Van ECK Associates Corp Buys 95,107 Shares of Arbor Realty Trust, Inc. (NYSE:ABR)

Van ECK Associates Corp grew its stake in Arbor Realty Trust, Inc. (NYSE:ABR) by 9.4% during the fourth quarter, Holdings Channel reports. The firm owned 1,111,967 shares of the real estate investment trust’s stock after purchasing an additional 95,107 shares during the period. Van ECK Associates Corp’s holdings in Arbor Realty Trust were worth $15,401,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Janney Montgomery Scott LLC purchased a new position in Arbor Realty Trust during the 4th quarter worth $1,144,000. Nisa Investment Advisors LLC boosted its holdings in Arbor Realty Trust by 29.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust’s stock worth $1,459,000 after purchasing an additional 23,987 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Arbor Realty Trust by 52.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,456 shares of the real estate investment trust’s stock worth $4,535,000 after purchasing an additional 100,055 shares in the last quarter. Pathstone Holdings LLC increased its stake in Arbor Realty Trust by 42.0% in the 3rd quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust’s stock valued at $2,057,000 after buying an additional 39,072 shares during the last quarter. Finally, EMC Capital Management lifted its position in shares of Arbor Realty Trust by 23,453.8% during the 4th quarter. EMC Capital Management now owns 18,843 shares of the real estate investment trust’s stock worth $261,000 after buying an additional 18,763 shares in the last quarter. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Insiders Place Their Bets

In related news, Director William C. Green bought 5,269 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were purchased at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the completion of the transaction, the director now directly owns 178,797 shares in the company, valued at approximately $2,533,553.49. The trade was a 3.04 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 3.70% of the company’s stock.

Arbor Realty Trust Stock Up 0.8 %

ABR stock opened at $13.76 on Friday. The stock has a fifty day moving average of $13.74 and a 200-day moving average of $14.20. Arbor Realty Trust, Inc. has a fifty-two week low of $11.95 and a fifty-two week high of $15.94. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of 10.19 and a beta of 2.03. The company has a debt-to-equity ratio of 2.67, a quick ratio of 35.68 and a current ratio of 35.68.

Analysts Set New Price Targets

ABR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. decreased their price target on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research report on Tuesday, January 21st. Keefe, Bruyette & Woods decreased their target price on Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a research report 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. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $14.00.

Arbor Realty Trust 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.