Armada Hoffler Properties Inc (NYSE:AHH) CEO Louis S. Haddad purchased 15,000 shares of the company’s stock in a transaction on Thursday, February 8th. The stock was acquired at an average price of $13.17 per share, with a total value of $197,550.00. Following the completion of the purchase, the chief executive officer now directly owns 282,221 shares in the company, valued at $3,716,850.57. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

Armada Hoffler Properties Inc (NYSE:AHH) traded down $0.02 during midday trading on Monday, hitting $13.13. The stock had a trading volume of 471,315 shares, compared to its average volume of 374,125. The company has a quick ratio of 10.44, a current ratio of 9.59 and a debt-to-equity ratio of 1.23. The company has a market cap of $590.92, a P/E ratio of 26.26, a P/E/G ratio of 3.75 and a beta of 0.46. Armada Hoffler Properties Inc has a 52-week low of $12.65 and a 52-week high of $16.00.

Armada Hoffler Properties (NYSE:AHH) last posted its earnings results on Tuesday, February 6th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.15). The firm had revenue of $27.65 million for the quarter, compared to the consensus estimate of $27.44 million. Armada Hoffler Properties had a net margin of 8.42% and a return on equity of 6.23%. The firm’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.25 earnings per share. equities analysts expect that Armada Hoffler Properties Inc will post 1.03 EPS for the current fiscal year.

Several research firms have weighed in on AHH. Zacks Investment Research downgraded Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research note on Monday, January 8th. Raymond James Financial restated a “market perform” rating on shares of Armada Hoffler Properties in a research note on Monday, January 8th. Citigroup downgraded Armada Hoffler Properties to a “market perform” rating in a research note on Monday, January 8th. They noted that the move was a valuation call. B. Riley restated a “buy” rating on shares of Armada Hoffler Properties in a research note on Thursday, November 2nd. Finally, TheStreet downgraded Armada Hoffler Properties from a “b” rating to a “c+” rating in a research note on Friday, January 5th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Armada Hoffler Properties presently has an average rating of “Buy” and an average target price of $15.20.

Several hedge funds and other institutional investors have recently bought and sold shares of AHH. Schwab Charles Investment Management Inc. boosted its position in shares of Armada Hoffler Properties by 34.7% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 171,447 shares of the real estate investment trust’s stock valued at $2,221,000 after acquiring an additional 44,155 shares during the last quarter. Swiss National Bank boosted its position in shares of Armada Hoffler Properties by 20.8% during the 2nd quarter. Swiss National Bank now owns 72,500 shares of the real estate investment trust’s stock valued at $939,000 after acquiring an additional 12,500 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Armada Hoffler Properties by 8.7% during the 2nd quarter. Wells Fargo & Company MN now owns 121,709 shares of the real estate investment trust’s stock valued at $1,576,000 after acquiring an additional 9,756 shares during the last quarter. Teachers Advisors LLC boosted its position in shares of Armada Hoffler Properties by 20.1% during the 2nd quarter. Teachers Advisors LLC now owns 81,514 shares of the real estate investment trust’s stock valued at $1,056,000 after acquiring an additional 13,632 shares during the last quarter. Finally, Ameriprise Financial Inc. bought a new position in shares of Armada Hoffler Properties during the 2nd quarter valued at approximately $3,072,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

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Armada Hoffler Properties Company Profile

Armada Hoffler Properties, Inc is a real estate company. The Company is engaged in developing, building, owning and managing institutional-grade office, retail and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. In addition to the ownership of its operating property portfolio, the Company develops and builds properties for its own account and through joint ventures between the Company and unaffiliated partners.

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