Chartwell Investment Partners LLC owns $1.25M worth of shares in Arbor Realty Trust, Inc. (NYSE:ABR)


Chartwell Investment Partners LLC increased its holdings in Arbor Realty Trust, Inc. (NYSE: ABR – Get Rating ) by 2.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 73,148 shares of the real estate investment trust’s stock after purchasing an additional 1,808 shares during the quarter. Chartwell Investment Partners LLC’s holdings in Arbor Realty Trust were worth $1,248,000 as of its most recent SEC filing.

Several other hedge funds have also modified their stakes in the business. Catalyst Capital Advisors LLC boosted its holdings in shares of Arbor Realty Trust by 21.3% during the 4th quarter. Catalyst Capital Advisors LLC now owns 3,810 shares of the real estate investment trust’s stock valued at $70,000 after buying an additional 670 shares during the last quarter. CWM LLC boosted its holdings in shares of Arbor Realty Trust by 30.5% in the first quarter. CWM LLC now owns 2,935 shares of the real estate investment trust’s stock valued at $50,000 after buying an additional 686 shares during the last quarter. Strs Ohio boosted its holdings in shares of Arbor Realty Trust by 2.1% in the first quarter. Strs Ohio now owns 34,200 shares of the real estate investment trust’s stock valued at $583,000 after buying an additional 700 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of Arbor Realty Trust by 3.4% during the 4th quarter. HighTower Advisors LLC now owns 25,449 shares of the real estate investment trust’s stock valued at $463,000 after buying an additional 830 shares in the last quarter. Finally, Concorde Asset Management LLC boosted its holdings in shares of Arbor Realty Trust by 1.3% in the 4th quarter. Concorde Asset Management LLC now owns 69,402 shares of the real estate investment trust’s stock valued at $1,271,000 after buying an additional 917 shares during the last quarter. 37.93% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director Melvin F. Lazar bought 2,500 shares of the stock in a transaction that occurred on Thursday, May 12th. The shares were acquired at an average price of $16.39 per share, for a total value of $40,975.00. Following the transaction, the director now directly owns 227,500 shares in the company, valued at $3,728,725. The transaction was disclosed in a filing with the Securities and Exchange Commission, which can be accessed via this link. 3.80% of shares are owned by company insiders.

NYSE ABR opened at $13.83 on Monday. The company has a quick ratio of 41.41, a current ratio of 41.40 and a debt-to-equity ratio of 3.99. Arbor Realty Trust, Inc. has a twelve month low of $12.18 and a twelve month high of $20.74. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 6.49 and a beta of 1.76. The business’s fifty day moving average is $15.24 and the 200 day moving average is $16.73.

Arbor Realty Trust (NYSE:ABR – Get Rating ) last announced its earnings results on Friday, May 6th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.15. The business had revenue of $84.14 million during the quarter, compared to analyst estimates of $83.84 million. Arbor Realty Trust had a return on equity of 17.90% and a net margin of 62.97%. Arbor Realty Trust’s revenue for the quarter was up 71.9% compared to the same quarter last year. During the same period last year, the company earned $0.50 EPS. On average, research analysts expect Arbor Realty Trust, Inc. to post 1.8 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 31st. Investors of record on Friday, May 20th were given a dividend of $0.38 per share. This is a positive change from Arbor Realty Trust’s previous quarterly dividend of $0.37. This represents a $1.52 annual dividend and a yield of 10.99%. The ex-dividend date was Thursday, May 19th. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 71.36%.

A number of brokerage houses have declared themselves ABR. StockNews.com started coverage on Arbor Realty Trust in a report on Thursday, March 31st. They assign a “hold” rating to the stock. Piper Sandler reduced their price objective on Arbor Realty Trust from $20.00 to $17.00 and set an “overweight” rating on the stock in a report on Tuesday, June 28th.

About Arbor Realty Trust (Get Rating)

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

Featured stories

Want to see what other hedge funds are holding ABR? Visit HoldingsChannel.com to get the latest 13F filings and insider deals for Arbor Realty Trust, Inc. (NYSE: ABR – Get Rating ).

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



Get Arbor Realty Trust news and ratings daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Arbor Realty Trust and related companies with MarketBeat.com ‘s FREE daily email newsletter.

Leave a Comment

Your email address will not be published.