Arbor Realty Trust Sees Unusually Large Options Volume (NYSE:ABR)

Arbor Realty Trust (NYSE:ABR) was the target of unusually large options trading activity on Wednesday. Traders purchased 14,060 put options on the stock. This is an increase of 18% compared to the average daily volume of 11,891 put options.

Analyst Ratings Changes

ABR has been the topic of several recent analyst reports. Keefe, Bruyette & Woods lifted their target price on shares of Arbor Realty Trust from $7.50 to $8.00 and gave the stock an “underperform” rating in a report on Wednesday, March 4th. Zacks Research upgraded shares of Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a report on Friday, February 20th. Wall Street Zen raised Arbor Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. JPMorgan Chase & Co. dropped their price objective on Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Thursday, December 4th. Finally, Weiss Ratings cut Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $9.50.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its position in Arbor Realty Trust by 3.5% during the first quarter. Royal Bank of Canada now owns 132,181 shares of the real estate investment trust’s stock worth $1,553,000 after buying an additional 4,470 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Arbor Realty Trust by 25,163.2% in the 1st quarter. Jones Financial Companies Lllp now owns 4,800 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 4,781 shares in the last quarter. United Services Automobile Association acquired a new position in Arbor Realty Trust in the 1st quarter valued at approximately $145,000. Focus Partners Wealth bought a new stake in shares of Arbor Realty Trust in the 1st quarter worth approximately $161,000. Finally, Allworth Financial LP lifted its position in shares of Arbor Realty Trust by 77.8% in the 2nd quarter. Allworth Financial LP now owns 2,583 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 1,130 shares during the period. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Trading Up 3.0%

Shares of ABR stock opened at $7.59 on Thursday. Arbor Realty Trust has a 1 year low of $7.11 and a 1 year high of $12.57. The firm’s fifty day simple moving average is $7.81 and its 200 day simple moving average is $9.20. The firm has a market capitalization of $1.47 billion, a P/E ratio of 13.81 and a beta of 1.36. The company has a current ratio of 394.59, a quick ratio of 394.59 and a debt-to-equity ratio of 2.41.

Arbor Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were issued a dividend of $0.30 per share. The ex-dividend date was Tuesday, March 10th. This represents a $1.20 annualized dividend and a dividend yield of 15.8%. Arbor Realty Trust’s payout ratio is presently 218.18%.

Arbor Realty Trust Company Profile

Arbor Realty Trust, Inc (NYSE: ABR) is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders.

Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments.