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

Arbor Realty Trust, Inc. (NYSE:ABR) saw unusually large options trading activity on Wednesday. Traders bought 32,087 put options on the company. This represents an increase of 198% compared to the typical volume of 10,763 put options.

Arbor Realty Trust Stock Performance

Shares of ABR stock opened at $13.51 on Friday. The company has a market capitalization of $2.55 billion, a price-to-earnings ratio of 10.01 and a beta of 2.04. The company has a debt-to-equity ratio of 2.67, a quick ratio of 35.68 and a current ratio of 35.68. Arbor Realty Trust has a 52 week low of $11.92 and a 52 week high of $15.94. The company has a 50-day simple moving average of $14.38 and a 200 day simple moving average of $14.28.

Arbor Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were paid a dividend of $0.43 per share. The ex-dividend date was Friday, November 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 12.73%. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 127.41%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ABR. JMP Securities upped their price target on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the stock a “market outperform” rating in a research report on Friday, September 27th. Raymond James raised their target price on shares of Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a research note on Thursday, September 19th. Finally, JPMorgan Chase & Co. boosted their price target on Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a research report on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Arbor Realty Trust presently has a consensus rating of “Hold” and an average target price of $14.25.

Insider Transactions at Arbor Realty Trust

In related news, Director William C. Green acquired 5,269 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were bought at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the purchase, the director now directly owns 178,797 shares in the company, valued at approximately $2,533,553.49. This trade represents a 3.04 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ABR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Arbor Realty Trust by 52.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,456 shares of the real estate investment trust’s stock worth $4,535,000 after purchasing an additional 100,055 shares during the period. Edgestream Partners L.P. acquired a new position in shares of Arbor Realty Trust in the 3rd quarter valued at approximately $1,443,000. Pathstone Holdings LLC lifted its holdings in shares of Arbor Realty Trust by 42.0% during the 3rd quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust’s stock worth $2,057,000 after acquiring an additional 39,072 shares during the period. Intech Investment Management LLC acquired a new stake in shares of Arbor Realty Trust during the 3rd quarter worth approximately $820,000. Finally, Geode Capital Management LLC raised its position in Arbor Realty Trust by 1.1% during the third quarter. Geode Capital Management LLC now owns 4,298,957 shares of the real estate investment trust’s stock valued at $66,905,000 after purchasing an additional 45,370 shares in the last quarter. 57.25% of the stock is owned by institutional investors and hedge funds.

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.