2 weeks Ago By Defense World Staff
Bank of Montreal Can boosted its position in Arbor Realty Trust, Inc. ( NYSE:ABR – Free Report ) by 14.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC.
The fund owned 23,692 shares of the real estate investment trust’s stock after purchasing an additional 2,953 shares during the period. Bank of Montreal Can’s holdings in Arbor Realty Trust were worth $328,000 as of its most recent SEC filing. A number of other large investors have also made changes to their positions in the company.
Shakespeare Wealth Management LLC purchased a new stake in shares of Arbor Realty Trust during the fourth quarter worth about $59,000. Envestnet Asset Management Inc. purchased a new stake in Arbor Realty Trust in the 4th quarter worth about $152,000.
O Shaughnessy Asset Management LLC grew its position in Arbor Realty Trust by 210.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 153,384 shares of the real estate investment trust’s stock valued at $2,124,000 after acquiring an additional 103,964 shares during the last quarter.
Pictet Asset Management Holding SA increased its stake in Arbor Realty Trust by 23.1% in the fourth quarter. Pictet Asset Management Holding SA now owns 26,797 shares of the real estate investment trust’s stock worth $371,000 after purchasing an additional 5,034 shares during the period.
Finally, New Age Alpha Advisors LLC bought a new position in shares of Arbor Realty Trust in the fourth quarter worth about $397,000. 57.25% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades Several analysts recently weighed in on ABR shares. Raymond James downgraded Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a report on Monday, February 24th. JPMorgan Chase & Co.
decreased their target price on Arbor Realty Trust from $11.50 to $10.50 and set an “underweight” rating for the company in a report on Wednesday, April 16th.
Finally, Keefe, Bruyette & Woods reduced their price target on Arbor Realty Trust from $12.00 to $11.75 and set a “market perform” rating for the company in a research report on Monday, April 7th.
Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, Arbor Realty Trust has an average rating of “Hold” and a consensus target price of $13.38.
Arbor Realty Trust Price Performance Shares of Arbor Realty Trust stock opened at $11.32 on Thursday. The firm has a market cap of $2.
15 billion, a PE ratio of 9.51 and a beta of 1.66.
The business has a 50-day moving average price of $11.83 and a 200 day moving average price of $13.45.
The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.
41. Arbor Realty Trust, Inc. has a twelve month low of $9.
66 and a twelve month high of $15.94. Arbor Realty Trust ( NYSE:ABR – Get Free Report ) last announced its earnings results on Friday, February 21st.
The real estate investment trust reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.
02). Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.
66%. The business had revenue of $262.87 million for the quarter, compared to analyst estimates of $88.
92 million. Sell-side analysts predict that Arbor Realty Trust, Inc. will post 1.
65 earnings per share for the current fiscal year. Arbor Realty Trust Announces Dividend The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were issued a $0.
43 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $1.
72 annualized dividend and a dividend yield of 15.19%. Arbor Realty Trust’s dividend payout ratio is presently 144.
54%. Arbor Realty Trust Profile ( Free Report ) 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. Recommended Stories Five stocks we like better than Arbor Realty Trust What is the Nasdaq? Complete Overview with History Can IBM’s Q1 Earnings Spark a Breakout for the Stock? 2 Rising CRM Platform Stocks That Can Surge Higher in 2025 S&P 500 and Nasdaq-100 Flashed Death Crosses—Should You Worry? How to Effectively Use the MarketBeat Ratings Screener Fundamentally Sound, These 5 Stocks Sold Off Anyway Want to see what other hedge funds are holding ABR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arbor Realty Trust, Inc.
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