Armada Hoffler Properties, Inc. (NYSE:AHH) Shares Bought by Barclays PLC

Barclays PLC boosted its holdings in shares of Armada Hoffler Properties, Inc. (NYSE:AHH) by 73.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 215,192 shares of the real estate investment trust’s stock after purchasing an additional 91,461 shares during the quarter. Barclays PLC owned approximately 0.21% of Armada Hoffler Properties worth $2,329,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Point72 DIFC Ltd purchased a new position in shares of Armada Hoffler Properties during the 2nd quarter valued at approximately $46,000. KBC Group NV lifted its holdings in Armada Hoffler Properties by 66.0% during the third quarter. KBC Group NV now owns 4,934 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 1,962 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Armada Hoffler Properties in the second quarter valued at about $55,000. Quarry LP increased its stake in shares of Armada Hoffler Properties by 446.4% during the second quarter. Quarry LP now owns 5,863 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 4,790 shares in the last quarter. Finally, Versor Investments LP acquired a new position in shares of Armada Hoffler Properties during the 3rd quarter worth about $108,000. 66.35% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Armada Hoffler Properties news, Director Dennis H. Gartman acquired 4,500 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was bought at an average cost of $10.85 per share, for a total transaction of $48,825.00. Following the completion of the transaction, the director now owns 31,649 shares of the company’s stock, valued at approximately $343,391.65. The trade was a 16.58 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 11.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on AHH shares. Stifel Nicolaus boosted their price objective on Armada Hoffler Properties from $12.50 to $12.75 and gave the stock a “buy” rating in a research note on Tuesday, November 5th. StockNews.com downgraded Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research note on Tuesday, October 22nd.

Armada Hoffler Properties Stock Up 1.4 %

AHH stock opened at $10.37 on Thursday. The company has a market cap of $1.05 billion, a price-to-earnings ratio of -49.38 and a beta of 1.03. The firm has a 50-day moving average of $10.92 and a two-hundred day moving average of $11.28. Armada Hoffler Properties, Inc. has a 12 month low of $10.02 and a 12 month high of $12.74. The company has a current ratio of 7.17, a quick ratio of 7.17 and a debt-to-equity ratio of 2.00.

Armada Hoffler Properties (NYSE:AHH) last announced its quarterly earnings data on Monday, November 4th. The real estate investment trust reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.42). The company had revenue of $68.60 million for the quarter, compared to analysts’ expectations of $65.01 million. Armada Hoffler Properties had a negative return on equity of 1.18% and a negative net margin of 1.01%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.31 EPS. As a group, analysts forecast that Armada Hoffler Properties, Inc. will post 1.27 earnings per share for the current fiscal year.

Armada Hoffler Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Thursday, December 26th will be issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 7.91%. The ex-dividend date of this dividend is Thursday, December 26th. Armada Hoffler Properties’s dividend payout ratio is currently -390.48%.

About Armada Hoffler Properties

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.