Swiss National Bank Has $2.20 Million Holdings in ARBOR RLTY TR I/SH (NYSE:ABR)

Swiss National Bank grew its holdings in ARBOR RLTY TR I/SH (NYSE:ABR) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 153,551 shares of the real estate investment trust’s stock after purchasing an additional 1,800 shares during the period. Swiss National Bank owned about 0.14% of ARBOR RLTY TR I/SH worth $2,203,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ABR. First Trust Advisors LP raised its stake in shares of ARBOR RLTY TR I/SH by 1.6% in the first quarter. First Trust Advisors LP now owns 129,635 shares of the real estate investment trust’s stock valued at $1,681,000 after purchasing an additional 2,057 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of ARBOR RLTY TR I/SH by 28.9% during the third quarter. Envestnet Asset Management Inc. now owns 36,306 shares of the real estate investment trust’s stock worth $476,000 after purchasing an additional 8,147 shares during the period. Janney Montgomery Scott LLC raised its position in shares of ARBOR RLTY TR I/SH by 31.9% during the third quarter. Janney Montgomery Scott LLC now owns 25,151 shares of the real estate investment trust’s stock worth $330,000 after purchasing an additional 6,079 shares during the period. California Public Employees Retirement System raised its position in shares of ARBOR RLTY TR I/SH by 20.0% during the third quarter. California Public Employees Retirement System now owns 220,871 shares of the real estate investment trust’s stock worth $2,896,000 after purchasing an additional 36,856 shares during the period. Finally, Catalyst Capital Advisors LLC raised its position in shares of ARBOR RLTY TR I/SH by 256.2% during the third quarter. Catalyst Capital Advisors LLC now owns 7,480 shares of the real estate investment trust’s stock worth $99,000 after purchasing an additional 5,380 shares during the period. Institutional investors own 76.27% of the company’s stock.

Shares of NYSE:ABR traded up $0.15 during trading on Wednesday, hitting $12.79. 55,522 shares of the company were exchanged, compared to its average volume of 1,554,173. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 10.14 and a beta of 0.77. ARBOR RLTY TR I/SH has a fifty-two week low of $11.50 and a fifty-two week high of $15.77. The firm has a fifty day moving average price of $14.51 and a two-hundred day moving average price of $13.94. The company has a current ratio of 15.80, a quick ratio of 15.80 and a debt-to-equity ratio of 2.10.

ARBOR RLTY TR I/SH (NYSE:ABR) last issued its earnings results on Friday, February 14th. The real estate investment trust reported $0.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.05. The company had revenue of $81.98 million during the quarter, compared to the consensus estimate of $80.20 million. ARBOR RLTY TR I/SH had a return on equity of 12.03% and a net margin of 42.44%. During the same period in the previous year, the company posted $0.29 EPS. As a group, research analysts predict that ARBOR RLTY TR I/SH will post 1.2 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Friday, February 28th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, February 27th. This represents a $1.20 annualized dividend and a yield of 9.38%. ARBOR RLTY TR I/SH’s dividend payout ratio is presently 88.24%.

In related news, Director Melvin F. Lazar acquired 5,000 shares of the company’s stock in a transaction on Tuesday, February 25th. The stock was purchased at an average cost of $13.70 per share, with a total value of $68,500.00. 10.50% of the stock is owned by insiders.

A number of equities research analysts have recently commented on ABR shares. ValuEngine raised ARBOR RLTY TR I/SH from a “sell” rating to a “hold” rating in a research report on Friday, February 28th. JPMorgan Chase & Co. raised ARBOR RLTY TR I/SH from an “underweight” rating to a “neutral” rating and lifted their target price for the company from $13.00 to $14.50 in a research report on Wednesday, January 29th. Finally, Zacks Investment Research raised ARBOR RLTY TR I/SH from a “sell” rating to a “hold” rating in a research report on Thursday, February 20th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $14.30.

About ARBOR RLTY TR I/SH

Arbor Realty Trust, Inc invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. The company operates in two segments, Structured Business and Agency Business. It primarily invests in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related notes and various mortgage-related securities.

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Institutional Ownership by Quarter for ARBOR RLTY TR I/SH (NYSE:ABR)

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