Armada Hoffler Properties, Inc. (NYSE:AHH) Shares Bought by Adams Asset Advisors LLC

Adams Asset Advisors LLC raised its stake in Armada Hoffler Properties, Inc. (NYSE:AHH - Free Report) by 37.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 195,080 shares of the real estate investment trust's stock after acquiring an additional 52,681 shares during the quarter. Adams Asset Advisors LLC owned approximately 0.19% of Armada Hoffler Properties worth $1,996,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quest Partners LLC boosted its holdings in shares of Armada Hoffler Properties by 261.2% during the second quarter. Quest Partners LLC now owns 12,915 shares of the real estate investment trust's stock worth $143,000 after purchasing an additional 9,339 shares during the last quarter. Dimensional Fund Advisors LP acquired a new position in shares of Armada Hoffler Properties during the 2nd quarter valued at about $367,000. Hsbc Holdings PLC lifted its holdings in shares of Armada Hoffler Properties by 23.3% during the 2nd quarter. Hsbc Holdings PLC now owns 69,219 shares of the real estate investment trust's stock worth $763,000 after acquiring an additional 13,102 shares during the period. Intech Investment Management LLC acquired a new stake in shares of Armada Hoffler Properties in the second quarter worth approximately $169,000. Finally, Sei Investments Co. grew its holdings in Armada Hoffler Properties by 24.1% in the second quarter. Sei Investments Co. now owns 290,852 shares of the real estate investment trust's stock valued at $3,226,000 after purchasing an additional 56,486 shares during the period. 66.35% of the stock is currently owned by hedge funds and other institutional investors.

Armada Hoffler Properties Stock Up 0.3 %

Shares of NYSE:AHH traded up $0.03 during midday trading on Monday, hitting $9.73. 592,313 shares of the company's stock traded hands, compared to its average volume of 589,544. The firm's fifty day moving average price is $10.66 and its two-hundred day moving average price is $11.19. The company has a debt-to-equity ratio of 2.00, a quick ratio of 7.17 and a current ratio of 7.17. Armada Hoffler Properties, Inc. has a twelve month low of $9.52 and a twelve month high of $12.46. The company has a market cap of $986.23 million, a PE ratio of -46.33 and a beta of 1.03.

Armada Hoffler Properties (NYSE:AHH - Get Free Report) last issued 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 company's revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.31 EPS. On average, equities research analysts anticipate that Armada Hoffler Properties, Inc. will post 1.27 EPS for the current fiscal year.

Armada Hoffler Properties Announces Dividend

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 8.43%. Armada Hoffler Properties's dividend payout ratio (DPR) is presently -390.48%.

Analyst Ratings Changes

A number of equities analysts have weighed in on AHH shares. StockNews.com downgraded shares of Armada Hoffler Properties from a "hold" rating to a "sell" rating in a research note on Tuesday, October 22nd. Stifel Nicolaus raised their price objective on Armada Hoffler Properties from $12.50 to $12.75 and gave the stock a "buy" rating in a report on Tuesday, November 5th.

Insider Activity at Armada Hoffler Properties

In related news, Director Dennis H. Gartman bought 4,500 shares of the company's stock in a transaction dated Wednesday, December 11th. The stock was bought at an average price of $10.85 per share, with a total value of $48,825.00. Following the transaction, the director now owns 31,649 shares of the company's stock, valued at approximately $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 SEC, which can be accessed through this link. Company insiders own 11.90% of the company's stock.

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.