Barclays PLC Increases Stock Position in Armada Hoffler Properties, Inc. (NYSE:AHH)

Barclays PLC grew its stake in Armada Hoffler Properties, Inc. (NYSE:AHH) by 73.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 215,192 shares of the real estate investment trust’s stock after acquiring an additional 91,461 shares during the period. Barclays PLC’s holdings in Armada Hoffler Properties were worth $2,329,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC increased its holdings 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 purchasing an additional 140,964 shares during the last quarter. Vision Capital Corp acquired a new stake in shares of Armada Hoffler Properties in the third quarter valued at $11,913,000. Mesirow Institutional Investment Management Inc. raised its holdings in shares of Armada Hoffler Properties by 0.9% in the 2nd quarter. Mesirow Institutional Investment Management Inc. now owns 1,058,787 shares of the real estate investment trust’s stock valued at $11,742,000 after buying an additional 9,599 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Armada Hoffler Properties by 6.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 483,680 shares of the real estate investment trust’s stock worth $5,238,000 after acquiring an additional 29,977 shares in the last quarter. Finally, Millennium Management LLC boosted its holdings in Armada Hoffler Properties by 18.7% during the 2nd quarter. Millennium Management LLC now owns 349,756 shares of the real estate investment trust’s stock valued at $3,879,000 after acquiring an additional 55,094 shares during the period. 66.35% of the stock is owned by hedge funds and other institutional investors.

Armada Hoffler Properties Trading Up 1.4 %

AHH opened at $10.37 on Thursday. The business has a fifty day moving average price of $10.92 and a 200 day moving average price of $11.28. The company has a debt-to-equity ratio of 2.00, a current ratio of 7.17 and a quick ratio of 7.17. Armada Hoffler Properties, Inc. has a 12 month low of $10.02 and a 12 month high of $12.74. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of -49.38 and a beta of 1.03.

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 analyst estimates 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 period in the prior year, the firm posted $0.31 earnings per share. Sell-side analysts expect that Armada Hoffler Properties, Inc. will post 1.27 earnings per share for the current fiscal year.

Armada Hoffler Properties Dividend Announcement

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

Insider Buying and Selling

In other Armada Hoffler Properties news, Director Dennis H. Gartman bought 4,500 shares of the firm’s stock in a transaction that occurred on 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 completion of the purchase, the director now directly owns 31,649 shares in the company, valued at $343,391.65. This trade represents a 16.58 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 11.90% of the company’s stock.

Wall Street Analyst Weigh In

AHH has been the topic of a number of recent research reports. Stifel Nicolaus boosted their price target on shares of 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 shares of Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research note on Tuesday, October 22nd.

Armada Hoffler Properties 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.