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

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

Wall Street Analysts Forecast Growth

ABR has been the subject of a number of recent research reports. Wall Street Zen raised shares of Arbor Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Weiss Ratings lowered shares of Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 24th. Piper Sandler reduced 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 report on Monday, December 22nd. Keefe, Bruyette & Woods boosted their target price on shares of Arbor Realty Trust from $7.50 to $8.00 and gave the company an “underperform” rating in a research report on Wednesday, March 4th. Finally, Zacks Research raised shares of Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a report on Friday, February 20th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $9.50.

Arbor Realty Trust Stock Performance

NYSE ABR traded up $0.22 during mid-day trading on Wednesday, reaching $7.59. 1,740,619 shares of the stock were exchanged, compared to its average volume of 4,281,563. The company has a market capitalization of $1.46 billion, a P/E ratio of 13.79 and a beta of 1.36. The company has a debt-to-equity ratio of 2.41, a quick ratio of 394.59 and a current ratio of 394.59. The business’s 50 day moving average is $7.82 and its 200-day moving average is $9.21. Arbor Realty Trust has a 1 year low of $7.11 and a 1 year high of $12.57.

Arbor Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 15.8%. Arbor Realty Trust’s payout ratio is currently 218.18%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Allworth Financial LP increased its stake in Arbor Realty Trust by 77.8% during the 2nd quarter. Allworth Financial LP now owns 2,583 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 1,130 shares in the last quarter. Smartleaf Asset Management LLC lifted its position 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 valued at $29,000 after acquiring an additional 1,175 shares in the last quarter. HM Payson & Co. acquired a new stake in shares of Arbor Realty Trust in the third quarter worth approximately $31,000. Bayforest Capital Ltd purchased a new stake in shares of Arbor Realty Trust during the fourth quarter worth approximately $39,000. Finally, Rothschild Investment LLC increased its position in shares of Arbor Realty Trust by 1,264.6% during the third quarter. Rothschild Investment LLC now owns 3,275 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 3,035 shares in the last quarter. 57.25% of the stock is owned by hedge funds and other institutional investors.

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.