Arbor Realty Trust (NYSE:ABR) shares saw unusually-strong trading volume on Friday . Approximately 128,254 shares traded hands during trading, an increase of 54% from the previous session’s volume of 83,438 shares.The stock last traded at $7.28 and had previously closed at $7.27.

Separately, Zacks Investment Research downgraded shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a report on Wednesday, June 1st.

The firm has a 50-day moving average of $7.16 and a 200 day moving average of $6.81. The firm has a market cap of $375.08 million and a P/E ratio of 11.77.

Arbor Realty Trust (NYSE:ABR) last released its earnings results on Friday, August 5th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.16. Analysts expect that Arbor Realty Trust will post $0.44 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 31st. Stockholders of record on Wednesday, August 17th will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 8.77%. The ex-dividend date is Monday, August 15th. This is a positive change from Arbor Realty Trust’s previous quarterly dividend of $0.15.

A hedge fund recently raised its stake in Arbor Realty Trust stock. Russell Frank Co increased its stake in shares of Arbor Realty Trust (NYSE:ABR) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 148,786 shares of the company’s stock after buying an additional 2,724 shares during the period. Russell Frank Co owned 0.29% of Arbor Realty Trust worth $1,071,000 at the end of the most recent quarter.

Arbor Realty Trust, Inc is a specialized real estate finance company that invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. The Company operates in the portfolio segment of commercial mortgage loans and investments. The Company invests primarily in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity.

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