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

Arbor Realty Trust, Inc. (NYSE:ABR – Get Rating) saw unusually large options trading on Tuesday. Traders acquired 4,196 put options on the company. This represents an increase of approximately 77% compared to the average daily volume of 2,370 put options.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ABR. AlphaCrest Capital Management LLC acquired a new stake in Arbor Realty Trust in the 1st quarter valued at approximately $212,000. MetLife Investment Management LLC grew its stake in shares of Arbor Realty Trust by 55.4% in the first quarter. MetLife Investment Management LLC now owns 76,796 shares of the real estate investment trust’s stock worth $1,310,000 after acquiring an additional 27,383 shares in the last quarter. Great West Life Assurance Co. Can grew its stake in shares of Arbor Realty Trust by 20.4% in the first quarter. Great West Life Assurance Co. Can now owns 7,214 shares of the real estate investment trust’s stock worth $131,000 after acquiring an additional 1,223 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Arbor Realty Trust by 12.0% in the first quarter. Cetera Investment Advisers now owns 138,111 shares of the real estate investment trust’s stock worth $2,356,000 after acquiring an additional 14,771 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Arbor Realty Trust by 28.7% in the first quarter. Vanguard Group Inc. now owns 9,436,190 shares of the real estate investment trust’s stock worth $160,982,000 after acquiring an additional 2,103,266 shares in the last quarter. 40.52% of the stock is owned by hedge funds and other institutional investors.

Arbor Realty Trust Trading Down 6.7 %

ABR stock opened at $12.12 on Wednesday. The firm has a market cap of $2.18 billion, a P/E ratio of 7.19 and a beta of 1.97. Arbor Realty Trust has a 52-week low of $11.16 and a 52-week high of $17.78. The company’s 50-day simple moving average is $14.62 and its 200-day simple moving average is $14.05. The company has a quick ratio of 46.60, a current ratio of 46.60 and a debt-to-equity ratio of 3.85.

Arbor Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 17th. Shareholders of record on Monday, March 13th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 13.20%. The ex-dividend date of this dividend is Friday, March 10th. Arbor Realty Trust’s dividend payout ratio (DPR) is 96.39%.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods upped their target price on Arbor Realty Trust from $14.50 to $15.50 and gave the stock a “market perform” rating in a report on Tuesday, February 21st. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Arbor Realty Trust currently has a consensus rating of “Moderate Buy” and an average price target of $16.60.

Arbor Realty Trust Company Profile

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Arbor Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of loan origination and servicing for multifamily, seniors housing, healthcare, and diverse commercial real estate assets. It operates through the Structured Business and Agency Business segments. The Structured Business segment offers structured loan origination and investment services.