Virginia Retirement Systems ET AL grew its position in shares of ARBOR RLTY TR I/SH (NYSE:ABR) by 67.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,984 shares of the real estate investment trust’s stock after acquiring an additional 25,400 shares during the quarter. Virginia Retirement Systems ET AL’s holdings in ARBOR RLTY TR I/SH were worth $763,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ABR. Princeton Capital Management LLC increased its holdings in shares of ARBOR RLTY TR I/SH by 128.6% during the first quarter. Princeton Capital Management LLC now owns 2,021 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 1,137 shares in the last quarter. Winslow Evans & Crocker Inc. bought a new stake in shares of ARBOR RLTY TR I/SH during the first quarter valued at approximately $26,000. McIlrath & Eck LLC bought a new stake in shares of ARBOR RLTY TR I/SH during the first quarter valued at approximately $32,000. Catalyst Capital Advisors LLC purchased a new position in shares of ARBOR RLTY TR I/SH during the first quarter valued at approximately $39,000. Finally, Advisory Services Network LLC boosted its position in shares of ARBOR RLTY TR I/SH by 26.4% during the first quarter. Advisory Services Network LLC now owns 15,101 shares of the real estate investment trust’s stock valued at $196,000 after buying an additional 3,154 shares during the last quarter. Hedge funds and other institutional investors own 48.29% of the company’s stock.

Shares of NYSE:ABR traded up $0.05 during mid-day trading on Tuesday, hitting $12.68. 4,415 shares of the company traded hands, compared to its average volume of 975,900. The stock has a market cap of $1.20 billion, a PE ratio of 10.50 and a beta of 0.62. The company has a debt-to-equity ratio of 2.09, a quick ratio of 15.10 and a current ratio of 15.10. ARBOR RLTY TR I/SH has a 12-month low of $9.62 and a 12-month high of $13.94. The firm’s 50-day moving average price is $12.29.

ARBOR RLTY TR I/SH (NYSE:ABR) last announced its earnings results on Friday, August 2nd. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.04. The company had revenue of $82.17 million for the quarter, compared to analysts’ expectations of $73.10 million. ARBOR RLTY TR I/SH had a return on equity of 13.20% and a net margin of 44.17%. As a group, research analysts forecast that ARBOR RLTY TR I/SH will post 1.15 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th will be given a $0.28 dividend. The ex-dividend date is Wednesday, August 14th. This represents a $1.12 annualized dividend and a yield of 8.83%. ARBOR RLTY TR I/SH’s dividend payout ratio is currently 92.56%.

ABR has been the topic of several analyst reports. TheStreet cut ARBOR RLTY TR I/SH from a “b-” rating to a “c+” rating in a research report on Friday, May 17th. Zacks Investment Research cut ARBOR RLTY TR I/SH from a “buy” rating to a “hold” rating in a research report on Tuesday, July 30th. ValuEngine cut ARBOR RLTY TR I/SH from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Finally, BTIG Research set a $14.00 target price on ARBOR RLTY TR I/SH and gave the company a “buy” rating in a research report on Wednesday, April 17th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. ARBOR RLTY TR I/SH presently has an average rating of “Hold” and an average target price of $12.71.

ARBOR RLTY TR I/SH Profile

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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