Arbor Realty Trust (NYSE:ABR) Downgraded to “Market Perform” Rating by Raymond James

Arbor Realty Trust (NYSE:ABR) was downgraded by Raymond James from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Monday,Briefing.com Automated Import reports.

A number of other research firms have also recently issued reports on ABR. Keefe, Bruyette & Woods cut their target price on Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating on the stock in a research note on Tuesday, January 14th. JPMorgan Chase & Co. cut their target price on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating on the stock in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $14.00.

Arbor Realty Trust Price Performance

ABR stock opened at $12.00 on Monday. The stock has a 50-day simple moving average of $13.65 and a 200-day simple moving average of $14.21. The firm has a market cap of $2.26 billion, a P/E ratio of 8.89 and a beta of 2.03. The company has a debt-to-equity ratio of 2.67, a quick ratio of 35.68 and a current ratio of 35.68. Arbor Realty Trust has a 1 year low of $11.87 and a 1 year high of $15.94.

Arbor Realty Trust (NYSE:ABR) last posted its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). Arbor Realty Trust had a return on equity of 14.94% and a net margin of 23.99%. The firm had revenue of $262.87 million for the quarter, compared to analyst estimates of $88.92 million. On average, equities analysts predict that Arbor Realty Trust will post 1.68 earnings per share for the current fiscal year.

Insider Buying and Selling at Arbor Realty Trust

In other news, Director William C. Green bought 5,269 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was acquired at an average price 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 of the company’s stock, valued at $2,533,553.49. This represents a 3.04 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 3.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Arbor Realty Trust

Large investors have recently made changes to their positions in the business. GTS Securities LLC increased its stake in Arbor Realty Trust by 126.4% in the 4th quarter. GTS Securities LLC now owns 12,827 shares of the real estate investment trust’s stock worth $178,000 after purchasing an additional 61,427 shares in the last quarter. Novem Group purchased a new position in shares of Arbor Realty Trust in the fourth quarter worth approximately $239,000. PharVision Advisers LLC acquired a new stake in shares of Arbor Realty Trust during the fourth quarter valued at approximately $207,000. Voloridge Investment Management LLC boosted its stake in Arbor Realty Trust by 4.4% in the 4th quarter. Voloridge Investment Management LLC now owns 629,298 shares of the real estate investment trust’s stock worth $8,716,000 after purchasing an additional 26,383 shares during the period. Finally, State of Wyoming purchased a new position in Arbor Realty Trust during the 4th quarter worth approximately $97,000. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Company 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.