Asset Management One Co. Ltd. Has $1.09 Million Position in Armada Hoffler Properties, Inc. (NYSE:AHH)

Asset Management One Co. Ltd. lifted its stake in shares of Armada Hoffler Properties, Inc. (NYSE:AHH) by 11.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 107,969 shares of the real estate investment trust’s stock after acquiring an additional 10,726 shares during the period. Asset Management One Co. Ltd. owned 0.11% of Armada Hoffler Properties worth $1,086,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC lifted its position in shares of Armada Hoffler Properties by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,765,811 shares of the real estate investment trust’s stock valued at $19,127,000 after acquiring an additional 56,777 shares during the period. FMR LLC lifted its position in shares of Armada Hoffler Properties by 6.4% during 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. lifted its position in shares of 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 during the period. HGI Capital Management LLC lifted its position in shares of 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 during the period. Finally, Barclays PLC lifted its position in shares of 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 valued at $2,329,000 after acquiring an additional 91,461 shares during the period. Institutional investors and hedge funds own 66.35% of the company’s stock.

Insider Transactions at Armada Hoffler Properties

In other news, Director Dennis H. Gartman bought 4,500 shares of Armada Hoffler Properties stock in a transaction dated Wednesday, December 11th. The stock was purchased at an average price of $10.85 per share, for a total transaction of $48,825.00. Following the purchase, the director now directly owns 31,649 shares in the company, valued at $343,391.65. The trade was a 16.58 % increase in their position. 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.

Armada Hoffler Properties Stock Performance

Shares of AHH stock opened at $9.00 on Friday. The firm has a market capitalization of $911.73 million, a PE ratio of -42.83 and a beta of 1.03. The firm has a fifty day simple moving average of $9.88 and a two-hundred day simple moving average of $10.83. 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, Inc. has a 12 month low of $8.92 and a 12 month high of $12.46.

Armada Hoffler Properties (NYSE:AHH) last announced its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.21. Armada Hoffler Properties had a negative net margin of 1.01% and a negative return on equity of 1.18%. The business had revenue of $62.95 million during the quarter, compared to analyst estimates of $66.67 million. Analysts forecast that Armada Hoffler Properties, Inc. will post 1.27 EPS for the current fiscal year.

Armada Hoffler Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Thursday, December 26th were paid a $0.205 dividend. The ex-dividend date was Thursday, December 26th. This represents a $0.82 annualized dividend and a dividend yield of 9.12%. Armada Hoffler Properties’s payout ratio is -390.46%.

Wall Street Analyst Weigh In

AHH has been the subject of a number of recent research reports. Scotiabank initiated coverage on shares of Armada Hoffler Properties in a research note on Tuesday, January 28th. They set a “sector perform” rating and a $11.00 price target for the company. Stifel Nicolaus boosted their price target on shares of 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 Company Profile

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.