Armada Hoffler Properties Inc. (NYSE:AHH) shares hit a new 52-week high on Monday . The stock traded as high as $15.15 and last traded at $15.04, with a volume of 264,490 shares traded. The stock had previously closed at $15.03.

Several research analysts have recently weighed in on AHH shares. Zacks Investment Research raised Armada Hoffler Properties from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a research note on Wednesday, May 18th. TheStreet upgraded Armada Hoffler Properties from a “sell” rating to a “buy” rating in a research report on Monday, May 9th. Finally, Stifel Nicolaus boosted their price target on Armada Hoffler Properties from $11.50 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, May 5th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Armada Hoffler Properties has an average rating of “Buy” and a consensus price target of $12.63.

The stock has a market capitalization of $687.23 million and a PE ratio of 12.99. The company has a 50 day moving average of $13.71 and a 200 day moving average of $11.83.

Armada Hoffler Properties (NYSE:AHH) last announced its earnings results on Tuesday, May 3rd. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.03. The company earned $23.28 million during the quarter, compared to analysts’ expectations of $22.16 million. On average, equities analysts predict that Armada Hoffler Properties Inc. will post $0.97 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, July 7th. Shareholders of record on Wednesday, June 29th were paid a $0.18 dividend. The ex-dividend date was Monday, June 27th. This represents a $0.72 annualized dividend and a dividend yield of 4.80%.

Armada Hoffler Properties, Inc is a real estate company engaged in developing, building, owning and managing institutional-grade office, retail and multifamily properties in markets across the Mid-Atlantic United States. The Company operates through four segments: office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services.

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