Arbor Realty Trust, Inc. (NYSE:ABR) was in 12 hedge funds’ portfolio at the end of March. ABR investors should be aware of an increase in hedge fund sentiment of late. There were 5 hedge funds in our database with ABR positions at the end of the previous quarter.
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Consequently, let’s take a glance at the key action surrounding Arbor Realty Trust, Inc. (NYSE:ABR).
How are hedge funds trading Arbor Realty Trust, Inc. (NYSE:ABR)?
At the end of the first quarter, a total of 12 of the hedge funds we track were long in this stock, a change of 140% from one quarter earlier. With the smart money’s sentiment swirling, there exists a few notable hedge fund managers who were increasing their stakes substantially.
As industrywide interest jumped, some big names have jumped into Arbor Realty Trust, Inc. (NYSE:ABR) headfirst. Royce & Associates, managed by Chuck Royce, assembled the most valuable position in Arbor Realty Trust, Inc. (NYSE:ABR). Royce & Associates had 2 million invested in the company at the end of the quarter. Brian Taylor’s Pine River Capital Management also made a $2 million investment in the stock during the quarter. The following funds were also among the new ABR investors: Jim Simons’s Renaissance Technologies, John Fichthorn’s Dialectic Capital Management, and Cliff Asness’s AQR Capital Management.
What do corporate executives and insiders think about Arbor Realty Trust, Inc. (NYSE:ABR)?
Insider buying is particularly usable when the primary stock in question has experienced transactions within the past half-year. Over the latest 180-day time frame, Arbor Realty Trust, Inc. (NYSE:ABR) has experienced 2 unique insiders purchasing, and 2 insider sales (see the details of insider trades here).
Let’s check out hedge fund and insider activity in other stocks similar to Arbor Realty Trust, Inc. (NYSE:ABR). These stocks are UMH Properties, Inc (NYSE:UMH), One Liberty Properties, Inc. (NYSE:OLP), Gramercy Capital Corp. (NYSE:GKK), Whitestone REIT (NYSE:WSR), and Gladstone Commercial Corporation (NASDAQ:GOOD). All of these stocks are in the reit – diversified industry and their market caps are closest to ABR’s market cap.
