Universal Beteiligungs und Servicegesellschaft mbH Acquires New Holdings in Armada Hoffler Properties, Inc. (NYSE:AHH)

Key Points

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Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Armada Hoffler Properties, Inc. (NYSE:AHH - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 73,232 shares of the real estate investment trust's stock, valued at approximately $550,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.07% of Armada Hoffler Properties as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its holdings in Armada Hoffler Properties by 250.1% during the 1st quarter. GAMMA Investing LLC now owns 5,535 shares of the real estate investment trust's stock worth $420,000 after acquiring an additional 3,954 shares in the last quarter. Summit Investment Advisors Inc. boosted its holdings in shares of Armada Hoffler Properties by 23.2% in the 4th quarter. Summit Investment Advisors Inc. now owns 8,248 shares of the real estate investment trust's stock valued at $84,000 after buying an additional 1,551 shares in the last quarter. Quantinno Capital Management LP acquired a new position in shares of Armada Hoffler Properties in the 4th quarter valued at $115,000. Focus Partners Wealth boosted its holdings in shares of Armada Hoffler Properties by 28.2% in the 4th quarter. Focus Partners Wealth now owns 13,332 shares of the real estate investment trust's stock valued at $136,000 after buying an additional 2,931 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of Armada Hoffler Properties by 21.0% in the 4th quarter. Bank of Montreal Can now owns 14,417 shares of the real estate investment trust's stock valued at $147,000 after buying an additional 2,502 shares in the last quarter. Institutional investors and hedge funds own 66.35% of the company's stock.

Armada Hoffler Properties Stock Performance

Armada Hoffler Properties stock traded up $0.05 during trading hours on Wednesday, reaching $6.80. 314,987 shares of the stock were exchanged, compared to its average volume of 953,500. The stock has a market cap of $688.47 million, a P/E ratio of 56.63 and a beta of 1.12. The company has a debt-to-equity ratio of 2.03, a quick ratio of 12.47 and a current ratio of 12.47. Armada Hoffler Properties, Inc. has a 52-week low of $6.10 and a 52-week high of $12.46. The firm's 50 day moving average is $6.99 and its 200 day moving average is $7.66.

Armada Hoffler Properties (NYSE:AHH - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The real estate investment trust reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.01). The firm had revenue of $65.15 million for the quarter, compared to analysts' expectations of $63.29 million. Armada Hoffler Properties had a return on equity of 3.38% and a net margin of 4.39%. Analysts predict that Armada Hoffler Properties, Inc. will post 1.05 EPS for the current fiscal year.

Armada Hoffler Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 8th. Stockholders of record on Monday, June 30th were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date was Monday, June 30th. Armada Hoffler Properties's dividend payout ratio (DPR) is currently 700.00%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on AHH shares. Jefferies Financial Group started coverage on shares of Armada Hoffler Properties in a report on Friday, June 27th. They issued a "buy" rating and a $8.00 target price for the company. Stifel Nicolaus lowered their target price on shares of Armada Hoffler Properties from $12.25 to $10.50 and set a "buy" rating for the company in a report on Thursday, May 8th. Finally, Scotiabank decreased their price target on shares of 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.

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.