Arbor Realty Trust (NYSE:ABR) Sees Large Volume Increase – What’s Next?

Shares of Arbor Realty Trust, Inc. (NYSE:ABR) saw unusually-strong trading volume on Monday . Approximately 3,706,138 shares traded hands during trading, an increase of 24% from the previous session’s volume of 2,983,141 shares.The stock last traded at $12.01 and had previously closed at $12.00.

Analysts Set New Price Targets

Several research firms recently commented on ABR. JPMorgan Chase & Co. decreased their target price 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. Raymond James downgraded shares of Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday. Finally, Keefe, Bruyette & Woods reduced their price target 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, three have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $14.00.

Arbor Realty Trust Trading Up 1.5 %

The firm has a market cap of $2.30 billion, a price-to-earnings ratio of 9.03 and a beta of 2.03. The firm’s 50-day moving average is $13.65 and its 200-day moving average is $14.21. The company has a current ratio of 35.68, a quick ratio of 35.68 and a debt-to-equity ratio of 2.67.

Arbor Realty Trust (NYSE:ABR) last issued its quarterly earnings data on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). Arbor Realty Trust had a net margin of 23.99% and a return on equity of 14.94%. The business had revenue of $262.87 million for the quarter, compared to analyst estimates of $88.92 million. As a group, sell-side analysts anticipate that Arbor Realty Trust, Inc. will post 1.68 EPS for the current fiscal year.

Insider Activity

In other news, Director William C. Green purchased 5,269 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were bought at an average cost of $14.17 per share, with a total value of $74,661.73. Following the completion of the transaction, the director now directly owns 178,797 shares of the company’s stock, valued at approximately $2,533,553.49. This trade represents a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.70% of the company’s stock.

Hedge Funds Weigh In On Arbor Realty Trust

Hedge funds and other institutional investors have recently modified their holdings of the business. Janney Montgomery Scott LLC bought a new stake in Arbor Realty Trust during the fourth quarter worth $1,144,000. Nisa Investment Advisors LLC raised its stake in shares of Arbor Realty Trust by 29.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust’s stock worth $1,459,000 after purchasing an additional 23,987 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Arbor Realty Trust by 52.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,456 shares of the real estate investment trust’s stock worth $4,535,000 after buying an additional 100,055 shares during the last quarter. Pathstone Holdings LLC grew its position in Arbor Realty Trust by 42.0% during the third quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust’s stock valued at $2,057,000 after buying an additional 39,072 shares during the period. Finally, EMC Capital Management increased its holdings in Arbor Realty Trust by 23,453.8% during the fourth quarter. EMC Capital Management now owns 18,843 shares of the real estate investment trust’s stock worth $261,000 after buying an additional 18,763 shares during the last quarter. Hedge funds and other institutional investors own 57.25% of the company’s stock.

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.