WealthBridge Capital Management LLC Reduces Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

WealthBridge Capital Management LLC reduced its holdings in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 6.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,550 shares of the real estate investment trust’s stock after selling 1,000 shares during the period. WealthBridge Capital Management LLC’s holdings in Arbor Realty Trust were worth $188,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. State Street Corp lifted its position in shares of Arbor Realty Trust by 0.5% during the 3rd quarter. State Street Corp now owns 7,207,950 shares of the real estate investment trust’s stock valued at $112,156,000 after buying an additional 32,788 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of 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 during the period. Wasatch Advisors LP increased its stake in shares of Arbor Realty Trust by 29.4% in the third quarter. Wasatch Advisors LP now owns 3,511,381 shares of the real estate investment trust’s stock worth $54,637,000 after purchasing an additional 797,453 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Arbor Realty Trust by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,403,796 shares of the real estate investment trust’s stock valued at $37,403,000 after purchasing an additional 97,454 shares during the period. Finally, Van ECK Associates Corp lifted its stake in shares of Arbor Realty Trust by 9.4% during the 4th quarter. Van ECK Associates Corp now owns 1,111,967 shares of the real estate investment trust’s stock valued at $15,401,000 after buying an additional 95,107 shares in the last quarter. 57.25% of the stock is currently owned by institutional investors.

Insider Transactions at Arbor Realty Trust

In other Arbor Realty Trust news, Director William C. Green bought 5,269 shares of the business’s stock in a transaction that occurred on 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 acquisition, the director now owns 178,797 shares in the company, valued at $2,533,553.49. This trade represents a 3.04 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.70% of the company’s stock.

Arbor Realty Trust Stock Down 0.1 %

Shares of ABR stock opened at $13.81 on Friday. The company’s fifty day simple moving average is $13.69 and its two-hundred day simple moving average is $14.21. Arbor Realty Trust, Inc. has a 52 week low of $11.95 and a 52 week high of $15.94. The stock has a market cap of $2.60 billion, a P/E ratio of 10.23 and a beta of 2.03. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on ABR shares. Keefe, Bruyette & Woods cut their price target on Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a research note on Tuesday, January 14th. JPMorgan Chase & Co. dropped their price objective on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research note on Tuesday, January 21st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $14.00.

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.