Sei Investments Co. Sells 139,553 Shares of Arbor Realty Trust $ABR

Sei Investments Co. lowered its holdings in Arbor Realty Trust (NYSE:ABR) by 92.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,710 shares of the real estate investment trust’s stock after selling 139,553 shares during the quarter. Sei Investments Co.’s holdings in Arbor Realty Trust were worth $90,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. UBS Group AG grew its stake in shares of Arbor Realty Trust by 111.4% in the fourth quarter. UBS Group AG now owns 1,045,564 shares of the real estate investment trust’s stock worth $8,114,000 after acquiring an additional 550,875 shares during the period. GraniteShares Advisors LLC bought a new position in Arbor Realty Trust during the fourth quarter valued at approximately $2,699,000. First Trust Advisors LP boosted its holdings in Arbor Realty Trust by 124.9% in the first quarter. First Trust Advisors LP now owns 550,735 shares of the real estate investment trust’s stock worth $4,246,000 after purchasing an additional 305,844 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in Arbor Realty Trust by 211.3% in the fourth quarter. Sunbelt Securities Inc. now owns 183,764 shares of the real estate investment trust’s stock worth $1,426,000 after purchasing an additional 124,728 shares during the last quarter. Finally, Allworth Financial LP grew its position in Arbor Realty Trust by 506.0% in the 4th quarter. Allworth Financial LP now owns 15,593 shares of the real estate investment trust’s stock worth $121,000 after purchasing an additional 13,020 shares during the period. 57.25% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ABR has been the subject of a number of research reports. JPMorgan Chase & Co. upgraded shares of Arbor Realty Trust from an “underweight” rating to a “neutral” rating and decreased their target price for the company from $7.00 to $5.50 in a research note on Friday, July 17th. Citizens Jmp dropped their price target on Arbor Realty Trust from $9.50 to $8.50 and set a “market outperform” rating on the stock in a research note on Thursday, May 14th. Keefe, Bruyette & Woods cut their price objective on Arbor Realty Trust from $5.50 to $5.00 and set an “underperform” rating for the company in a report on Monday, August 3rd. Zacks Research cut Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 16th. Finally, Piper Sandler lowered their target price on Arbor Realty Trust from $5.50 to $5.00 and set an “underweight” rating on the stock in a report on Monday, August 3rd. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $6.00.

Arbor Realty Trust Trading Down 1.7%

Shares of ABR stock opened at $4.92 on Wednesday. The company has a debt-to-equity ratio of 2.33, a current ratio of 478.85 and a quick ratio of 478.85. The company has a market cap of $916.94 million, a price-to-earnings ratio of 70.21 and a beta of 1.15. Arbor Realty Trust has a 1 year low of $4.73 and a 1 year high of $12.57. The firm has a fifty day moving average price of $5.13 and a 200-day moving average price of $6.51.

Arbor Realty Trust (NYSE:ABR) last announced its earnings results on Friday, July 31st. The real estate investment trust reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.05. The company had revenue of $117.83 million for the quarter, compared to analysts’ expectations of $107.75 million. Arbor Realty Trust had a return on equity of 7.38% and a net margin of 6.24%. As a group, equities analysts predict that Arbor Realty Trust will post 0.29 earnings per share for the current year.

Arbor Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 13.8%. The ex-dividend date of this dividend is Friday, August 14th. Arbor Realty Trust’s payout ratio is presently 971.43%.

Arbor Realty Trust 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.