BNP Paribas Financial Markets Purchases 121,465 Shares of Armada Hoffler Properties, Inc. (NYSE:AHH)

BNP Paribas Financial Markets lifted its holdings in shares of Armada Hoffler Properties, Inc. (NYSE:AHH - Free Report) by 167.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 193,925 shares of the real estate investment trust's stock after buying an additional 121,465 shares during the period. BNP Paribas Financial Markets owned approximately 0.19% of Armada Hoffler Properties worth $1,984,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Barclays PLC lifted its position in shares of Armada Hoffler Properties by 73.9% during the 3rd quarter. Barclays PLC now owns 215,192 shares of the real estate investment trust's stock valued at $2,329,000 after buying an additional 91,461 shares in the last quarter. Albert D Mason Inc. lifted its holdings in Armada Hoffler Properties by 43.3% during the fourth quarter. Albert D Mason Inc. now owns 181,974 shares of the real estate investment trust's stock valued at $1,862,000 after purchasing an additional 55,012 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Armada Hoffler Properties by 94.7% in the fourth quarter. SG Americas Securities LLC now owns 41,926 shares of the real estate investment trust's stock worth $429,000 after purchasing an additional 20,394 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Armada Hoffler Properties by 14.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 129,458 shares of the real estate investment trust's stock worth $1,324,000 after purchasing an additional 16,558 shares in the last quarter. Finally, Inspire Investing LLC raised its position in shares of Armada Hoffler Properties by 21.3% during the 4th quarter. Inspire Investing LLC now owns 46,207 shares of the real estate investment trust's stock valued at $473,000 after purchasing an additional 8,104 shares during the period. 66.35% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AHH has been the subject of a number of analyst reports. Scotiabank cut their price target on Armada Hoffler Properties from $10.00 to $8.00 and set a "sector perform" rating for the company in a research note on Wednesday, April 16th. Stifel Nicolaus decreased their target price on Armada Hoffler Properties from $12.25 to $10.50 and set a "buy" rating on the stock in a research note on Thursday, May 8th.

Insider Transactions at Armada Hoffler Properties

In related news, Director A Russell Kirk purchased 50,000 shares of the company's stock in a transaction that occurred on Tuesday, March 25th. The stock was bought at an average price of $7.73 per share, for a total transaction of $386,500.00. Following the completion of the transaction, the director now owns 119,430 shares in the company, valued at approximately $923,193.90. The trade was a 72.01% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have acquired a total of 90,954 shares of company stock worth $699,607 in the last three months. Insiders own 10.20% of the company's stock.

Armada Hoffler Properties Price Performance

Shares of Armada Hoffler Properties stock traded up $0.03 during trading on Thursday, reaching $6.85. 421,700 shares of the stock traded hands, compared to its average volume of 742,735. The company has a debt-to-equity ratio of 1.56, a current ratio of 8.81 and a quick ratio of 7.17. The company has a market capitalization of $693.54 million, a price-to-earnings ratio of 21.39 and a beta of 1.09. Armada Hoffler Properties, Inc. has a 52-week low of $6.10 and a 52-week high of $12.46. The business has a fifty day simple moving average of $7.07 and a two-hundred day simple moving average of $9.02.

Armada Hoffler Properties (NYSE:AHH - Get Free Report) last posted its earnings results on Wednesday, May 7th. The real estate investment trust reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.01). Armada Hoffler Properties had a net margin of 5.99% and a return on equity of 5.96%. The firm had revenue of $63.80 million for the quarter, compared to the consensus estimate of $63.18 million. Sell-side analysts expect that Armada Hoffler Properties, Inc. will post 1.05 EPS for the current year.

Armada Hoffler Properties Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 26th were paid a $0.14 dividend. The ex-dividend date was Wednesday, March 26th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 8.18%. Armada Hoffler Properties's payout ratio is currently 700.00%.

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.