Zacks Investment Research cut shares of Arbor Realty Trust (NYSE:ABR) from a hold rating to a sell rating in a research report sent to investors on Wednesday.

According to Zacks, “Arbor Realty Trust is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. “

A number of other research analysts have also weighed in on ABR. Keefe, Bruyette & Woods reissued a hold rating and set a $8.75 target price on shares of Arbor Realty Trust in a report on Thursday, July 6th. BidaskClub lowered Arbor Realty Trust from a buy rating to a hold rating in a report on Tuesday, July 11th.

Shares of Arbor Realty Trust (NYSE ABR) traded down 0.1157% on Wednesday, reaching $8.0307. The company had a trading volume of 26,034 shares. The company’s 50-day moving average price is $8.14 and its 200-day moving average price is $8.22. Arbor Realty Trust has a 52-week low of $6.92 and a 52-week high of $8.99. The firm has a market capitalization of $492.68 million, a price-to-earnings ratio of 7.3541 and a beta of 0.67.

Arbor Realty Trust (NYSE:ABR) last posted its earnings results on Friday, August 4th. The real estate investment trust reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $34.47 million for the quarter. Arbor Realty Trust had a return on equity of 10.47% and a net margin of 54.47%. On average, analysts predict that Arbor Realty Trust will post $0.88 earnings per share for the current year.

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The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 31st. Shareholders of record on Wednesday, August 16th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 8.96%. The ex-dividend date was Monday, August 14th. Arbor Realty Trust’s dividend payout ratio is 64.29%.

In other Arbor Realty Trust news, Director William B. Helmreich sold 28,000 shares of the company’s stock in a transaction on Monday, August 28th. The stock was sold at an average price of $8.03, for a total value of $224,840.00. Following the transaction, the director now directly owns 178,735 shares of the company’s stock, valued at approximately $1,435,242.05. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Melvin F. Lazar acquired 6,785 shares of the firm’s stock in a transaction on Wednesday, August 30th. The stock was purchased at an average cost of $8.04 per share, for a total transaction of $54,551.40. Following the completion of the acquisition, the director now owns 169,615 shares in the company, valued at $1,363,704.60. The disclosure for this purchase can be found here. Corporate insiders own 16.50% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Wells Fargo & Company MN grew its holdings in Arbor Realty Trust by 0.5% in the 1st quarter. Wells Fargo & Company MN now owns 37,547 shares of the real estate investment trust’s stock valued at $315,000 after buying an additional 171 shares in the last quarter. Sii Investments Inc. WI grew its holdings in Arbor Realty Trust by 0.4% in the 1st quarter. Sii Investments Inc. WI now owns 80,956 shares of the real estate investment trust’s stock valued at $679,000 after buying an additional 356 shares in the last quarter. Omega Advisors Inc. grew its holdings in Arbor Realty Trust by 0.6% in the 1st quarter. Omega Advisors Inc. now owns 70,440 shares of the real estate investment trust’s stock valued at $590,000 after buying an additional 440 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Arbor Realty Trust by 7.9% in the 1st quarter. Ameriprise Financial Inc. now owns 20,700 shares of the real estate investment trust’s stock valued at $174,000 after buying an additional 1,515 shares in the last quarter. Finally, Baird Financial Group Inc. grew its holdings in Arbor Realty Trust by 1.4% in the 1st quarter. Baird Financial Group Inc. now owns 190,269 shares of the real estate investment trust’s stock valued at $1,594,000 after buying an additional 2,677 shares in the last quarter. 47.79% of the stock is currently owned by hedge funds and other institutional investors.

About Arbor Realty Trust

Arbor Realty Trust, Inc is a real estate investment trust. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity.

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