Armada Hoffler Properties (NYSE:AHH) Research Coverage Started at started coverage on shares of Armada Hoffler Properties (NYSE:AHHGet Rating) in a research note released on Thursday morning. The firm issued a hold rating on the real estate investment trust’s stock.

Armada Hoffler Properties Stock Down 3.0 %

Shares of AHH opened at $11.53 on Thursday. The company has a 50-day simple moving average of $12.53 and a 200-day simple moving average of $11.99. The firm has a market capitalization of $1.02 billion, a P/E ratio of 12.40, a P/E/G ratio of 7.95 and a beta of 0.92. The company has a debt-to-equity ratio of 1.52, a quick ratio of 11.10 and a current ratio of 11.10. Armada Hoffler Properties has a 52 week low of $10.04 and a 52 week high of $15.12.

Armada Hoffler Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 6th. Stockholders of record on Wednesday, March 29th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.59%. The ex-dividend date of this dividend is Tuesday, March 28th. Armada Hoffler Properties’s dividend payout ratio is currently 81.72%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AHH. Quadrant Capital Group LLC raised its position in shares of Armada Hoffler Properties by 191.4% during the fourth quarter. Quadrant Capital Group LLC now owns 2,783 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 1,828 shares during the last quarter. Federated Hermes Inc. acquired a new position in Armada Hoffler Properties in the first quarter worth about $35,000. Newbridge Financial Services Group Inc. acquired a new position in Armada Hoffler Properties in the third quarter worth about $62,000. Van ECK Associates Corp raised its position in Armada Hoffler Properties by 79.9% in the fourth quarter. Van ECK Associates Corp now owns 6,959 shares of the real estate investment trust’s stock worth $80,000 after purchasing an additional 3,091 shares in the last quarter. Finally, Captrust Financial Advisors acquired a new stake in shares of Armada Hoffler Properties during the second quarter worth approximately $100,000. Institutional investors and hedge funds own 67.03% of the company’s stock.

Armada Hoffler Properties Company Profile

(Get Rating)

Armada Hoffler Properties, Inc is a real estate company, which develops, builds, owns, and manages institutional-grade office, retail and multifamily properties in the Mid-Atlantic United States. It operates through the following segments: Office Real Estate, Retail Real Estate, Multifamily Residential Real Estate, and General Contracting and Real Estate Services.

Further Reading

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