Atria Wealth Solutions Inc. Purchases 51,883 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

Atria Wealth Solutions Inc. raised its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 27.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 239,704 shares of the real estate investment trust’s stock after purchasing an additional 51,883 shares during the period. Atria Wealth Solutions Inc. owned 0.13% of Arbor Realty Trust worth $3,320,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Harbor Capital Advisors Inc. purchased a new position in shares of Arbor Realty Trust during the third quarter worth approximately $38,000. Glenmede Trust Co. NA boosted its stake in shares of Arbor Realty Trust by 33.1% during the 3rd 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. KBC Group NV lifted its stake in shares of Arbor Realty Trust by 39.1% in the 3rd quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust’s stock valued at $100,000 after purchasing an additional 1,796 shares during the period. Prospera Private Wealth LLC purchased a new stake in Arbor Realty Trust in the third quarter worth about $102,000. Finally, ORG Partners LLC bought a new stake in Arbor Realty Trust in the fourth quarter worth $104,000. 57.25% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Arbor Realty Trust

In other Arbor Realty Trust news, Director William C. Green purchased 5,269 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were acquired at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the completion of the purchase, the director now 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 filing with the SEC, which can be accessed through the SEC website. 3.70% of the stock is owned by insiders.

Arbor Realty Trust Stock Down 0.1 %

Arbor Realty Trust stock opened at $13.81 on Friday. Arbor Realty Trust, Inc. has a twelve month low of $11.95 and a twelve month high of $15.94. The business has a fifty day moving average of $13.69 and a two-hundred day moving average of $14.21. The firm 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.

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.