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

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Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in 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 (SEC). The firm bought 73,232 shares of the real estate investment trust's stock, valued at approximately $550,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of Armada Hoffler Properties as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also made changes to their positions in AHH. GAMMA Investing LLC raised its position in Armada Hoffler Properties by 250.1% in the first quarter. GAMMA Investing LLC now owns 5,535 shares of the real estate investment trust's stock worth $420,000 after purchasing an additional 3,954 shares in the last quarter. Summit Investment Advisors Inc. raised its position in Armada Hoffler Properties by 23.2% in the fourth quarter. Summit Investment Advisors Inc. now owns 8,248 shares of the real estate investment trust's stock worth $84,000 after purchasing an additional 1,551 shares in the last quarter. Quantinno Capital Management LP acquired a new position in Armada Hoffler Properties in the fourth quarter worth about $115,000. Focus Partners Wealth raised its position in Armada Hoffler Properties by 28.2% in the fourth quarter. Focus Partners Wealth now owns 13,332 shares of the real estate investment trust's stock worth $136,000 after purchasing an additional 2,931 shares in the last quarter. Finally, Bank of Montreal Can raised its position in Armada Hoffler Properties by 21.0% in the fourth quarter. Bank of Montreal Can now owns 14,417 shares of the real estate investment trust's stock worth $147,000 after purchasing an additional 2,502 shares in the last quarter. Institutional investors own 66.35% of the company's stock.

Armada Hoffler Properties Trading Down 2.2%

Shares of NYSE AHH opened at $6.68 on Friday. The company's fifty day moving average is $7.00 and its 200-day moving average is $7.70. The stock has a market cap of $676.82 million, a price-to-earnings ratio of 83.51 and a beta of 1.12. Armada Hoffler Properties, Inc. has a twelve month low of $6.10 and a twelve month high of $12.46. The company has a quick ratio of 12.47, a current ratio of 12.47 and a debt-to-equity ratio of 2.03.

Armada Hoffler Properties (NYSE:AHH - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $0.25 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.01). The company had revenue of $63.80 million during the quarter, compared to the consensus estimate of $63.18 million. Armada Hoffler Properties had a net margin of 3.24% and a return on equity of 2.98%. Equities research analysts predict that Armada Hoffler Properties, Inc. will post 1.05 EPS for the current year.

Armada Hoffler Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 8th. Shareholders of record on Monday, June 30th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 8.4%. The ex-dividend date was Monday, June 30th. Armada Hoffler Properties's payout ratio is presently 700.00%.

Wall Street Analyst Weigh In

AHH has been the subject of several recent research reports. Scotiabank dropped 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 report on Wednesday, April 16th. Jefferies Financial Group began coverage on shares of Armada Hoffler Properties in a report on Friday, June 27th. They set a "buy" rating and a $8.00 price objective for the company. Finally, Stifel Nicolaus lowered their price target 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.

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.

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