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

Arbor Realty Trust, Inc. (NYSE:ABR) saw unusually large options trading on Thursday. Investors purchased 30,686 call options on the stock. This represents an increase of 166% compared to the average daily volume of 11,518 call options.

Arbor Realty Trust Stock Up 1.4 %

Shares of Arbor Realty Trust stock traded up $0.19 on Friday, reaching $13.79. 1,851,118 shares of the company were exchanged, compared to its average volume of 1,823,410. Arbor Realty Trust has a one year low of $11.92 and a one year high of $15.94. The company has a current ratio of 35.68, a quick ratio of 35.68 and a debt-to-equity ratio of 2.67. The company has a 50-day moving average of $14.19 and a 200 day moving average of $14.24. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 10.22 and a beta of 2.04.

Arbor Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 12.47%. The ex-dividend date of this dividend was Friday, November 15th. Arbor Realty Trust’s dividend payout ratio (DPR) is presently 127.41%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. JMP Securities upped their price objective on Arbor Realty Trust from $16.00 to $16.50 and gave the stock a “market outperform” rating in a research report on Friday, September 27th. JPMorgan Chase & Co. upped their price target on Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a research report on Thursday, October 17th. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating on the stock in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $14.17.

Insiders Place Their Bets

In related news, Director William C. Green bought 5,269 shares of Arbor Realty Trust stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average cost of $14.17 per share, with a total value of $74,661.73. Following the purchase, the director now owns 178,797 shares in the company, valued at approximately $2,533,553.49. This trade represents a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On Arbor Realty Trust

Institutional investors and hedge funds have recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Arbor Realty Trust by 52.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,456 shares of the real estate investment trust’s stock worth $4,535,000 after buying an additional 100,055 shares during the last quarter. Pathstone Holdings LLC increased its holdings in shares of Arbor Realty Trust by 42.0% during the 3rd quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust’s stock worth $2,057,000 after acquiring an additional 39,072 shares during the last quarter. Edgestream Partners L.P. bought a new stake in Arbor Realty Trust in the 3rd quarter valued at $1,443,000. Intech Investment Management LLC acquired a new stake in Arbor Realty Trust during the 3rd quarter valued at $820,000. Finally, Geode Capital Management LLC lifted its holdings in Arbor Realty Trust by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 4,298,957 shares of the real estate investment trust’s stock valued at $66,905,000 after purchasing an additional 45,370 shares during the last quarter. 57.25% of the stock is owned by institutional investors.

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.