WMG Financial Advisors LLC Cuts Stock Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

WMG Financial Advisors LLC lessened its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 6.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,700 shares of the real estate investment trust’s stock after selling 2,750 shares during the quarter. WMG Financial Advisors LLC’s holdings in Arbor Realty Trust were worth $536,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new position in Arbor Realty Trust in the 4th quarter valued at $1,144,000. Nisa Investment Advisors LLC boosted its stake in Arbor Realty Trust by 29.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust’s stock worth $1,459,000 after purchasing an additional 23,987 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of 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 worth $4,535,000 after buying an additional 100,055 shares in the last quarter. Pathstone Holdings LLC raised its position in shares of Arbor Realty Trust by 42.0% in the third quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust’s stock valued at $2,057,000 after buying an additional 39,072 shares during the last quarter. Finally, EMC Capital Management lifted its stake in shares of Arbor Realty Trust by 23,453.8% in the fourth quarter. EMC Capital Management now owns 18,843 shares of the real estate investment trust’s stock worth $261,000 after buying an additional 18,763 shares in the last quarter. 57.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ABR. Keefe, Bruyette & Woods dropped their price objective on shares of Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating for the company in a research note on Tuesday, February 25th. Raymond James lowered Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. cut 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. 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. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $13.75.

Arbor Realty Trust Price Performance

Shares of ABR stock opened at $11.99 on Tuesday. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68. The company has a market capitalization of $2.27 billion, a PE ratio of 10.08 and a beta of 2.03. The firm’s 50-day moving average is $13.42 and its two-hundred day moving average is $14.15. Arbor Realty Trust, Inc. has a 12 month low of $11.43 and a 12 month high of $15.94.

Arbor Realty Trust (NYSE:ABR) last released its quarterly earnings results on Friday, February 21st. The real estate investment trust reported $0.39 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 analysts’ expectations of $88.92 million. Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. Analysts predict 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 declared a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be paid a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 14.35%. The ex-dividend date of this dividend is Friday, March 7th. Arbor Realty Trust’s dividend payout ratio (DPR) is presently 144.54%.

Insider Transactions at Arbor Realty Trust

In related news, Director William C. Green bought 5,269 shares of the firm’s stock in a transaction on Thursday, December 5th. The shares were bought at an average price of $14.17 per share, with a total value of $74,661.73. Following the completion of the transaction, 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.70% of the company’s stock.

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.