SG Americas Securities LLC Purchases 20,394 Shares of Armada Hoffler Properties, Inc. (NYSE:AHH)

SG Americas Securities LLC boosted its holdings in shares of Armada Hoffler Properties, Inc. (NYSE:AHH) by 94.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,926 shares of the real estate investment trust’s stock after purchasing an additional 20,394 shares during the period. SG Americas Securities LLC’s holdings in Armada Hoffler Properties were worth $429,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC grew its stake in Armada Hoffler Properties by 3.3% during the third quarter. Geode Capital Management LLC now owns 1,765,811 shares of the real estate investment trust’s stock worth $19,127,000 after purchasing an additional 56,777 shares during the period. FMR LLC increased its stake in shares of Armada Hoffler Properties by 6.4% in the 3rd quarter. FMR LLC now owns 2,337,275 shares of the real estate investment trust’s stock valued at $25,313,000 after acquiring an additional 140,964 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Armada Hoffler Properties by 18.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 622,095 shares of the real estate investment trust’s stock valued at $6,737,000 after acquiring an additional 97,642 shares during the period. HGI Capital Management LLC boosted its stake in Armada Hoffler Properties by 44.4% during the third quarter. HGI Capital Management LLC now owns 250,000 shares of the real estate investment trust’s stock worth $2,708,000 after acquiring an additional 76,919 shares in the last quarter. Finally, Barclays PLC grew its holdings in Armada Hoffler Properties by 73.9% in the third quarter. Barclays PLC now owns 215,192 shares of the real estate investment trust’s stock worth $2,329,000 after purchasing an additional 91,461 shares during the period. Institutional investors own 66.35% of the company’s stock.

Insider Activity at Armada Hoffler Properties

In other news, Director Dennis H. Gartman bought 4,500 shares of the stock in a transaction on Wednesday, December 11th. The shares were acquired at an average cost of $10.85 per share, for a total transaction of $48,825.00. Following the purchase, the director now directly owns 31,649 shares of the company’s stock, valued at $343,391.65. This trade represents a 16.58 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 11.90% of the stock is currently owned by company insiders.

Armada Hoffler Properties Trading Up 1.0 %

NYSE:AHH opened at $9.79 on Monday. The firm has a market cap of $992.31 million, a price-to-earnings ratio of -46.62 and a beta of 1.03. 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 firm has a 50-day moving average price of $10.30 and a two-hundred day moving average price of $11.04. Armada Hoffler Properties, Inc. has a 52 week low of $9.26 and a 52 week high of $12.46.

Armada Hoffler Properties (NYSE:AHH) last released its earnings results on Monday, November 4th. The real estate investment trust reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $65.01 million. During the same period in the prior year, the company earned $0.31 earnings per share. The firm’s revenue was up 9.1% on a year-over-year basis. On average, equities analysts expect that Armada Hoffler Properties, Inc. will post 1.27 earnings per share for the current fiscal year.

Armada Hoffler Properties Dividend Announcement

The company also recently disclosed 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 annualized dividend and a yield of 8.38%. The ex-dividend date of this dividend was Thursday, December 26th. Armada Hoffler Properties’s dividend payout ratio (DPR) is currently -390.46%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. StockNews.com cut shares of Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, October 22nd. Stifel Nicolaus increased their price target on Armada Hoffler Properties from $12.50 to $12.75 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Finally, Scotiabank initiated coverage on shares of Armada Hoffler Properties in a research report on Tuesday, January 28th. They issued a “sector perform” rating and a $11.00 price target for the company.

Armada Hoffler Properties 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.