Newbridge Financial Services Group Inc. Trims Holdings in Arbor Realty Trust, Inc. (NYSE:ABR)

Newbridge Financial Services Group Inc. lowered its position in Arbor Realty Trust, Inc. (NYSE:ABR) by 24.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 17,230 shares of the real estate investment trust’s stock after selling 5,614 shares during the period. Newbridge Financial Services Group Inc.’s holdings in Arbor Realty Trust were worth $239,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in shares of Arbor Realty Trust by 75.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 688 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new stake in Arbor Realty Trust in the third quarter valued at $38,000. Glenmede Trust Co. NA boosted its holdings in Arbor Realty Trust by 33.1% in the third quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 701 shares during the last quarter. KBC Group NV raised its stake in shares of Arbor Realty Trust by 39.1% during the 3rd quarter. KBC Group NV now owns 6,395 shares of the real estate investment trust’s stock valued at $100,000 after buying an additional 1,796 shares during the last quarter. Finally, Prospera Private Wealth LLC acquired a new position in shares of Arbor Realty Trust in the 3rd quarter valued at about $102,000. 57.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ABR has been the topic of several analyst reports. JPMorgan Chase & Co. dropped their target price on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating on the stock in a report on Tuesday, January 21st. Keefe, Bruyette & Woods dropped their price objective on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating on the stock in a research note on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $14.00.

Insider Activity at Arbor Realty Trust

In other news, Director William C. Green acquired 5,269 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were bought at an average cost of $14.17 per share, for a total transaction of $74,661.73. Following the acquisition, the director now owns 178,797 shares in the company, valued at approximately $2,533,553.49. This represents a 3.04 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.70% of the stock is owned by corporate insiders.

Arbor Realty Trust Stock Down 0.9 %

Shares of ABR opened at $13.75 on Monday. The firm has a market cap of $2.59 billion, a P/E ratio of 10.18 and a beta of 2.03. Arbor Realty Trust, Inc. has a 12 month low of $11.92 and a 12 month high of $15.94. The stock’s 50 day moving average is $13.79 and its two-hundred day moving average is $14.20. The company has a current ratio of 35.68, a quick ratio of 35.68 and a debt-to-equity ratio of 2.67.

Arbor Realty Trust Company Profile

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