In a surprising move, HB Wealth Management LLC has recently acquired shares of Arbor Realty Trust, Inc. (ABR), according to the company’s latest Form 13F filing with the Securities and Exchange Commission. The renowned wealth management firm revealed that it gained a new position by acquiring 10,111 shares of ABR’s stock in the first quarter, with an approximate value of $116,000.
Arbor Realty Trust, a prominent real estate investment trust, has attracted attention from several equities analysts who have offered their insights on the company. Notably, Wedbush began coverage on ABR in a research report on June 1st, assigning it an “outperform” rating and setting a price objective of $15.00 per share. Similarly, StockNews.com initiated coverage on Arbor Realty Trust on May 18th, providing a “hold” rating for the company.
The perspective on Arbor Realty Trust’s performance diverges among analysts. For instance, Raymond James reduced its price target for ABR from $18.50 to $16.00 while maintaining an “outperform” rating in a report released on May 12th. In contrast, Keefe, Bruyette & Woods lowered their price target from $15.50 to $12.00 and gave it a “market perform” rating in their report on April 13th.
Another notable endorsement change came from JPMorgan Chase & Co., which downgraded Arbor Realty Trust from an “overweight” rating to “neutral.” Additionally, JPMorgan decreased their price target for the company from $15.00 to $11.00 in its April 24th report.
While there are mixed opinions among analysts regarding the future prospects of Arbor Realty Trust Inc., Bloomberg.com reveals that three research firms have given the stock a hold rating and four have assigned buy ratings to it so far. Furthermore, Bloomberg.com indicates that based on its data, the average rating for the stock is labeled as a “Moderate Buy,” with a consensus price target of $14.67.
As for ABR’s market performance, on Thursday the stock opened at $14.39, reflecting a steady position in the market. However, it’s important to note that Arbor Realty Trust has experienced fluctuations in its value over the past year, with a 52-week low of $10.10 and a 52-week high of $16.77.
With regards to financials, Arbor Realty Trust currently boasts a market capitalization of $2.61 billion. The company has been able to maintain stability in its price-to-earnings (P/E) ratio at 8.36, which indicates relatively strong investor confidence despite recent fluctuations in the market.
Moreover, Arbor Realty Trust demonstrates a beta of 1.93, reflecting higher volatility compared to the overall market index. This information draws attention to potential increased risk associated with investing in ABR when compared to less volatile stocks.
In terms of liquidity measures, Arbor Realty Trust exhibits highly favorable current and quick ratios of 45.47 each. These figures indicate that the company possesses substantial short-term assets that can be easily converted into cash if necessary.
Additionally, it’s worth mentioning that Arbor Realty Trust holds an elevated debt-to-equity ratio of 3.59, emphasizing its reliance on borrowed funds to finance its operations and investments.
Overall, HB Wealth Management LLC’s recent acquisition and subsequent ownership increase in Arbor Realty Trust Inc.’s shares have garnered noteworthy attention within the investment community. As analysts voice differing opinions about ABR’s future performance and value targets based on their varying evaluations of relevant factors such as price targets and ratings history, investors should carefully analyze available information before making any investment decisions concerning this particular stock
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Arbor Realty Trust: Investor Landscape Shifts, Insider Purchases, and Increased Dividends Point to Promising Future
Arbor Realty Trust, a real estate investment trust (REIT), has recently seen significant changes in its investor landscape. Notable among them are large investors such as Financial Freedom LLC, State of Wyoming, Money Concepts Capital Corp, Financial Advocates Investment Management, and Trifecta Capital Advisors LLC. These investors have acquired new positions in shares of Arbor Realty Trust during the 3rd and 4th quarters.
Financial Freedom LLC acquired a new position worth about $27,000, while State of Wyoming also acquired a similar position during the 4th quarter. Additionally, Money Concepts Capital Corp added to its stake with an investment worth approximately $32,000. These moves clearly indicate confidence in Arbor Realty Trust’s future prospects within the industry.
Joining this group of large investors is Financial Advocates Investment Management with an acquisition worth about $286,000. Lastly, Trifecta Capital Advisors LLC invested around $49,000 in shares of Arbor Realty Trust during the 4th quarter. Collectively, institutional investors and hedge funds now own 44.89% of the company’s stock.
In other news related to Arbor Realty Trust, Director William C. Green made a significant purchase of 8,776 shares on Thursday, June 1st at an average cost of $12.82 per share. The total transaction amounted to $112,508.32. Following this purchase, Green now directly owns 147,681 shares valued at $1,893,270.42.
Similarly notable was CEO Ivan Kaufman’s acquisition of 15,000 shares on Monday May 8th at an average price of $11.98 per share totaling $179,700. After this transaction completion Kaufman holds a total of 1,183.277 company shares valued at $14.,175.,658.’46.These insider purchases signify optimism within Arbor Realty Trust’s leadership regarding the company’s potential growth.
In addition to these investments and purchases, Arbor Realty Trust has recently disclosed an increase in its quarterly dividend. On May 31st, the company paid a $0.42 dividend per share to stockholders of record on May 19th. This represents a positive change from their previous quarterly dividend of $0.40, demonstrating enhanced value for investors. With an annualized dividend of $1.68 and a dividend yield of 11.68%, Arbor Realty Trust is providing an attractive return on investment.
Overall, the recent changes in investor positions, insider purchases, and increased dividends indicate both external confidence in the company’s potential and internal belief in its strength and profitability by those within Arbor Realty Trust itself. These developments suggest that Arbor Realty Trust is well-positioned for success in the real estate market.