QRG Capital Management Inc. Has $1.44 Million Stock Holdings in Arbor Realty Trust $ABR

QRG Capital Management Inc. trimmed its position in Arbor Realty Trust (NYSE:ABR) by 38.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 117,840 shares of the real estate investment trust’s stock after selling 73,653 shares during the quarter. QRG Capital Management Inc. owned about 0.06% of Arbor Realty Trust worth $1,439,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of ABR. Atlantic Union Bankshares Corp bought a new position in Arbor Realty Trust in the 2nd quarter worth $27,000. HM Payson & Co. bought a new position in shares of Arbor Realty Trust in the third quarter worth about $31,000. Allworth Financial LP lifted its position in shares of Arbor Realty Trust by 77.8% during the 2nd quarter. Allworth Financial LP now owns 2,583 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,130 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Arbor Realty Trust by 73.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,774 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,175 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in Arbor Realty Trust during the 2nd quarter valued at approximately $32,000. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Ivan Kaufman acquired 29,000 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were bought at an average cost of $8.34 per share, with a total value of $241,860.00. Following the completion of the acquisition, the chief executive officer owned 54,000 shares of the company’s stock, valued at $450,360. This trade represents a 116.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have commented on the company. JPMorgan Chase & Co. dropped their price target on Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Thursday, December 4th. Zacks Research downgraded shares of Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Monday, January 12th. Keefe, Bruyette & Woods cut their target price on shares of Arbor Realty Trust from $8.50 to $7.50 and set an “underperform” rating for the company in a research note on Thursday, January 8th. Weiss Ratings raised shares of Arbor Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 12th. Finally, Wall Street Zen lowered shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a research report on Sunday, October 26th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $9.38.

Arbor Realty Trust Stock Down 3.0%

Shares of ABR stock opened at $8.03 on Wednesday. Arbor Realty Trust has a one year low of $7.58 and a one year high of $14.33. The company has a debt-to-equity ratio of 2.51, a current ratio of 287.79 and a quick ratio of 287.79. The stock has a fifty day moving average price of $8.37 and a 200 day moving average price of $10.42. The stock has a market cap of $1.57 billion, a P/E ratio of 10.03 and a beta of 1.39.

Arbor Realty Trust (NYSE:ABR) last announced its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.07. The firm had revenue of $162.49 million for the quarter, compared to analyst estimates of $72.26 million. Arbor Realty Trust had a net margin of 20.07% and a return on equity of 11.63%. Analysts predict that Arbor Realty Trust will post 1.65 earnings per share for the current year.

Arbor Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 14th were paid a dividend of $0.30 per share. The ex-dividend date was Friday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 15.0%. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 150.00%.

About Arbor Realty Trust

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.