Investors Purchase High Volume of Put Options on Arbor Realty Trust (NYSE:ABR)

Arbor Realty Trust, Inc. (NYSE:ABR) was the recipient of unusually large options trading activity on Tuesday. Stock traders bought 48,722 put options on the company. This is an increase of approximately 160% compared to the typical volume of 18,727 put options.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ABR shares. Keefe, Bruyette & Woods cut their target price on Arbor Realty Trust from $13.50 to $13.25 and set a “market perform” rating on the stock in a research note on Wednesday, April 10th. Wedbush reiterated a “neutral” rating and set a $13.00 price objective on shares of Arbor Realty Trust in a research report on Monday. TheStreet upgraded Arbor Realty Trust from a “d+” rating to a “c” rating in a research report on Monday, March 18th. JMP Securities decreased their price target on Arbor Realty Trust from $19.00 to $17.00 and set a “market outperform” rating for the company in a research note on Thursday, February 1st. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Arbor Realty Trust from $12.50 to $12.00 and set an “underweight” rating for the company in a report on Wednesday, April 10th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $14.71.

Arbor Realty Trust Trading Up 0.3 %

Shares of ABR stock opened at $13.46 on Wednesday. The stock has a 50-day simple moving average of $12.86 and a 200 day simple moving average of $13.39. The stock has a market capitalization of $2.55 billion, a P/E ratio of 8.36 and a beta of 1.96. Arbor Realty Trust has a fifty-two week low of $11.77 and a fifty-two week high of $17.74. The company has a quick ratio of 36.02, a current ratio of 36.63 and a debt-to-equity ratio of 3.14.

Arbor Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $1.72 annualized dividend and a dividend yield of 12.78%. Arbor Realty Trust’s dividend payout ratio (DPR) is 106.83%.

Insiders Place Their Bets

In other Arbor Realty Trust news, Director William C. Green acquired 10,209 shares of the company’s stock in a transaction that occurred on Monday, March 18th. The shares were purchased at an average price of $12.93 per share, for a total transaction of $132,002.37. Following the completion of the purchase, the director now directly owns 162,809 shares in the company, valued at $2,105,120.37. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Arbor Realty Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in ABR. Avior Wealth Management LLC increased its stake in Arbor Realty Trust by 9.3% in the 4th quarter. Avior Wealth Management LLC now owns 8,939 shares of the real estate investment trust’s stock worth $136,000 after purchasing an additional 761 shares in the last quarter. Navis Wealth Advisors LLC boosted its holdings in shares of Arbor Realty Trust by 3.3% in the first quarter. Navis Wealth Advisors LLC now owns 24,369 shares of the real estate investment trust’s stock worth $323,000 after buying an additional 785 shares during the period. Alpha Cubed Investments LLC increased its position in shares of Arbor Realty Trust by 6.7% in the fourth quarter. Alpha Cubed Investments LLC now owns 13,184 shares of the real estate investment trust’s stock worth $200,000 after acquiring an additional 825 shares in the last quarter. Yousif Capital Management LLC raised its holdings in shares of Arbor Realty Trust by 0.9% during the fourth quarter. Yousif Capital Management LLC now owns 93,220 shares of the real estate investment trust’s stock valued at $1,415,000 after acquiring an additional 845 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in shares of Arbor Realty Trust by 4.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 21,133 shares of the real estate investment trust’s stock valued at $321,000 after acquiring an additional 882 shares in the last quarter. 57.25% of the stock is currently owned by institutional investors.

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.