Aristotle Capital Boston LLC Sells 103,855 Shares of Armada Hoffler Properties, Inc. $AHRT

Aristotle Capital Boston LLC lowered its holdings in shares of Armada Hoffler Properties, Inc. (NYSE:AHRT) by 9.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 979,978 shares of the real estate investment trust’s stock after selling 103,855 shares during the period. Aristotle Capital Boston LLC owned about 0.95% of Armada Hoffler Properties worth $6,487,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of AHRT. Amundi raised its stake in shares of Armada Hoffler Properties by 5.9% during the first quarter. Amundi now owns 44,107 shares of the real estate investment trust’s stock valued at $305,000 after acquiring an additional 2,465 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Armada Hoffler Properties by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,791 shares of the real estate investment trust’s stock valued at $351,000 after acquiring an additional 2,015 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Armada Hoffler Properties by 268.6% during the first quarter. Jane Street Group LLC now owns 71,905 shares of the real estate investment trust’s stock valued at $540,000 after acquiring an additional 52,397 shares during the last quarter. Strs Ohio bought a new position in shares of Armada Hoffler Properties during the first quarter valued at $111,000. Finally, Creative Planning bought a new position in shares of Armada Hoffler Properties during the second quarter valued at $339,000. Institutional investors own 66.35% of the company’s stock.

Armada Hoffler Properties Trading Down 2.0%

AHRT opened at $6.61 on Thursday. Armada Hoffler Properties, Inc. has a 1-year low of $5.13 and a 1-year high of $7.71. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 2.26. The company has a market cap of $665.39 million, a P/E ratio of -19.43 and a beta of 1.08. The company has a fifty day moving average price of $6.42 and a two-hundred day moving average price of $6.44.

Armada Hoffler Properties (NYSE:AHRT) last posted its quarterly earnings results on Monday, May 4th. The real estate investment trust reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.29). Armada Hoffler Properties had a negative net margin of 6.87% and a positive return on equity of 0.91%. The company had revenue of $40.06 million during the quarter, compared to the consensus estimate of $52.43 million. Armada Hoffler Properties has set its FY 2026 guidance at 0.510-0.550 EPS. Analysts predict that Armada Hoffler Properties, Inc. will post 0.58 EPS for the current fiscal year.

Armada Hoffler Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 24th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, June 24th. This represents a $0.56 annualized dividend and a dividend yield of 8.5%. Armada Hoffler Properties’s payout ratio is presently -164.71%.

Armada Hoffler Properties announced that its board has approved a stock repurchase program on Thursday, May 14th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the real estate investment trust to repurchase up to 15% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Zacks Research raised shares of Armada Hoffler Properties from a “strong sell” rating to a “hold” rating in a research note on Friday, April 17th. Scotiabank lowered their target price on shares of Armada Hoffler Properties from $7.50 to $7.00 and set a “sector perform” rating for the company in a research note on Tuesday, March 17th. Weiss Ratings raised shares of Armada Hoffler Properties from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, May 12th. Wall Street Zen raised shares of Armada Hoffler Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 23rd. Finally, Stifel Nicolaus lowered their target price on shares of Armada Hoffler Properties from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $7.50.

Armada Hoffler Properties Profile

Armada Hoffler Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of retail, office and mixed-use properties. The company’s portfolio primarily comprises neighborhood and community shopping centers, urban infill retail sites and select office buildings located in high-growth markets. Armada Hoffler also provides in-house property management and leasing services, leveraging its vertically integrated platform to enhance asset value and tenant satisfaction.

Founded on a legacy of commercial real estate development dating back to the 1970s, Armada Hoffler went public in 2016 through a strategic combination of private real estate entities.