Wedbush Securities Inc. Has $362,000 Stake in Arbor Realty Trust, Inc. (NYSE:ABR)

Wedbush Securities Inc. lowered its position in shares of Arbor Realty Trust, Inc. (NYSE:ABR) by 11.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,140 shares of the real estate investment trust’s stock after selling 3,541 shares during the quarter. Wedbush Securities Inc.’s holdings in Arbor Realty Trust were worth $362,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. CIBC Asset Management Inc boosted its position in shares of Arbor Realty Trust by 4.3% during the 4th quarter. CIBC Asset Management Inc now owns 18,676 shares of the real estate investment trust’s stock worth $259,000 after purchasing an additional 774 shares in the last quarter. Natixis Advisors LLC lifted its position in shares of Arbor Realty Trust by 5.0% during the 4th quarter. Natixis Advisors LLC now owns 16,728 shares of the real estate investment trust’s stock worth $232,000 after buying an additional 797 shares in the last quarter. Principal Securities Inc. lifted its position in shares of Arbor Realty Trust by 10.0% during the 4th quarter. Principal Securities Inc. now owns 9,062 shares of the real estate investment trust’s stock worth $126,000 after buying an additional 825 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in shares of Arbor Realty Trust by 0.7% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 153,494 shares of the real estate investment trust’s stock worth $2,126,000 after purchasing an additional 1,007 shares during the period. Finally, Xponance Inc. raised its holdings in shares of Arbor Realty Trust by 10.0% in the 4th quarter. Xponance Inc. now owns 13,288 shares of the real estate investment trust’s stock worth $184,000 after purchasing an additional 1,209 shares during the period. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Stock Performance

Shares of NYSE:ABR opened at $11.10 on Thursday. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 9.33 and a beta of 1.66. The company has a 50-day moving average price of $12.40 and a 200-day moving average price of $13.75. The company has a current ratio of 37.49, a quick ratio of 35.68 and a debt-to-equity ratio of 2.41. Arbor Realty Trust, Inc. has a 12 month low of $9.66 and a 12 month high of $15.94.

Arbor Realty Trust (NYSE:ABR) last released its quarterly earnings results 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). The company had revenue of $262.87 million during the quarter, compared to the consensus estimate of $88.92 million. Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. As a group, equities analysts anticipate that Arbor Realty Trust, Inc. will post 1.65 EPS for the current year.

Arbor Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 15.50%. The ex-dividend date was Friday, March 7th. Arbor Realty Trust’s dividend payout ratio (DPR) is presently 144.54%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ABR. JPMorgan Chase & Co. reduced their price objective on shares of 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 lowered shares of Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, February 24th. Finally, Keefe, Bruyette & Woods cut their target price on shares of Arbor Realty Trust from $12.00 to $11.75 and set a “market perform” rating for the company in a research report on Monday. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Arbor Realty Trust presently has an average rating of “Hold” and an average price target of $13.71.

About Arbor Realty Trust

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.