Traders Purchase High Volume of Call Options on Arbor Realty Trust (NYSE:ABR)

Arbor Realty Trust, Inc. (NYSE:ABR) was the recipient of unusually large options trading activity on Thursday. Stock investors purchased 30,686 call options on the stock. This represents an increase of 166% compared to the typical volume of 11,518 call options.

Insiders Place Their Bets

In other news, Director William C. Green acquired 5,269 shares of the stock in a transaction on Thursday, December 5th. The shares were 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 ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On Arbor Realty Trust

A number of large investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Arbor Realty Trust by 52.3% during the 3rd 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 in the last quarter. Pathstone Holdings LLC grew its position in Arbor Realty Trust by 42.0% in the third quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust’s stock valued at $2,057,000 after acquiring an additional 39,072 shares during the last quarter. Edgestream Partners L.P. acquired a new position in Arbor Realty Trust during the third quarter worth about $1,443,000. Intech Investment Management LLC bought a new position in shares of Arbor Realty Trust in the third quarter worth about $820,000. Finally, Geode Capital Management LLC boosted its stake in shares of Arbor Realty Trust by 1.1% in 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 in the last quarter. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Price Performance

Shares of NYSE:ABR traded up $0.19 during midday trading on Friday, hitting $13.79. The stock had a trading volume of 1,851,118 shares, compared to its average volume of 1,823,410. The company’s 50-day moving average price is $14.19 and its 200-day moving average price is $14.24. Arbor Realty Trust has a fifty-two week low of $11.92 and a fifty-two week high of $15.94. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67. The company has a market capitalization of $2.60 billion, a P/E ratio of 10.22 and a beta of 2.04.

Arbor Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 12.47%. The ex-dividend date was Friday, November 15th. Arbor Realty Trust’s payout ratio is presently 127.41%.

Wall Street Analyst Weigh In

ABR has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price target on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the stock an “underweight” rating in a research report on Thursday, October 17th. JMP Securities lifted their price target on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a research report on Friday, September 27th. Finally, Keefe, Bruyette & Woods cut their price target on Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Arbor Realty Trust presently has an average rating of “Hold” and a consensus price target of $14.17.

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.