Investors Purchase Large Volume of Call Options on Arbor Realty Trust (NYSE:ABR)

Arbor Realty Trust (NYSE:ABR) was the recipient of unusually large options trading activity on Wednesday. Stock investors purchased 16,102 call options on the company. This represents an increase of approximately 45% compared to the typical daily volume of 11,139 call options.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ABR shares. Zacks Research upgraded shares of Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Friday, February 20th. Weiss Ratings cut shares of Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 24th. JPMorgan Chase & Co. lowered their price objective on Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Thursday, December 4th. Wall Street Zen raised Arbor Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Piper Sandler cut their target price on Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating on the stock in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $9.50.

Hedge Funds Weigh In On Arbor Realty Trust

Institutional investors have recently modified their holdings of the company. Amalgamated Bank grew its position in Arbor Realty Trust by 1.8% in the 2nd quarter. Amalgamated Bank now owns 54,581 shares of the real estate investment trust’s stock valued at $584,000 after purchasing an additional 962 shares during the period. Jamison Private Wealth Management Inc. lifted its stake in shares of Arbor Realty Trust by 7.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 15,108 shares of the real estate investment trust’s stock valued at $184,000 after buying an additional 1,086 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Arbor Realty Trust by 77.8% during the second quarter. Allworth Financial LP now owns 2,583 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 1,130 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of Arbor Realty Trust by 6.9% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 17,527 shares of the real estate investment trust’s stock worth $214,000 after acquiring an additional 1,130 shares in the last quarter. Finally, Byrne Financial Freedom LLC raised its holdings in shares of Arbor Realty Trust by 8.0% in the 2nd quarter. Byrne Financial Freedom LLC now owns 15,548 shares of the real estate investment trust’s stock worth $166,000 after acquiring an additional 1,157 shares during the last quarter. 57.25% of the stock is owned by institutional investors and hedge funds.

Arbor Realty Trust Price Performance

ABR stock opened at $8.59 on Friday. The company has a debt-to-equity ratio of 2.41, a current ratio of 394.59 and a quick ratio of 287.79. The company’s 50-day moving average is $7.82 and its 200-day moving average is $9.60. The stock has a market capitalization of $1.66 billion, a PE ratio of 15.62 and a beta of 1.36. Arbor Realty Trust has a 1 year low of $7.11 and a 1 year high of $12.73.

Arbor Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 14.0%. The ex-dividend date of this dividend is Tuesday, March 10th. Arbor Realty Trust’s dividend payout ratio (DPR) is 218.18%.

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.