Arbor Realty Trust (NYSE:ABR).
Millennium Management LLC raised its investment in Arbor Realty Trust by 2.4% as of the end of the last quarter. Its stake was worth $9,848,000 an increase of $71,000 according to the filing.
These firms have modified their investment in ABR. Two Sigma Investments, Lp trimmed its position by selling 204,568 shares a decrease of 32.6% in the quarter. Two Sigma Investments, Lp claims 422,190 shares worth $3,462,000. The value of the position overall is down by 33.8%. As of quarter end Renaissance Technologies LLC had sold 28,685 shares trimming its stake by 36.4%. The value of the total investment in Arbor Realty Trust decreased from $5,817,000 to $3,638,000 decreasing 37.5% quarter over quarter.
Millennium Management LLC bolstered its holdings by buying 28,685 shares an increase of 2.4% from 06/30/2017 to 09/30/2017. Millennium Management LLC now holds 1,200,947 shares with a value of $9,848,000. The total value of its holdings increased 0.7%. Millennium Management LLC augmented its investment by buying 253,804 shares an increase of 2.4% as of 09/30/2017. Millennium Management LLC controls 1,200,947 shares valued at $9,848,000. The total value of its holdings increased 0.7%.
Punch & Associates Investment Management, Inc. expanded its ownership by buying 34,867 shares an increase of 3.1%. Punch & Associates Investment Management, Inc. currently owns 1,148,857 shares with a value of $9,421,000. The value of the position overall is up by 1.4%.
The company is trading up since yesterday’s close of 8.22. The most current P/E ratio is 8.26 and the market value is 515.83M. In the latest earnings report the EPS was $1.01 with 61.70M shares presently outstanding.
Investors are a little more bearish on Arbor Realty Trust if you pay attention to the motion in short interest. The company had a rise in short interest between October 13, 2017 and October 31, 2017 of 12.32%. Short shares increased 202,239 over that period. Days to cover decreased 0.0 to 5.0 and the percentage of shorted shares was 0.03% on October 31.