Armada Hoffler Properties, Inc. (NYSE:AHH) Shares Bought by Yousif Capital Management LLC

Yousif Capital Management LLC raised its stake in Armada Hoffler Properties, Inc. (NYSE:AHH) by 10.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,848 shares of the real estate investment trust’s stock after purchasing an additional 2,779 shares during the quarter. Yousif Capital Management LLC’s holdings in Armada Hoffler Properties were worth $305,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings in shares of Armada Hoffler Properties by 3.3% during the third quarter. Geode Capital Management LLC now owns 1,765,811 shares of the real estate investment trust’s stock worth $19,127,000 after purchasing an additional 56,777 shares during the period. FMR LLC increased its position in Armada Hoffler Properties by 6.4% in the 3rd quarter. FMR LLC now owns 2,337,275 shares of the real estate investment trust’s stock valued at $25,313,000 after acquiring an additional 140,964 shares during the period. JPMorgan Chase & Co. raised its stake in Armada Hoffler Properties by 18.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 622,095 shares of the real estate investment trust’s stock valued at $6,737,000 after acquiring an additional 97,642 shares in the last quarter. HGI Capital Management LLC raised its stake in Armada Hoffler Properties by 44.4% during the 3rd quarter. HGI Capital Management LLC now owns 250,000 shares of the real estate investment trust’s stock valued at $2,708,000 after acquiring an additional 76,919 shares in the last quarter. Finally, Barclays PLC boosted its position in Armada Hoffler Properties by 73.9% during the 3rd quarter. Barclays PLC now owns 215,192 shares of the real estate investment trust’s stock worth $2,329,000 after acquiring an additional 91,461 shares during the period. Hedge funds and other institutional investors own 66.35% of the company’s stock.

Insider Buying and Selling at Armada Hoffler Properties

In other news, Director Dennis H. Gartman acquired 4,500 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was acquired at an average cost of $10.85 per share, for a total transaction of $48,825.00. Following the completion of the acquisition, the director now owns 31,649 shares in the company, valued at approximately $343,391.65. The trade was a 16.58 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 11.90% of the company’s stock.

Wall Street Analyst Weigh In

AHH has been the topic of several research analyst reports. StockNews.com cut shares of Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research note on Tuesday, October 22nd. Scotiabank assumed coverage on Armada Hoffler Properties in a research note on Tuesday, January 28th. They issued a “sector perform” rating and a $11.00 price objective on the stock. Finally, Stifel Nicolaus raised their target price on Armada Hoffler Properties from $12.50 to $12.75 and gave the company a “buy” rating in a research note on Tuesday, November 5th.

Armada Hoffler Properties Stock Down 1.5 %

Shares of NYSE:AHH opened at $9.49 on Tuesday. The firm has a 50 day simple moving average of $9.99 and a 200 day simple moving average of $10.87. Armada Hoffler Properties, Inc. has a 52 week low of $9.26 and a 52 week high of $12.46. The company has a debt-to-equity ratio of 2.00, a quick ratio of 7.17 and a current ratio of 7.17. The company has a market cap of $961.40 million, a PE ratio of -45.16 and a beta of 1.03.

Armada Hoffler Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 26th were paid a $0.205 dividend. This represents a $0.82 annualized dividend and a yield of 8.65%. The ex-dividend date of this dividend was Thursday, December 26th. Armada Hoffler Properties’s dividend payout ratio is currently -390.46%.

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.