Armada Hoffler Properties, Inc. $AHH Shares Acquired by AlphaQuest LLC

AlphaQuest LLC increased its position in shares of Armada Hoffler Properties, Inc. (NYSE:AHH) by 108.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 231,726 shares of the real estate investment trust’s stock after purchasing an additional 120,352 shares during the quarter. AlphaQuest LLC owned 0.22% of Armada Hoffler Properties worth $1,624,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of AHH. GAMMA Investing LLC increased its position in shares of Armada Hoffler Properties by 464.9% in the second quarter. GAMMA Investing LLC now owns 4,163 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 3,426 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in Armada Hoffler Properties by 172.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,919 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 5,015 shares during the last quarter. Inscription Capital LLC purchased a new position in Armada Hoffler Properties during the 3rd quarter valued at about $72,000. Pinnacle Wealth Planning Services Inc. acquired a new position in Armada Hoffler Properties during the second quarter worth about $77,000. Finally, Callan Family Office LLC purchased a new stake in shares of Armada Hoffler Properties in the second quarter valued at about $83,000. 66.35% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on AHH shares. Weiss Ratings reissued a “sell (d)” rating on shares of Armada Hoffler Properties in a research note on Monday, December 29th. UBS Group set a $7.50 price target on Armada Hoffler Properties in a research report on Wednesday, January 14th. Wall Street Zen downgraded Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Scotiabank increased their price objective on Armada Hoffler Properties from $7.00 to $7.50 and gave the company a “sector perform” rating in a research note on Wednesday, January 14th. Finally, Jefferies Financial Group raised shares of Armada Hoffler Properties to a “strong-buy” rating in a research note on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Armada Hoffler Properties has an average rating of “Hold” and an average price target of $8.10.

Armada Hoffler Properties Price Performance

Shares of NYSE:AHH opened at $6.98 on Friday. The company has a market cap of $723.69 million, a P/E ratio of 36.74 and a beta of 1.04. The business has a fifty day simple moving average of $6.75 and a 200-day simple moving average of $6.83. Armada Hoffler Properties, Inc. has a 52 week low of $6.01 and a 52 week high of $9.80. The company has a quick ratio of 7.14, a current ratio of 7.14 and a debt-to-equity ratio of 2.35.

Armada Hoffler Properties (NYSE:AHH) last issued its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.03. The firm had revenue of $72.15 million for the quarter, compared to analyst estimates of $66.23 million. Armada Hoffler Properties had a return on equity of 4.43% and a net margin of 6.77%.Armada Hoffler Properties has set its FY 2025 guidance at 1.030-1.070 EPS. Equities research analysts forecast that Armada Hoffler Properties, Inc. will post 1.05 EPS for the current year.

Armada Hoffler Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Wednesday, December 31st were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date was Wednesday, December 31st. Armada Hoffler Properties’s payout ratio is presently 294.74%.

Armada Hoffler Properties Profile

Armada Hoffler Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of retail, office and mixed-use properties. The company’s portfolio primarily comprises neighborhood and community shopping centers, urban infill retail sites and select office buildings located in high-growth markets. Armada Hoffler also provides in-house property management and leasing services, leveraging its vertically integrated platform to enhance asset value and tenant satisfaction.

Founded on a legacy of commercial real estate development dating back to the 1970s, Armada Hoffler went public in 2016 through a strategic combination of private real estate entities.