Arbor Realty Trust (ABR) Stake Raised by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D grew its position in Arbor Realty Trust (NYSE:ABR) by 25.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 269,000 shares of the real estate investment trust’s stock after purchasing an additional 54,000 shares during the period. State of New Jersey Common Pension Fund D owned about 0.44% of Arbor Realty Trust worth $2,206,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. Wells Fargo & Company MN boosted its stake in shares of Arbor Realty Trust by 0.5% in the 1st quarter. Wells Fargo & Company MN now owns 37,547 shares of the real estate investment trust’s stock valued at $315,000 after purchasing an additional 171 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Arbor Realty Trust by 7.9% in the 1st quarter. Ameriprise Financial Inc. now owns 20,700 shares of the real estate investment trust’s stock valued at $174,000 after purchasing an additional 1,515 shares in the last quarter. UBS Group AG boosted its stake in shares of Arbor Realty Trust by 10.7% in the 1st quarter. UBS Group AG now owns 39,570 shares of the real estate investment trust’s stock valued at $332,000 after purchasing an additional 3,834 shares in the last quarter. Benchmark Capital Advisors boosted its stake in shares of Arbor Realty Trust by 0.9% in the 2nd quarter. Benchmark Capital Advisors now owns 423,769 shares of the real estate investment trust’s stock valued at $3,534,000 after purchasing an additional 3,850 shares in the last quarter. Finally, Chartwell Investment Partners LLC boosted its stake in shares of Arbor Realty Trust by 2.7% in the 2nd quarter. Chartwell Investment Partners LLC now owns 191,911 shares of the real estate investment trust’s stock valued at $1,601,000 after purchasing an additional 5,000 shares in the last quarter. Institutional investors own 47.89% of the company’s stock.

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 for the quarter, beating the 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%.

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In other Arbor Realty Trust news, Director Melvin F. Lazar acquired 6,785 shares of Arbor Realty Trust stock in a transaction that occurred on Wednesday, August 30th. The shares were acquired at an average cost of $8.04 per share, with a total value of $54,551.40. Following the completion of the purchase, the director now directly owns 169,615 shares of the company’s stock, valued at approximately $1,363,704.60. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William B. Helmreich sold 28,000 shares of the firm’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $8.03, for a total value of $224,840.00. Following the completion of the sale, the director now directly owns 178,735 shares in the company, valued at $1,435,242.05. The disclosure for this sale can be found here. Company insiders own 16.50% of the company’s stock.

Several equities research analysts have recently commented on ABR shares. BidaskClub downgraded shares of Arbor Realty Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. Zacks Investment Research downgraded shares of Arbor Realty Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $8.75 target price on shares of Arbor Realty Trust in a research note 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.

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

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