Stock Traders Purchase High Volume of Arbor Realty Trust Put Options (NYSE:ABR)

Arbor Realty Trust (NYSE:ABR) was the recipient of unusually large options trading on Wednesday. Stock investors acquired 14,060 put options on the company. This represents an increase of 18% compared to the typical volume of 11,891 put options.

Institutional Investors Weigh In On Arbor Realty Trust

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Allworth Financial LP lifted its position in 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 valued at $28,000 after acquiring an additional 1,130 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Arbor Realty Trust by 73.5% in the second quarter. Smartleaf Asset Management LLC now owns 2,774 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,175 shares during the last quarter. HM Payson & Co. purchased a new stake in shares of Arbor Realty Trust in the third quarter worth approximately $31,000. Bayforest Capital Ltd bought a new position in shares of Arbor Realty Trust in the fourth quarter valued at approximately $39,000. Finally, Rothschild Investment LLC lifted its holdings in shares of Arbor Realty Trust by 1,264.6% in the third quarter. Rothschild Investment LLC now owns 3,275 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 3,035 shares in the last quarter. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Price Performance

Shares of NYSE:ABR opened at $7.55 on Friday. Arbor Realty Trust has a twelve month low of $7.11 and a twelve month high of $12.57. The stock’s 50 day moving average is $7.80 and its 200-day moving average is $9.19. The company has a quick ratio of 394.59, a current ratio of 394.59 and a debt-to-equity ratio of 2.41. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 13.72 and a beta of 1.36.

Arbor Realty Trust Announces Dividend

The firm 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. This represents a $1.20 dividend on an annualized basis and a dividend yield of 15.9%. The ex-dividend date was Tuesday, March 10th. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 218.18%.

Wall Street Analyst Weigh In

ABR has been the topic of a number of research reports. Piper Sandler dropped their target price on shares of Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating on the stock in a research report on Monday, December 22nd. Wall Street Zen upgraded shares of Arbor Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. JPMorgan Chase & Co. dropped their price objective on shares of Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Thursday, December 4th. Zacks Research raised shares of Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Friday, February 20th. Finally, Keefe, Bruyette & Woods raised their target price on Arbor Realty Trust from $7.50 to $8.00 and gave the company an “underperform” rating in a research note on Wednesday, March 4th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $9.50.

About Arbor Realty Trust

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.