QRG Capital Management Inc. Has $3.09 Million Stake in Arbor Realty Trust, Inc. (NYSE:ABR)

QRG Capital Management Inc. lifted its stake in Arbor Realty Trust, Inc. (NYSE:ABR) by 8.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 223,168 shares of the real estate investment trust’s stock after buying an additional 17,999 shares during the period. QRG Capital Management Inc. owned about 0.12% of Arbor Realty Trust worth $3,091,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Harbor Capital Advisors Inc. acquired a new position in Arbor Realty Trust in the 3rd quarter valued at approximately $38,000. Glenmede Trust Co. NA raised its stake in shares of Arbor Realty Trust by 33.1% in the third quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 701 shares in the last quarter. IFP Advisors Inc lifted its position in Arbor Realty Trust by 82.3% in the fourth quarter. IFP Advisors Inc now owns 4,431 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 2,000 shares during the period. KBC Group NV boosted its stake in Arbor Realty Trust by 39.1% during the third quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust’s stock worth $100,000 after buying an additional 1,796 shares in the last quarter. Finally, Prospera Private Wealth LLC acquired a new stake in Arbor Realty Trust during the third quarter worth $102,000. 57.25% of the stock is owned by institutional investors and hedge funds.

Arbor Realty Trust Trading Up 2.2 %

Shares of Arbor Realty Trust stock opened at $12.38 on Friday. Arbor Realty Trust, Inc. has a 12-month low of $11.43 and a 12-month high of $15.94. The stock has a market capitalization of $2.35 billion, a P/E ratio of 10.40 and a beta of 2.03. The company has a 50-day simple moving average of $13.46 and a 200 day simple moving average of $14.15. 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 (NYSE:ABR) last posted its quarterly earnings data 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). The firm had revenue of $262.87 million for the quarter, compared to analyst estimates of $88.92 million. Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. Research analysts expect that Arbor Realty Trust, Inc. will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be given a $0.43 dividend. The ex-dividend date is Friday, March 7th. This represents a $1.72 annualized dividend and a yield of 13.90%. Arbor Realty Trust’s payout ratio is 144.54%.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other Arbor Realty Trust news, Director William C. Green purchased 5,269 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was acquired at an average cost of $14.17 per share, with a total value of $74,661.73. Following the completion of the acquisition, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.70% of the company’s stock.

About Arbor Realty Trust

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.