdings LLC lifted its stake in shares of Arbor Realty Trust by 42.0% in the 3rd quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust’s stock valued at $2,057,000 after purchasing an additional 39,072 shares during the period. Edgestream Partners L.P. bought a new stake in shares of Arbor Realty Trust during the 3rd quarter valued at about $1,443,000. Intech Investment Management LLC bought a new stake in Arbor Realty Trust in the third quarter worth approximately $820,000. Finally, Geode Capital Management LLC increased its holdings in Arbor Realty Trust by 1.1% in the third quarter. Geode Capital Management LLC now owns 4,298,957 shares of the real estate investment trust’s stock worth $66,905,000 after purchasing an additional 45,370 shares in the last quarter. Institutional investors own 57.25% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ABR. JMP Securities raised their price objective on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the stock a “market outperform” rating in a research report on Friday, September 27th. Keefe, Bruyette & Woods reduced their price target on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating on the stock in a report on Tuesday. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $14.00.

Insider Activity at Arbor Realty Trust

In related news, Director William C. Green acquired 5,269 shares of the stock in a transaction dated Thursday, December 5th. The stock was purchased at an average cost of $14.17 per share, with a total value of $74,661.73. Following the completion of the purchase, the director now directly owns 178,797 shares in the company, valued at $2,533,553.49. This trade represents a 3.04 % increase in their position. The purchase 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 insiders.

Arbor Realty Trust Stock Performance

ABR opened at $13.61 on Wednesday. Arbor Realty Trust, Inc. has a 1-year low of $11.92 and a 1-year high of $15.94. The company has a market cap of $2.57 billion, a price-to-earnings ratio of 10.08 and a beta of 2.04. The company’s fifty day moving average price is $14.12 and its two-hundred day moving average price is $14.22. The company has a current ratio of 35.68, a quick ratio of 35.68 and a debt-to-equity ratio of 2.67.

Arbor Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were issued a $0.43 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 12.64%. Arbor Realty Trust’s dividend payout ratio is presently 127.41%.

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.