How Arbor Realty Trust, Inc. (ABR) Stacks Up Against Its Peers

Judging by the fact that Arbor Realty Trust, Inc. (NYSE:ABR) has sustained falling interest from the smart money, it’s safe to say that there is a sect of money managers who were dropping their entire stakes by the end of the third quarter. Interestingly, Dmitry Balyasny’s Balyasny Asset Management dropped the largest investment of all the investors tracked by Insider Monkey, valued at close to $0.3 million in stock. Ben Levine, Andrew Manuel and Stefan Renold’s fund, LMR Partners, also dumped its stock, about $0.2 million worth.

Let’s now take a look at hedge fund activity in other stocks similar to Arbor Realty Trust, Inc. (NYSE:ABR). These stocks are The York Water Company (NASDAQ:YORW), Moneygram International Inc (NYSE:MGI), IXYS Corporation (NASDAQ:IXYS), and Tesco Corporation (USA) (NASDAQ:TESO). All of these stocks’ market caps resemble ABR’s market cap.

As you can see these stocks had an average of 9 hedge funds with bullish positions and the average amount invested in these stocks was $41 million. That figure was $9 million in ABR’s case. Moneygram International Inc (NYSE:MGI) is the most popular stock in this table. On the other hand The York Water Company (NASDAQ:YORW) is the least popular one with only 5 bullish hedge fund positions. Arbor Realty Trust, Inc. (NYSE:ABR) is not the least popular stock in this group but hedge fund interest is still below average. This is a slightly negative signal and we’d rather spend our time researching stocks that hedge funds are piling on. In this regard MGI might be a better candidate to consider taking a long position in.

Disclosure: None