16,503 Shares in Armada Hoffler Properties, Inc. $AHH Bought by Abel Hall LLC

Abel Hall LLC purchased a new position in Armada Hoffler Properties, Inc. (NYSE:AHH) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 16,503 shares of the real estate investment trust’s stock, valued at approximately $113,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in Armada Hoffler Properties by 464.9% in the 2nd quarter. GAMMA Investing LLC now owns 4,163 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 3,426 shares in the last quarter. Crossingbridge Advisors LLC acquired a new stake in Armada Hoffler Properties during the 1st quarter worth $38,000. Virtu Financial LLC acquired a new stake in Armada Hoffler Properties during the 1st quarter worth $83,000. Magnetar Financial LLC acquired a new stake in Armada Hoffler Properties during the 1st quarter worth $94,000. Finally, Strs Ohio acquired a new stake in Armada Hoffler Properties during the 1st quarter worth $111,000. Hedge funds and other institutional investors own 66.35% of the company’s stock.

Armada Hoffler Properties Trading Down 0.3%

Shares of AHH stock opened at $6.75 on Thursday. The company’s 50-day moving average price is $7.09 and its 200-day moving average price is $7.03. The company has a current ratio of 8.66, a quick ratio of 8.66 and a debt-to-equity ratio of 2.23. The stock has a market cap of $699.73 million, a price-to-earnings ratio of 56.25 and a beta of 1.12. Armada Hoffler Properties, Inc. has a twelve month low of $6.10 and a twelve month high of $11.35.

Armada Hoffler Properties (NYSE:AHH) last announced its quarterly earnings results on Monday, August 4th. The real estate investment trust reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01). The firm had revenue of $65.15 million for the quarter, compared to analyst estimates of $63.29 million. Armada Hoffler Properties had a net margin of 4.39% and a return on equity of 3.40%. Armada Hoffler Properties has set its FY 2025 guidance at 1.000-1.100 EPS. As a group, equities analysts predict that Armada Hoffler Properties, Inc. will post 1.05 earnings per share for the current year.

Armada Hoffler Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Wednesday, September 24th were given a $0.14 dividend. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a $0.56 dividend on an annualized basis and a yield of 8.3%. Armada Hoffler Properties’s dividend payout ratio is presently 466.67%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on AHH shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Armada Hoffler Properties in a research note on Wednesday. Jefferies Financial Group started coverage on shares of Armada Hoffler Properties in a research note on Friday, June 27th. They set a “buy” rating and a $8.00 target price on the stock. Finally, Bank of America lowered their target price on shares of Armada Hoffler Properties from $7.50 to $7.00 and set an “underperform” rating on the stock in a research note on Monday, August 25th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $8.38.

Armada Hoffler Properties Profile

Armada Hoffler Properties, Inc (the “Company”) is a vertically integrated, self-managed real estate investment trust (“REIT”) with over four decades of experience developing, building, acquiring, and managing high-quality retail, office, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States.