Albert D Mason Inc. Boosts Stock Position in Armada Hoffler Properties, Inc. (NYSE:AHH)

Albert D Mason Inc. boosted its holdings in Armada Hoffler Properties, Inc. (NYSE:AHH - Free Report) by 43.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 181,974 shares of the real estate investment trust's stock after purchasing an additional 55,012 shares during the quarter. Armada Hoffler Properties comprises 1.2% of Albert D Mason Inc.'s investment portfolio, making the stock its 21st largest holding. Albert D Mason Inc. owned 0.18% of Armada Hoffler Properties worth $1,862,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Adams Asset Advisors LLC lifted its position in Armada Hoffler Properties by 37.0% during the 4th quarter. Adams Asset Advisors LLC now owns 195,080 shares of the real estate investment trust's stock worth $1,996,000 after acquiring an additional 52,681 shares during the period. Sterneck Capital Management LLC raised its stake in shares of Armada Hoffler Properties by 15.9% during the fourth quarter. Sterneck Capital Management LLC now owns 91,310 shares of the real estate investment trust's stock worth $934,000 after purchasing an additional 12,550 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Armada Hoffler Properties by 18.6% during the third quarter. JPMorgan Chase & Co. now owns 622,095 shares of the real estate investment trust's stock worth $6,737,000 after purchasing an additional 97,642 shares during the period. Franklin Resources Inc. grew its position in Armada Hoffler Properties by 8.9% in the 3rd quarter. Franklin Resources Inc. now owns 1,932,663 shares of the real estate investment trust's stock valued at $20,989,000 after buying an additional 158,625 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Armada Hoffler Properties by 3.3% in the 3rd quarter. Geode Capital Management LLC now owns 1,765,811 shares of the real estate investment trust's stock valued at $19,127,000 after buying an additional 56,777 shares during the period. Institutional investors and hedge funds own 66.35% of the company's stock.

Armada Hoffler Properties Price Performance

NYSE:AHH traded down $0.04 during trading hours on Friday, hitting $9.77. The company's stock had a trading volume of 536,451 shares, compared to its average volume of 969,964. Armada Hoffler Properties, Inc. has a 52-week low of $9.26 and a 52-week high of $12.46. The company has a debt-to-equity ratio of 2.00, a quick ratio of 7.17 and a current ratio of 7.17. The business's 50-day moving average is $10.54 and its two-hundred day moving average is $11.15. The company has a market capitalization of $990.59 million, a PE ratio of -46.54 and a beta of 1.03.

Armada Hoffler Properties (NYSE:AHH - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The real estate investment trust reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.31 by ($0.42). Armada Hoffler Properties had a negative net margin of 1.01% and a negative return on equity of 1.18%. The company had revenue of $68.60 million during the quarter, compared to analyst estimates of $65.01 million. During the same quarter last year, the business earned $0.31 EPS. The firm's revenue for the quarter was up 9.1% on a year-over-year basis. As a group, 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 declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 26th were issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 8.39%. The ex-dividend date was Thursday, December 26th. Armada Hoffler Properties's dividend payout ratio is currently -390.46%.

Insider Activity at Armada Hoffler Properties

In other Armada Hoffler Properties news, Director Dennis H. Gartman purchased 4,500 shares of Armada Hoffler Properties stock in a transaction on Wednesday, December 11th. The shares were bought at an average price of $10.85 per share, with a total value of $48,825.00. Following the completion of the acquisition, the director now directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 11.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

AHH has been the subject of several recent analyst reports. Stifel Nicolaus raised their target price 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 report on Tuesday, October 22nd.

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.