Armada Hoffler Properties (NYSE:AHH) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Armada Hoffler Properties, Inc. (NYSE:AHH) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $6.84 and traded as low as $6.81. Armada Hoffler Properties shares last traded at $6.8650, with a volume of 1,120,824 shares traded.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AHH. Weiss Ratings restated a “sell (d)” rating on shares of Armada Hoffler Properties in a research report on Monday, December 29th. Jefferies Financial Group raised Armada Hoffler Properties to a “strong-buy” rating in a report on Tuesday, October 28th. Scotiabank boosted their price objective on Armada Hoffler Properties from $7.00 to $7.50 and gave the stock a “sector perform” rating in a research note on Wednesday, January 14th. Wall Street Zen downgraded Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Finally, UBS Group set a $7.50 price target on shares of Armada Hoffler Properties in a research report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $8.10.

Armada Hoffler Properties Trading Down 0.1%

The business has a fifty day moving average price of $6.71 and a two-hundred day moving average price of $6.84. The company has a current ratio of 7.14, a quick ratio of 7.14 and a debt-to-equity ratio of 2.35. The firm has a market capitalization of $711.76 million, a PE ratio of 36.13 and a beta of 1.04.

Armada Hoffler Properties (NYSE:AHH) last posted its earnings results on Monday, November 3rd. The real estate investment trust reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.03. The company had revenue of $72.15 million for the quarter, compared to analysts’ expectations of $66.23 million. Armada Hoffler Properties had a net margin of 6.77% and a return on equity of 4.43%. Armada Hoffler Properties has set its FY 2025 guidance at 1.030-1.070 EPS. Analysts expect that Armada Hoffler Properties, Inc. will post 1.05 EPS for the current fiscal year.

Armada Hoffler Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Wednesday, December 31st were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 8.2%. The ex-dividend date was Wednesday, December 31st. Armada Hoffler Properties’s dividend payout ratio (DPR) is 294.74%.

Institutional Investors Weigh In On Armada Hoffler Properties

A number of institutional investors have recently modified their holdings of the company. Invesco Ltd. boosted its holdings in Armada Hoffler Properties by 10.9% during the 3rd quarter. Invesco Ltd. now owns 2,218,775 shares of the real estate investment trust’s stock valued at $15,554,000 after acquiring an additional 218,167 shares during the period. Geode Capital Management LLC boosted its stake in shares of Armada Hoffler Properties by 2.2% in the second quarter. Geode Capital Management LLC now owns 2,152,724 shares of the real estate investment trust’s stock valued at $14,791,000 after purchasing an additional 46,173 shares during the period. Qube Research & Technologies Ltd grew its holdings in shares of Armada Hoffler Properties by 46.8% in the second quarter. Qube Research & Technologies Ltd now owns 1,557,017 shares of the real estate investment trust’s stock valued at $10,697,000 after purchasing an additional 496,620 shares in the last quarter. Brown Advisory Inc. increased its stake in Armada Hoffler Properties by 3,588.7% during the 2nd quarter. Brown Advisory Inc. now owns 1,115,054 shares of the real estate investment trust’s stock worth $7,660,000 after buying an additional 1,084,825 shares during the period. Finally, Berman McAleer LLC purchased a new stake in Armada Hoffler Properties during the 3rd quarter worth approximately $7,317,000. 66.35% of the stock is owned by institutional investors and hedge funds.

Armada Hoffler Properties Company Profile

Armada Hoffler Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of retail, office and mixed-use properties. The company’s portfolio primarily comprises neighborhood and community shopping centers, urban infill retail sites and select office buildings located in high-growth markets. Armada Hoffler also provides in-house property management and leasing services, leveraging its vertically integrated platform to enhance asset value and tenant satisfaction.

Founded on a legacy of commercial real estate development dating back to the 1970s, Armada Hoffler went public in 2016 through a strategic combination of private real estate entities.