Traders Buy Large Volume of Put Options on Arbor Realty Trust (NYSE:ABR)

Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report) saw some unusual options trading on Wednesday. Stock investors bought 32,087 put options on the company. This is an increase of 198% compared to the average volume of 10,763 put options.

Insider Activity

In related news, Director William C. Green bought 5,269 shares of the firm's stock in a transaction that occurred on 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 transaction, the director now directly owns 178,797 shares of the company's stock, valued at approximately $2,533,553.49. This represents a 3.04 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 3.70% of the company's stock.

Hedge Funds Weigh In On Arbor Realty Trust

A number of institutional investors have recently bought and sold shares of the stock. Natixis Advisors LLC purchased a new position in Arbor Realty Trust during the 2nd quarter worth approximately $253,000. Rhumbline Advisers raised its position in Arbor Realty Trust by 0.7% during the second quarter. Rhumbline Advisers now owns 600,251 shares of the real estate investment trust's stock valued at $8,614,000 after buying an additional 4,126 shares during the period. Victory Capital Management Inc. lifted its stake in Arbor Realty Trust by 8.6% in the 2nd quarter. Victory Capital Management Inc. now owns 39,292 shares of the real estate investment trust's stock worth $564,000 after acquiring an additional 3,119 shares in the last quarter. Arizona State Retirement System boosted its position in Arbor Realty Trust by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 52,773 shares of the real estate investment trust's stock worth $757,000 after acquiring an additional 968 shares during the period. Finally, Wedbush Securities Inc. boosted its position in Arbor Realty Trust by 5.6% during the 2nd quarter. Wedbush Securities Inc. now owns 47,380 shares of the real estate investment trust's stock worth $680,000 after acquiring an additional 2,530 shares during the period. Hedge funds and other institutional investors own 57.25% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ABR. JPMorgan Chase & Co. raised their price objective on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the company an "underweight" rating in a research note on Thursday, October 17th. Raymond James lifted their price target on Arbor Realty Trust from $15.00 to $16.00 and gave the company an "outperform" rating in a research report on Thursday, September 19th. Finally, JMP Securities upped their price objective on Arbor Realty Trust from $16.00 to $16.50 and gave the company a "market outperform" rating in a report on Friday, September 27th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Arbor Realty Trust presently has an average rating of "Hold" and an average price target of $14.25.

Arbor Realty Trust Price Performance

Arbor Realty Trust stock traded down $0.13 during mid-day trading on Wednesday, hitting $13.51. The company's stock had a trading volume of 2,359,765 shares, compared to its average volume of 2,134,623. Arbor Realty Trust has a twelve month low of $11.92 and a twelve month high of $15.94. The stock's fifty day moving average price is $14.41 and its two-hundred day moving average price is $14.28. The stock has a market capitalization of $2.55 billion, a P/E ratio of 10.01 and a beta of 2.04. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67.

Arbor Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 12.73%. The ex-dividend date of this dividend was Friday, November 15th. Arbor Realty Trust's dividend payout ratio is 127.41%.

About Arbor Realty Trust

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.