Arbor Realty Trust (NYSE:ABR) Director George Tsunis bought 7,000 shares of the firm’s stock in a transaction that occurred on Friday, November 11th. The stock was bought at an average price of C$7.24 per share, for a total transaction of C$50,680.00. Following the completion of the acquisition, the director now directly owns 6,960 shares in the company, valued at C$50,390.40. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Shares of Arbor Realty Trust (NYSE:ABR) opened at 7.44 on Thursday. The firm’s 50 day moving average is $7.36 and its 200-day moving average is $7.23. The company has a market cap of $382.27 million, a PE ratio of 12.00 and a beta of 0.71. Arbor Realty Trust has a 1-year low of $6.01 and a 1-year high of $7.99.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 30th. Investors of record on Monday, November 21st will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 8.42%. The ex-dividend date of this dividend is Thursday, November 17th. Arbor Realty Trust’s payout ratio is 120.75%.

ABR has been the topic of a number of research analyst reports. Zacks Investment Research cut shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, July 26th. JMP Securities lifted their price target on shares of Arbor Realty Trust from $7.50 to $8.00 and gave the stock a “market outperform” rating in a research note on Tuesday, August 23rd. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Arbor Realty Trust from $7.00 to $8.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 16th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of C$8.25.

Large investors have recently bought and sold shares of the company. Mackenzie Financial Corp boosted its stake in Arbor Realty Trust by 115.7% in the third quarter. Mackenzie Financial Corp now owns 29,914 shares of the company’s stock valued at $222,000 after buying an additional 16,047 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its stake in Arbor Realty Trust by 3.3% in the third quarter. D. E. Shaw & Co. Inc. now owns 227,292 shares of the company’s stock valued at $1,686,000 after buying an additional 7,230 shares during the last quarter. Two Sigma Advisers LP boosted its stake in Arbor Realty Trust by 12.0% in the third quarter. Two Sigma Advisers LP now owns 117,788 shares of the company’s stock valued at $874,000 after buying an additional 12,593 shares during the last quarter. Morgan Stanley boosted its stake in Arbor Realty Trust by 13.3% in the third quarter. Morgan Stanley now owns 755,981 shares of the company’s stock valued at $5,608,000 after buying an additional 88,636 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in Arbor Realty Trust by 8.9% in the third quarter. Northern Trust Corp now owns 125,037 shares of the company’s stock valued at $928,000 after buying an additional 10,248 shares during the last quarter. Hedge funds and other institutional investors own 41.50% of the company’s stock.

Arbor Realty Trust Company Profile

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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