Swiss National Bank boosted its stake in shares of Armada Hoffler Properties, Inc. (NYSE:AHH) by 20.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 72,500 shares of the real estate investment trust’s stock after acquiring an additional 12,500 shares during the quarter. Swiss National Bank owned about 0.12% of Armada Hoffler Properties worth $939,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of AHH. Great West Life Assurance Co. Can lifted its position in Armada Hoffler Properties by 9.1% during the 1st quarter. Great West Life Assurance Co. Can now owns 40,587 shares of the real estate investment trust’s stock worth $564,000 after acquiring an additional 3,400 shares during the period. Bank of New York Mellon Corp lifted its position in Armada Hoffler Properties by 3.3% during the 1st quarter. Bank of New York Mellon Corp now owns 339,710 shares of the real estate investment trust’s stock worth $4,719,000 after acquiring an additional 10,869 shares during the period. UBS Asset Management Americas Inc. acquired a new stake in Armada Hoffler Properties during the 1st quarter worth approximately $193,000. Sei Investments Co. lifted its position in Armada Hoffler Properties by 9.1% during the 1st quarter. Sei Investments Co. now owns 36,885 shares of the real estate investment trust’s stock worth $512,000 after acquiring an additional 3,088 shares during the period. Finally, Parametric Portfolio Associates LLC lifted its position in Armada Hoffler Properties by 0.7% during the 1st quarter. Parametric Portfolio Associates LLC now owns 189,371 shares of the real estate investment trust’s stock worth $2,630,000 after acquiring an additional 1,392 shares during the period. 81.41% of the stock is owned by institutional investors.

Armada Hoffler Properties, Inc. (AHH) opened at 14.17 on Wednesday. The stock has a market capitalization of $889.55 million, a P/E ratio of 28.98 and a beta of 0.54. The stock’s 50 day moving average price is $13.71 and its 200-day moving average price is $13.56. Armada Hoffler Properties, Inc. has a 52 week low of $12.66 and a 52 week high of $14.98.

Armada Hoffler Properties (NYSE:AHH) last issued its earnings results on Tuesday, August 1st. The real estate investment trust reported $0.25 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.25. Armada Hoffler Properties had a return on equity of 7.02% and a net margin of 8.04%. The company had revenue of $26.76 million during the quarter, compared to the consensus estimate of $27.18 million. During the same period in the previous year, the firm posted $0.26 earnings per share. Armada Hoffler Properties’s quarterly revenue was up 10.4% compared to the same quarter last year. Equities research analysts expect that Armada Hoffler Properties, Inc. will post $0.41 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 5th. Stockholders of record on Wednesday, September 27th were given a dividend of $0.19 per share. The ex-dividend date was Tuesday, September 26th. This represents a $0.76 annualized dividend and a dividend yield of 5.36%. Armada Hoffler Properties’s dividend payout ratio is presently 158.34%.

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A number of analysts have weighed in on AHH shares. Stifel Nicolaus cut Armada Hoffler Properties from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $14.50 to $14.00 in a research report on Thursday, June 22nd. ValuEngine cut Armada Hoffler Properties from a “buy” rating to a “hold” rating in a research report on Tuesday, June 27th. BidaskClub cut Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research report on Saturday, July 8th. FBR & Co reaffirmed an “outperform” rating and set a $15.00 price objective on shares of Armada Hoffler Properties in a research report on Tuesday, July 11th. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $15.00 price objective on shares of Armada Hoffler Properties in a research report on Friday, July 14th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $14.70.

Armada Hoffler Properties Company Profile

Armada Hoffler Properties, Inc is a real estate company. The Company is engaged in developing, building, owning and managing institutional-grade office, retail and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. In addition to the ownership of its operating property portfolio, the Company develops and builds properties for its own account and through joint ventures between the Company and unaffiliated partners.

Institutional Ownership by Quarter for Armada Hoffler Properties (NYSE:AHH)

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