LSV Asset Management significantly cut its stake in Arbor Realty Trust ($ABR) by 98.6% in Q3, reducing its holdings to 5,300 shares valued at $65,000. This divestment contrasts with several other large funds that either established or increased substantial positions in ABR. Despite institutional ownership of about 57.25%, analysts generally maintain a “Reduce” rating for Arbor Realty Trust, with an average price target of $9.38 against a current trading price of around $7.41.
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LSV Asset Management Has $65,000 Stock Position in Arbor Realty Trust $ABR
LSV Asset Management significantly cut its stake in Arbor Realty Trust ($ABR) by 98.6% in Q3, reducing its holdings to 5,300 shares valued at $65,000. This divestment contrasts with several other large funds that either established or increased substantial positions in ABR. Despite institutional ownership of about 57.25%, analysts generally maintain a “Reduce” rating for Arbor Realty Trust, with an average price target of $9.38 against a current trading price of around $7.41.