Navellier & Associates Inc bought a new stake in Arbor Realty Trust (NYSE:ABR) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 45,022 shares of the real estate investment trust’s stock, valued at approximately $375,000. Navellier & Associates Inc owned about 0.07% of Arbor Realty Trust as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ABR. ClariVest Asset Management LLC grew its position in Arbor Realty Trust by 1,049.2% in the second quarter. ClariVest Asset Management LLC now owns 493,187 shares of the real estate investment trust’s stock valued at $4,114,000 after acquiring an additional 450,271 shares during the last quarter. Laurion Capital Management LP bought a new position in Arbor Realty Trust in the second quarter valued at about $2,934,000. Marshall Wace North America L.P. bought a new position in Arbor Realty Trust in the second quarter valued at about $2,515,000. Orinda Asset Management LLC grew its position in Arbor Realty Trust by 109.1% in the second quarter. Orinda Asset Management LLC now owns 522,836 shares of the real estate investment trust’s stock valued at $4,360,000 after acquiring an additional 272,836 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in Arbor Realty Trust by 15.2% in the second quarter. Vanguard Group Inc. now owns 2,054,446 shares of the real estate investment trust’s stock valued at $17,134,000 after acquiring an additional 271,595 shares during the last quarter. Hedge funds and other institutional investors own 47.79% of the company’s stock.

In other news, Director William B. Helmreich sold 28,000 shares of the stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $8.03, for a total transaction of $224,840.00. Following the transaction, the director now directly owns 178,735 shares in the company, valued at approximately $1,435,242.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Melvin F. Lazar acquired 6,785 shares of Arbor Realty Trust stock in a transaction dated Wednesday, August 30th. The shares were purchased at an average price of $8.04 per share, for a total transaction of $54,551.40. Following the completion of the transaction, the director now directly owns 169,615 shares in the company, valued at approximately $1,363,704.60. The disclosure for this purchase can be found here. 16.50% of the stock is currently owned by corporate insiders.

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Arbor Realty Trust (NYSE:ABR) traded down 0.59% during mid-day trading on Thursday, hitting $8.40. The stock had a trading volume of 54,296 shares. The company’s 50 day moving average price is $8.18 and its 200 day moving average price is $8.29. Arbor Realty Trust has a 52 week low of $6.92 and a 52 week high of $8.99. The firm has a market cap of $515.33 million, a PE ratio of 7.69 and a beta of 0.66.

Arbor Realty Trust (NYSE:ABR) last announced its quarterly earnings data on Friday, August 4th. The real estate investment trust reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. The firm 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%. Analysts anticipate that Arbor Realty Trust will post $0.88 earnings per share for the current year.

ABR has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded Arbor Realty Trust from a “hold” rating to a “buy” rating and set a $9.25 target price on the stock in a research report on Tuesday, July 18th. BidaskClub cut Arbor Realty Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, July 11th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $8.75 target price on shares of Arbor Realty Trust in a research report on Thursday, July 6th.

Arbor Realty Trust Company Profile

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.

Institutional Ownership by Quarter for Arbor Realty Trust (NYSE:ABR)

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