Arbor Realty Trust Target of Unusually Large Options Trading (NYSE:ABR)

Arbor Realty Trust, Inc. (NYSE:ABR) saw some unusual options trading on Tuesday. Investors bought 48,722 put options on the company. This represents an increase of approximately 160% compared to the average daily volume of 18,727 put options.

Insider Activity at Arbor Realty Trust

In related news, Director William C. Green purchased 10,209 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The stock was bought at an average cost of $12.93 per share, with a total value 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Arbor Realty Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Westside Investment Management Inc. purchased a new position in Arbor Realty Trust in the 1st quarter worth $27,000. Cape Investment Advisory Inc. boosted its position in Arbor Realty Trust by 671.7% in the fourth quarter. Cape Investment Advisory Inc. now owns 2,315 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 2,015 shares during the last quarter. ICA Group Wealth Management LLC acquired a new position in Arbor Realty Trust in the 4th quarter worth approximately $35,000. Sound Income Strategies LLC raised its position in Arbor Realty Trust by 322.1% during the 4th quarter. Sound Income Strategies LLC now owns 2,347 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 1,791 shares during the last quarter. Finally, Scarborough Advisors LLC acquired a new stake in Arbor Realty Trust during the 4th quarter valued at approximately $38,000. 57.25% of the stock is currently owned by hedge funds and other institutional investors.

Arbor Realty Trust Stock Up 0.3 %

Shares of Arbor Realty Trust stock opened at $13.46 on Wednesday. Arbor Realty Trust has a 1 year low of $11.77 and a 1 year high of $17.74. The company has a debt-to-equity ratio of 3.14, a current ratio of 36.63 and a quick ratio of 36.02. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 8.36 and a beta of 1.96. The firm’s 50-day moving average is $12.86 and its two-hundred day moving average is $13.39.

Arbor Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 12.78%. The ex-dividend date is Thursday, May 16th. Arbor Realty Trust’s dividend payout ratio is currently 106.83%.

Wall Street Analysts Forecast Growth

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

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.