Pathstone Holdings LLC Increases Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Pathstone Holdings LLC grew its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 42.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 132,210 shares of the real estate investment trust’s stock after buying an additional 39,072 shares during the quarter. Pathstone Holdings LLC’s holdings in Arbor Realty Trust were worth $2,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of ABR. CANADA LIFE ASSURANCE Co grew its stake in shares of Arbor Realty Trust by 5.5% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 162,273 shares of the real estate investment trust’s stock valued at $2,150,000 after purchasing an additional 8,472 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Arbor Realty Trust by 7.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 95,129 shares of the real estate investment trust’s stock valued at $1,261,000 after buying an additional 6,697 shares during the last quarter. Janus Henderson Group PLC raised its position in Arbor Realty Trust by 65.6% in the first quarter. Janus Henderson Group PLC now owns 143,656 shares of the real estate investment trust’s stock worth $1,904,000 after acquiring an additional 56,897 shares during the period. EMC Capital Management grew its position in shares of Arbor Realty Trust by 26.1% during the 1st quarter. EMC Capital Management now owns 18,843 shares of the real estate investment trust’s stock valued at $250,000 after acquiring an additional 3,900 shares during the period. Finally, Virtu Financial LLC bought a new position in Arbor Realty Trust in the 1st quarter worth $367,000. 57.25% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on ABR shares. 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 research report on Thursday, September 19th. JMP Securities increased their target price on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the stock a “market outperform” rating in a report on Friday, September 27th. JPMorgan Chase & Co. lifted their price target on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the company an “underweight” rating in a report on Thursday, October 17th. Finally, Piper Sandler increased their price objective on shares of Arbor Realty Trust from $12.00 to $12.50 and gave the stock an “underweight” rating in a research note on Monday, August 5th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, Arbor Realty Trust has an average rating of “Hold” and a consensus price target of $14.25.

Arbor Realty Trust Price Performance

Shares of NYSE:ABR opened at $14.84 on Wednesday. The firm has a market cap of $2.80 billion, a price-to-earnings ratio of 10.99 and a beta of 2.06. The firm has a fifty day moving average price of $15.10 and a 200 day moving average price of $14.21. Arbor Realty Trust, Inc. has a fifty-two week low of $11.77 and a fifty-two week high of $16.35. The company has a debt-to-equity ratio of 2.67, a quick ratio of 35.68 and a current ratio of 35.68.

Arbor Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th will be given a dividend of $0.43 per share. The ex-dividend date is Friday, November 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 11.59%. Arbor Realty Trust’s payout ratio is 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.