Armada Hoffler Properties (AHH) Rating Lowered to Hold at ValuEngine

Armada Hoffler Properties (NYSE:AHH) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.

Several other research analysts have also commented on AHH. Citigroup lowered shares of 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. Raymond James restated a “market perform” rating on shares of Armada Hoffler Properties in a research note on Monday, January 8th. Zacks Investment Research lowered shares of Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research note on Monday, January 8th. Finally, TheStreet lowered shares of Armada Hoffler Properties from a “b” rating to a “c+” rating in a research note on Friday, January 5th. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $15.20.

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Shares of NYSE AHH traded down $0.23 during trading hours on Monday, hitting $13.17. 315,329 shares of the stock were exchanged, compared to its average volume of 310,321. The company has a quick ratio of 9.59, a current ratio of 9.59 and a debt-to-equity ratio of 1.23. The firm has a market cap of $604.34, a PE ratio of 13.30, a price-to-earnings-growth ratio of 3.17 and a beta of 0.49. Armada Hoffler Properties has a 12 month low of $12.65 and a 12 month high of $16.00.



Armada Hoffler Properties (NYSE:AHH) last posted its quarterly earnings data on Tuesday, February 6th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate 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 return on equity of 6.23% and a net margin of 8.42%. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.25 EPS. equities research analysts anticipate that Armada Hoffler Properties will post 1.03 earnings per share for the current fiscal year.

In related news, CEO Louis S. Haddad purchased 15,000 shares of the business’s stock in a transaction on Thursday, February 8th. The shares were acquired at an average price of $13.17 per share, for a total transaction of $197,550.00. Following the purchase, the chief executive officer now owns 282,221 shares of the company’s stock, valued at approximately $3,716,850.57. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 16.59% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. MetLife Investment Advisors LLC purchased a new stake in shares of Armada Hoffler Properties in the 4th quarter valued at $305,000. Macquarie Group Ltd. purchased a new stake in shares of Armada Hoffler Properties in the 4th quarter valued at $14,627,000. Millennium Management LLC purchased a new stake in shares of Armada Hoffler Properties in the 4th quarter valued at $1,523,000. Two Sigma Advisers LP boosted its holdings in shares of Armada Hoffler Properties by 31.9% in the 4th quarter. Two Sigma Advisers LP now owns 112,342 shares of the real estate investment trust’s stock valued at $1,745,000 after acquiring an additional 27,200 shares during the last quarter. Finally, Deutsche Bank AG boosted its holdings in shares of Armada Hoffler Properties by 183.9% in the 4th quarter. Deutsche Bank AG now owns 158,402 shares of the real estate investment trust’s stock valued at $2,456,000 after acquiring an additional 102,598 shares during the last quarter. 80.31% of the stock is currently owned by institutional investors and hedge funds.

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Armada Hoffler Properties Company Profile

Armada Hoffler Properties, Inc (NYSE:AHH) is a vertically-integrated, self-managed real estate investment trust ("REIT") with nearly four decades of experience developing, building, acquiring and managing high-quality, institutional-grade office, retail and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States.

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Analyst Recommendations for Armada Hoffler Properties (NYSE:AHH)

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