Stock Traders Purchase Large Volume of Arbor Realty Trust Call Options (NYSE:ABR)

Arbor Realty Trust (NYSE:ABR) was the target of some unusual options trading activity on Wednesday. Stock investors purchased 16,102 call options on the company. This represents an increase of approximately 45% compared to the average volume of 11,139 call options.

Institutional Investors Weigh In On Arbor Realty Trust

Several hedge funds and other institutional investors have recently bought and sold shares of ABR. Amalgamated Bank lifted its holdings in Arbor Realty Trust by 1.8% in the 2nd quarter. Amalgamated Bank now owns 54,581 shares of the real estate investment trust’s stock valued at $584,000 after acquiring an additional 962 shares during the last quarter. Jamison Private Wealth Management Inc. raised its holdings in shares of Arbor Realty Trust by 7.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 15,108 shares of the real estate investment trust’s stock worth $184,000 after purchasing an additional 1,086 shares in the last quarter. Allworth Financial LP lifted its stake in Arbor Realty Trust by 77.8% during the second quarter. Allworth Financial LP now owns 2,583 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,130 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in Arbor Realty Trust by 6.9% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 17,527 shares of the real estate investment trust’s stock worth $214,000 after buying an additional 1,130 shares in the last quarter. Finally, Byrne Financial Freedom LLC grew its position in Arbor Realty Trust by 8.0% in the second quarter. Byrne Financial Freedom LLC now owns 15,548 shares of the real estate investment trust’s stock worth $166,000 after buying an additional 1,157 shares during the last quarter. 57.25% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on ABR. Zacks Research raised Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a report on Friday, February 20th. Keefe, Bruyette & Woods boosted their price target on Arbor Realty Trust from $7.50 to $8.00 and gave the company an “underperform” rating in a report on Wednesday. JPMorgan Chase & Co. reduced 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. Piper Sandler lowered their target price on shares of Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating for the company in a research note on Monday, December 22nd. Finally, Wall Street Zen raised shares of Arbor Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Arbor Realty Trust has an average rating of “Reduce” and a consensus target price of $9.50.

Arbor Realty Trust Price Performance

Shares of NYSE ABR traded up $0.45 during mid-day trading on Wednesday, reaching $8.83. 2,206,345 shares of the company traded hands, compared to its average volume of 4,391,600. Arbor Realty Trust has a fifty-two week low of $7.11 and a fifty-two week high of $12.73. The firm has a market cap of $1.71 billion, a PE ratio of 16.05 and a beta of 1.36. The stock has a fifty day simple moving average of $7.79 and a 200-day simple moving average of $9.61. The company has a debt-to-equity ratio of 2.51, a current ratio of 287.79 and a quick ratio of 287.79.

Arbor Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be issued a $0.30 dividend. The ex-dividend date is Tuesday, March 10th. This represents a $1.20 annualized dividend and a dividend yield of 13.6%. Arbor Realty Trust’s dividend payout ratio is 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.