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

Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report) saw some unusual options trading activity on Thursday. Investors acquired 30,722 put options on the stock. This represents an increase of 152% compared to the typical volume of 12,200 put options.

Arbor Realty Trust Stock Performance

Shares of NYSE:ABR traded down $0.35 during trading on Monday, hitting $11.99. The stock had a trading volume of 5,968,879 shares, compared to its average volume of 3,446,997. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. Arbor Realty Trust has a 12-month low of $11.43 and a 12-month high of $15.94. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 10.08 and a beta of 2.03. The stock has a 50-day simple moving average of $13.46 and a two-hundred day simple moving average of $14.16.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last posted its quarterly earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02). The business had revenue of $262.87 million for the quarter, compared to analysts' expectations of $88.92 million. Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. On average, equities research analysts expect that Arbor Realty Trust will post 1.65 earnings per share for the current fiscal year.

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Arbor Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $1.72 dividend on an annualized basis and a yield of 14.35%. Arbor Realty Trust's dividend payout ratio is presently 144.54%.

Insider Buying and Selling at Arbor Realty Trust

In other Arbor Realty Trust news, Director William C. Green acquired 5,269 shares of the firm's stock in a transaction dated Thursday, December 5th. The stock was purchased at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the acquisition, 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 position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.70% of the stock is owned by 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 stock. Raymond James Trust N.A. lifted its holdings in shares of Arbor Realty Trust by 3.0% in the 3rd quarter. Raymond James Trust N.A. now owns 23,769 shares of the real estate investment trust's stock valued at $370,000 after buying an additional 698 shares during the period. Glenmede Trust Co. NA lifted its holdings in Arbor Realty Trust by 33.1% in the third quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust's stock valued at $44,000 after acquiring an additional 701 shares during the period. CIBC Asset Management Inc boosted its position in Arbor Realty Trust by 4.3% in the 4th quarter. CIBC Asset Management Inc now owns 18,676 shares of the real estate investment trust's stock worth $259,000 after purchasing an additional 774 shares in the last quarter. Natixis Advisors LLC grew its stake in shares of Arbor Realty Trust by 5.0% during the 4th quarter. Natixis Advisors LLC now owns 16,728 shares of the real estate investment trust's stock worth $232,000 after purchasing an additional 797 shares during the period. Finally, Principal Securities Inc. grew its stake in shares of Arbor Realty Trust by 10.0% during the 4th quarter. Principal Securities Inc. now owns 9,062 shares of the real estate investment trust's stock worth $126,000 after purchasing an additional 825 shares during the period. 57.25% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ABR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. decreased their price target on Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating for the company in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods cut their price objective on shares of Arbor Realty Trust from $13.50 to $12.00 and set a "market perform" rating on the stock in a report on Tuesday, February 25th. Finally, Raymond James cut shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research note on Monday, February 24th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $13.75.

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.