Campbell & CO Investment Adviser LLC Raises Stake in Arbor Realty Trust (NYSE:ABR)

Campbell & CO Investment Adviser LLC increased its position in shares of Arbor Realty Trust (NYSE:ABR) by 56.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,644 shares of the real estate investment trust’s stock after buying an additional 11,394 shares during the period. Campbell & CO Investment Adviser LLC owned 0.06% of Arbor Realty Trust worth $264,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Wells Fargo & Company MN raised its position in Arbor Realty Trust by 0.5% in the first quarter. Wells Fargo & Company MN now owns 37,547 shares of the real estate investment trust’s stock worth $315,000 after buying an additional 171 shares in the last quarter. Sii Investments Inc. WI raised its stake in shares of Arbor Realty Trust by 0.4% in the first quarter. Sii Investments Inc. WI now owns 80,956 shares of the real estate investment trust’s stock worth $679,000 after buying an additional 356 shares during the period. Omega Advisors Inc. raised its stake in shares of Arbor Realty Trust by 0.6% in the first quarter. Omega Advisors Inc. now owns 70,440 shares of the real estate investment trust’s stock worth $590,000 after buying an additional 440 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Arbor Realty Trust by 7.9% in the first quarter. Ameriprise Financial Inc. now owns 20,700 shares of the real estate investment trust’s stock worth $174,000 after buying an additional 1,515 shares during the period. Finally, Baird Financial Group Inc. increased its position in Arbor Realty Trust by 1.4% in the first quarter. Baird Financial Group Inc. now owns 190,269 shares of the real estate investment trust’s stock worth $1,594,000 after buying an additional 2,677 shares in the last quarter. Hedge funds and other institutional investors own 38.96% of the company’s stock.

Shares of Arbor Realty Trust (NYSE ABR) opened at 8.03 on Friday. The company’s 50 day moving average is $8.24 and its 200-day moving average is $8.13. Arbor Realty Trust has a 1-year low of $6.92 and a 1-year high of $8.99. The company has a market capitalization of $492.63 million, a P/E ratio of 7.35 and a beta of 0.69.

Arbor Realty Trust (NYSE:ABR) last released its quarterly earnings data on Friday, August 4th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.01. The business had revenue of $34.47 million for the quarter. Arbor Realty Trust had a return on equity of 10.47% and a net margin of 54.47%. On average, equities research analysts forecast that Arbor Realty Trust will post $0.88 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Wednesday, August 16th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 8.97%. The ex-dividend date is Monday, August 14th. Arbor Realty Trust’s dividend payout ratio is currently 64.29%.

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ABR has been the topic of a number of recent research reports. Zacks Investment Research downgraded shares of Arbor Realty Trust from a “buy” rating to a “hold” rating in a report on Tuesday, May 16th. BidaskClub downgraded shares of Arbor Realty Trust from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $8.75 price objective on shares of Arbor Realty Trust in a report on Thursday, July 6th.

About Arbor Realty Trust

Arbor Realty Trust, Inc is a real estate investment trust. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity.

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

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