Arbor Realty Trust (NYSE:ABR) Raised to Hold at Zacks Research

Arbor Realty Trust (NYSE:ABR) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Other analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Citizens Jmp cut their price objective on Arbor Realty Trust from $12.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday, April 2nd. Weiss Ratings cut Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 24th. Finally, Keefe, Bruyette & Woods increased their target price on Arbor Realty Trust from $7.50 to $8.00 and gave the company an “underperform” rating in a research note on Wednesday, March 4th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $9.00.

Arbor Realty Trust Price Performance

ABR opened at $8.01 on Monday. The company has a quick ratio of 394.59, a current ratio of 394.59 and a debt-to-equity ratio of 2.41. Arbor Realty Trust has a 52-week low of $7.11 and a 52-week high of $12.57. The company has a 50 day moving average of $7.81 and a two-hundred day moving average of $8.39. The company has a market cap of $1.54 billion, a P/E ratio of 14.55 and a beta of 1.24.

Hedge Funds Weigh In On Arbor Realty Trust

A number of institutional investors have recently made changes to their positions in ABR. Smartleaf Asset Management LLC grew its position in shares of Arbor Realty Trust by 73.5% during the second quarter. Smartleaf Asset Management LLC now owns 2,774 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 1,175 shares in the last quarter. Rothschild Investment LLC raised its holdings in Arbor Realty Trust by 1,264.6% in the third quarter. Rothschild Investment LLC now owns 3,275 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 3,035 shares in the last quarter. Atlantic Union Bankshares Corp raised its holdings in Arbor Realty Trust by 52.2% in the third quarter. Atlantic Union Bankshares Corp now owns 3,805 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 1,305 shares in the last quarter. Quantbot Technologies LP bought a new position in Arbor Realty Trust during the 2nd quarter valued at $46,000. Finally, Larson Financial Group LLC boosted its stake in Arbor Realty Trust by 98.9% during the 3rd quarter. Larson Financial Group LLC now owns 4,411 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 2,193 shares during the last quarter. 57.25% of the stock is owned by institutional investors and hedge funds.

Arbor Realty Trust Company Profile

Arbor Realty Trust, Inc (NYSE: ABR) is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders.

Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments.