Waratah Capital Advisors Ltd. bought a new stake in shares of ARBOR Rlty Tr I/SH (NYSE:ABR) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 96,720 shares of the real estate investment trust’s stock, valued at approximately $1,110,000. Waratah Capital Advisors Ltd. owned about 0.13% of ARBOR Rlty Tr I/SH as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. lifted its stake in ARBOR Rlty Tr I/SH by 16.7% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 142,267 shares of the real estate investment trust’s stock worth $1,255,000 after acquiring an additional 20,355 shares in the last quarter. Stifel Financial Corp purchased a new stake in ARBOR Rlty Tr I/SH in the 1st quarter worth about $880,000. Principal Financial Group Inc. lifted its stake in ARBOR Rlty Tr I/SH by 10.2% in the 1st quarter. Principal Financial Group Inc. now owns 64,356 shares of the real estate investment trust’s stock worth $568,000 after acquiring an additional 5,979 shares in the last quarter. UBS Group AG lifted its stake in ARBOR Rlty Tr I/SH by 23.5% in the 1st quarter. UBS Group AG now owns 99,640 shares of the real estate investment trust’s stock worth $879,000 after acquiring an additional 18,930 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in ARBOR Rlty Tr I/SH in the 1st quarter worth about $145,000. 55.87% of the stock is owned by institutional investors and hedge funds.

Shares of ABR stock opened at $11.75 on Friday. The company has a current ratio of 12.66, a quick ratio of 12.66 and a debt-to-equity ratio of 2.25. ARBOR Rlty Tr I/SH has a fifty-two week low of $7.89 and a fifty-two week high of $12.35. The stock has a market capitalization of $885.84 million, a price-to-earnings ratio of 11.08 and a beta of 0.20.

ARBOR Rlty Tr I/SH (NYSE:ABR) last issued its earnings results on Friday, August 3rd. The real estate investment trust reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01). ARBOR Rlty Tr I/SH had a return on equity of 12.62% and a net margin of 38.56%. The firm had revenue of $21.40 million during the quarter, compared to analyst estimates of $20.97 million. The firm’s quarterly revenue was up 51.8% on a year-over-year basis. Equities research analysts expect that ARBOR Rlty Tr I/SH will post 1.1 earnings per share for the current fiscal year.

Several equities research analysts recently issued reports on ABR shares. Raymond James started coverage on ARBOR Rlty Tr I/SH in a research note on Monday, July 30th. They issued a “market perform” rating for the company. Deutsche Bank downgraded ARBOR Rlty Tr I/SH from a “buy” rating to a “hold” rating and set a $9.50 price objective for the company. in a research note on Tuesday, July 24th. JMP Securities increased their price objective on ARBOR Rlty Tr I/SH from $10.50 to $12.00 and gave the stock a “$11.27” rating in a research note on Monday, July 23rd. BTIG Research started coverage on ARBOR Rlty Tr I/SH in a research note on Monday, October 8th. They issued a “buy” rating and a $13.00 price objective for the company. Finally, Zacks Investment Research downgraded ARBOR Rlty Tr I/SH from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $11.41.

About ARBOR Rlty Tr I/SH

Arbor Realty Trust, Inc invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It operates in two segments, Structured Business and Agency Business. The company primarily invests in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related notes and various mortgage-related securities.

Recommended Story: What does the Dow Jones Industrial Average (DJIA) measure?

Institutional Ownership by Quarter for ARBOR Rlty Tr I/SH (NYSE:ABR)

Receive News & Ratings for ARBOR Rlty Tr I/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARBOR Rlty Tr I/SH and related companies with MarketBeat.com's FREE daily email newsletter.