Armada Hoffler Properties (NYSE:AHH) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of Armada Hoffler Properties, Inc. (NYSE:AHH) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $6.84 and traded as low as $6.81. Armada Hoffler Properties shares last traded at $6.8650, with a volume of 1,120,824 shares traded.

Analyst Ratings Changes

AHH has been the subject of a number of research reports. Jefferies Financial Group raised Armada Hoffler Properties to a “strong-buy” rating in a report on Tuesday, October 28th. Scotiabank lifted their price objective on shares of Armada Hoffler Properties from $7.00 to $7.50 and gave the company a “sector perform” rating in a research note on Wednesday, January 14th. Weiss Ratings reiterated a “sell (d)” rating on shares of Armada Hoffler Properties in a research note on Monday, December 29th. Wall Street Zen downgraded shares of Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Finally, UBS Group set a $7.50 price target on Armada Hoffler Properties in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Armada Hoffler Properties currently has an average rating of “Hold” and an average target price of $8.10.

Armada Hoffler Properties Stock Performance

The firm’s 50 day moving average is $6.71 and its 200-day moving average is $6.84. The stock has a market capitalization of $711.76 million, a price-to-earnings ratio of 36.13 and a beta of 1.04. The company has a debt-to-equity ratio of 2.35, a quick ratio of 7.14 and a current ratio of 7.14.

Armada Hoffler Properties (NYSE:AHH) last issued its quarterly earnings data on Monday, November 3rd. The real estate investment trust reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.03. Armada Hoffler Properties had a net margin of 6.77% and a return on equity of 4.43%. The business had revenue of $72.15 million during the quarter, compared to the consensus estimate of $66.23 million. Armada Hoffler Properties has set its FY 2025 guidance at 1.030-1.070 EPS. Analysts forecast that Armada Hoffler Properties, Inc. will post 1.05 earnings per share for the current fiscal year.

Armada Hoffler Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend was Wednesday, December 31st. Armada Hoffler Properties’s dividend payout ratio is presently 294.74%.

Hedge Funds Weigh In On Armada Hoffler Properties

A number of large investors have recently added to or reduced their stakes in AHH. Amundi lifted its holdings in 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 purchasing an additional 2,465 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Armada Hoffler Properties by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,791 shares of the real estate investment trust’s stock worth $351,000 after purchasing an additional 2,015 shares during the last quarter. Jane Street Group LLC lifted its stake in Armada Hoffler Properties by 268.6% in the 1st quarter. Jane Street Group LLC now owns 71,905 shares of the real estate investment trust’s stock valued at $540,000 after buying an additional 52,397 shares in the last quarter. Strs Ohio acquired a new stake in Armada Hoffler Properties in the 1st quarter worth about $111,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Armada Hoffler Properties by 217.3% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 35,817 shares of the real estate investment trust’s stock worth $256,000 after buying an additional 24,530 shares in the last quarter. 66.35% of the stock is currently owned by institutional investors and hedge funds.

About Armada Hoffler Properties

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.