UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 100,055 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 52.3% during the third quarter, Holdings Channel reports. The institutional investor owned 291,456 shares of the real estate investment trust’s stock after purchasing an additional 100,055 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Arbor Realty Trust were worth $4,535,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Certuity LLC acquired a new position in shares of Arbor Realty Trust during the second quarter worth approximately $4,305,000. TrueMark Investments LLC bought a new position in shares of Arbor Realty Trust in the second quarter valued at $2,893,000. Prevail Innovative Wealth Advisors LLC acquired a new position in shares of Arbor Realty Trust during the second quarter valued at about $1,425,000. Charles Schwab Investment Management Inc. increased its position in shares of Arbor Realty Trust by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,403,796 shares of the real estate investment trust’s stock worth $37,403,000 after acquiring an additional 97,454 shares in the last quarter. Finally, Van ECK Associates Corp raised its holdings in shares of Arbor Realty Trust by 10.2% in the 2nd quarter. Van ECK Associates Corp now owns 990,484 shares of the real estate investment trust’s stock worth $14,213,000 after acquiring an additional 91,970 shares during the last quarter. Institutional investors own 57.25% of the company’s stock.

Insiders Place Their Bets

In related news, Director William C. Green bought 5,269 shares of Arbor Realty Trust stock in a transaction dated 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 transaction, the director now directly owns 178,797 shares of the company’s stock, valued at approximately $2,533,553.49. The trade was a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ABR shares. JPMorgan Chase & Co. lifted their price target on Arbor Realty Trust from $12.00 to $13.50 and gave the company an “underweight” rating in a research note on Thursday, October 17th. JMP Securities raised their target price on Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a report on Friday, September 27th. Finally, Raymond James upped their price target on Arbor Realty Trust from $15.00 to $16.00 and gave the stock an “outperform” rating in a report on Thursday, September 19th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $14.25.

Arbor Realty Trust Price Performance

Arbor Realty Trust stock opened at $14.30 on Thursday. Arbor Realty Trust, Inc. has a 52 week low of $11.92 and a 52 week high of $16.35. The company’s 50 day moving average price is $14.91 and its two-hundred day moving average price is $14.26. The stock has a market cap of $2.70 billion, a P/E ratio of 10.59 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.

Arbor Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.72 dividend on an annualized basis and a yield of 12.03%. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 127.41%.

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.