Cortland Bancorp (CLDB)’s Insider Neil Kaback Paid for 1,000 Shares; Shorts at Arbor Realty Trust (ABR) Raised By 8%

Arbor Realty Trust, Inc. (NYSE:ABR) Logo

Arbor Realty Trust (NYSE:ABR) had an increase of 8% in short interest. ABR’s SI was 7.99M shares in May as released by FINRA. Its up 8% from 7.40 million shares previously. With 495,400 avg volume, 16 days are for Arbor Realty Trust (NYSE:ABR)’s short sellers to cover ABR’s short positions. The SI to Arbor Realty Trust’s float is 15.9%. The stock decreased 2.25% or $0.21 during the last trading session, reaching $9.12. About 5.09M shares traded or 602.99% up from the average. Arbor Realty Trust, Inc. (NYSE:ABR) has risen 6.98% since May 17, 2017 and is uptrending. It has underperformed by 4.57% the S&P500.

Arbor Realty Trust, Inc. (NYSE:ABR) Ratings Coverage

Among 6 analysts covering Arbor Realty Trust (NYSE:ABR), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Arbor Realty Trust had 10 analyst reports since November 9, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained it with “Hold” rating and $8.75 target in Thursday, August 17 report. The firm has “Hold” rating given on Friday, October 6 by Keefe Bruyette & Woods. The rating was initiated by J.P. Morgan with “Hold” on Thursday, December 21. Wood maintained the stock with “Market Perform” rating in Tuesday, August 16 report. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. Keefe Bruyette & Woods maintained Arbor Realty Trust, Inc. (NYSE:ABR) on Thursday, July 6 with “Hold” rating. Deutsche Bank maintained Arbor Realty Trust, Inc. (NYSE:ABR) rating on Monday, November 9. Deutsche Bank has “Buy” rating and $9.50 target. The rating was maintained by JMP Securities on Tuesday, August 23 with “Market Outperform”.

Investors sentiment increased to 2.21 in 2017 Q4. Its up 0.96, from 1.25 in 2017Q3. It is positive, as 6 investors sold Arbor Realty Trust, Inc. shares while 18 reduced holdings. 20 funds opened positions while 33 raised stakes. 30.24 million shares or 9.74% more from 27.55 million shares in 2017Q3 were reported. Credit Suisse Ag has 0% invested in Arbor Realty Trust, Inc. (NYSE:ABR) for 27,361 shares. Punch Assocs Mngmt has invested 0.86% in Arbor Realty Trust, Inc. (NYSE:ABR). Susquehanna Intl Gru Limited Liability Partnership holds 0% of its portfolio in Arbor Realty Trust, Inc. (NYSE:ABR) for 137,118 shares. 76,576 were accumulated by Menta Cap Limited Com. Moreover, Schwab Charles Investment Inc has 0% invested in Arbor Realty Trust, Inc. (NYSE:ABR). Salzhauer Michael holds 0.81% or 239,059 shares in its portfolio. Vanguard Group Inc invested in 2.18M shares. Bnp Paribas Arbitrage has invested 0% in Arbor Realty Trust, Inc. (NYSE:ABR). Massachusetts-based Fmr Llc has invested 0% in Arbor Realty Trust, Inc. (NYSE:ABR). Orinda Asset Mgmt Ltd Llc has invested 4.73% in Arbor Realty Trust, Inc. (NYSE:ABR). Clough Cap Prtn L P has invested 0.12% in Arbor Realty Trust, Inc. (NYSE:ABR). Pnc Financial Services Grp Inc accumulated 5,000 shares or 0% of the stock. Northwestern Mutual Wealth Management holds 0% or 750 shares in its portfolio. Citadel Advsrs Lc reported 0% in Arbor Realty Trust, Inc. (NYSE:ABR). Edge Wealth Mngmt Ltd reported 20,855 shares.

Arbor Realty Trust, Inc. invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. The company has market cap of $768.75 million. The firm primarily invests in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related notes and various mortgage-related securities. It has a 8.14 P/E ratio. It offers bridge financing products to borrowers who seek short-term capital to be used in an acquisition of property; mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower's equity in a transaction; junior participation financing in the form of a junior participating interest in the senior debt; and financing by making preferred equity investments in entities that directly or indirectly own real property.

More notable recent Arbor Realty Trust, Inc. (NYSE:ABR) news were published by: Globenewswire.com which released: “Arbor Realty Trust, Inc. Announces Public Offering of Common Stock” on May 15, 2018, also Streetinsider.com with their article: “Pre-Open Movers 05/16: (BOOT) (ABAX) (M) Higher; (VSTM) (SRAX) (ABR) Lower (more…)” published on May 16, 2018, Streetinsider.com published: “After-Hours Stock Movers 05/15: (BOOT) (TEVA) (ZSAN) Higher; (VSTM) (SRAX) (ABR) Lower (more…)” on May 15, 2018. More interesting news about Arbor Realty Trust, Inc. (NYSE:ABR) were released by: Benzinga.com and their article: “26 Stocks Moving In Wednesday’s Pre-Market Session” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Arbor Realty Trust’s (ABR) CEO Ivan Kaufman on Q1 2018 Results – Earnings Call Transcript” with publication date: May 04, 2018.

Since March 19, 2018, it had 2 insider buys, and 0 insider sales for $49,001 activity. 5,000 shares valued at $46,975 were bought by LAZAR MELVIN F on Tuesday, May 8.

Company insider, Neil Kaback, director of Cortland Bancorp Inc acquired a total of 1,000 shares of the corporation, at an average $21.5 for every share. He also bought 36 shares with a total value of about $801 USD in the last month. The probability of this deal remaining undiscovered is nil, with the director today holding 7,279 shares —- that is 0.16% of the stock market cap of the company.

Since January 2, 2018, it had 41 insider purchases, and 1 sale for $57,579 activity. Shares for $810 were bought by KABACK NEIL J on Thursday, March 1. The insider HOFFMAN JAMES E III bought 38 shares worth $798. Shares for $810 were bought by Langhenry Joseph P on Thursday, March 1. $1,008 worth of Cortland Bancorp (OTCMKTS:CLDB) was bought by THOMPSON RICHARD B. Another trade for 37 shares valued at $796 was made by Koch Joseph E on Thursday, February 1. The insider Lipke Michael P. sold 171 shares worth $3,634. On Thursday, May 3 the insider Vross Anthony R bought $1,001.

Cortland Bancorp operates as the bank holding firm for The Cortland Savings and Banking Company that provides commercial and retail banking services in Northeastern Ohio and Western Pennsylvania. The company has market cap of $93.96 million. The Company’s deposit products include demand deposits, savings, money market, time deposit, and checking accounts. It has a 21.53 P/E ratio. The company??s loan portfolio comprises commercial loans consisting of commercial, financial and agricultural loans, real estate construction and development loans, commercial real estate loans, small business lending, and trade financing; and consumer loans, such as residential real estate, home equity, and installment loans.

It closed at $21.25 lastly. It is down 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Arbor Realty Trust, Inc. (NYSE:ABR) Institutional Positions Chart