Armada Hoffler Properties Inc (NYSE:AHH)‘s stock had its “buy” rating reiterated by research analysts at B. Riley in a report issued on Thursday.

Other equities analysts also recently issued reports about the company. TheStreet upgraded Armada Hoffler Properties from a “c+” rating to a “b” rating in a research report on Tuesday. BidaskClub upgraded Armada Hoffler Properties from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Bank of America Corporation initiated coverage on Armada Hoffler Properties in a research report on Wednesday, September 6th. They set a “buy” rating and a $15.00 price objective for the company. FBR & Co restated a “buy” rating on shares of Armada Hoffler Properties in a research report on Tuesday, October 3rd. Finally, ValuEngine upgraded Armada Hoffler Properties from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Armada Hoffler Properties has a consensus rating of “Buy” and an average price target of $14.92.

Armada Hoffler Properties (NYSE:AHH) traded down $0.05 during trading on Thursday, reaching $14.46. The company’s stock had a trading volume of 248,989 shares, compared to its average volume of 270,414. The company has a quick ratio of 16.75, a current ratio of 10.44 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $903.85, a P/E ratio of 14.38, a PEG ratio of 4.31 and a beta of 0.55. Armada Hoffler Properties has a 1 year low of $12.65 and a 1 year high of $14.98.

Armada Hoffler Properties (NYSE:AHH) last posted its earnings results on Tuesday, October 31st. The real estate investment trust reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. The firm had revenue of $27.10 million during the quarter, compared to the consensus estimate of $27.06 million. Armada Hoffler Properties had a return on equity of 6.36% and a net margin of 7.78%. The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period last year, the company earned $0.26 earnings per share. equities research analysts forecast that Armada Hoffler Properties will post 0.99 EPS for the current year.

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Several institutional investors and hedge funds have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. raised its position in shares of Armada Hoffler Properties by 2.5% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 12,341 shares of the real estate investment trust’s stock worth $160,000 after acquiring an additional 306 shares during the last quarter. California Public Employees Retirement System grew its stake in Armada Hoffler Properties by 0.3% during the first quarter. California Public Employees Retirement System now owns 117,800 shares of the real estate investment trust’s stock worth $1,636,000 after purchasing an additional 400 shares during the period. Navellier & Associates Inc grew its stake in Armada Hoffler Properties by 0.7% during the second quarter. Navellier & Associates Inc now owns 59,964 shares of the real estate investment trust’s stock worth $777,000 after purchasing an additional 407 shares during the period. Legal & General Group Plc grew its stake in Armada Hoffler Properties by 12.1% during the first quarter. Legal & General Group Plc now owns 8,958 shares of the real estate investment trust’s stock worth $123,000 after purchasing an additional 967 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its stake in Armada Hoffler Properties by 1.2% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 81,975 shares of the real estate investment trust’s stock worth $1,062,000 after purchasing an additional 980 shares during the period. Institutional investors own 81.26% of the company’s stock.

Armada Hoffler Properties Company Profile

Armada Hoffler Properties, Inc is a real estate company. The Company is engaged in developing, building, owning and managing institutional-grade office, retail and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. In addition to the ownership of its operating property portfolio, the Company develops and builds properties for its own account and through joint ventures between the Company and unaffiliated partners.

Analyst Recommendations for Armada Hoffler Properties (NYSE:AHH)

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