Knights of Columbus Asset Advisors LLC Increases Holdings in Armada Hoffler Properties, Inc. (NYSE:AHH)

Knights of Columbus Asset Advisors LLC grew its position in shares of Armada Hoffler Properties, Inc. (NYSE:AHH - Free Report) by 94.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 346,559 shares of the real estate investment trust's stock after acquiring an additional 168,426 shares during the quarter. Knights of Columbus Asset Advisors LLC owned 0.39% of Armada Hoffler Properties worth $4,287,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. increased its position in Armada Hoffler Properties by 14.3% during the 1st quarter. BlackRock Inc. now owns 12,943,240 shares of the real estate investment trust's stock worth $188,971,000 after buying an additional 1,622,030 shares during the period. Vanguard Group Inc. raised its position in Armada Hoffler Properties by 2.2% in the third quarter. Vanguard Group Inc. now owns 8,079,954 shares of the real estate investment trust's stock valued at $83,869,000 after purchasing an additional 170,266 shares during the last quarter. State Street Corp raised its position in Armada Hoffler Properties by 4.7% in the second quarter. State Street Corp now owns 3,771,846 shares of the real estate investment trust's stock valued at $49,049,000 after purchasing an additional 168,838 shares during the last quarter. Macquarie Group Ltd. raised its position in shares of Armada Hoffler Properties by 2.4% during the first quarter. Macquarie Group Ltd. now owns 3,583,147 shares of the real estate investment trust's stock worth $42,317,000 after acquiring an additional 84,970 shares during the last quarter. Finally, FMR LLC raised its position in shares of Armada Hoffler Properties by 3.0% during the first quarter. FMR LLC now owns 1,755,218 shares of the real estate investment trust's stock worth $20,729,000 after acquiring an additional 50,498 shares during the last quarter. Institutional investors and hedge funds own 66.35% of the company's stock.

Insider Buying and Selling

In related news, Director Dennis H. Gartman bought 4,500 shares of the company's stock in a transaction that occurred on Friday, March 15th. The stock was bought at an average cost of $10.37 per share, for a total transaction of $46,665.00. Following the acquisition, the director now directly owns 12,005 shares of the company's stock, valued at approximately $124,491.85. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders acquired a total of 7,129 shares of company stock worth $74,291 over the last ninety days. 11.70% of the stock is owned by corporate insiders.

Armada Hoffler Properties Trading Up 2.6 %

AHH stock traded up $0.27 during mid-day trading on Friday, reaching $10.50. The company's stock had a trading volume of 392,512 shares, compared to its average volume of 453,189. The company has a market cap of $927.99 million, a price-to-earnings ratio of -209.96 and a beta of 0.99. The business's 50 day moving average price is $10.59 and its 200 day moving average price is $11.13. The company has a current ratio of 9.55, a quick ratio of 9.55 and a debt-to-equity ratio of 2.35. Armada Hoffler Properties, Inc. has a 12 month low of $9.81 and a 12 month high of $13.11.

Armada Hoffler Properties (NYSE:AHH - Get Free Report) last announced its earnings results on Thursday, February 22nd. The real estate investment trust reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.59). The company had revenue of $186.75 million for the quarter, compared to analysts' expectations of $63.93 million. Armada Hoffler Properties had a net margin of 1.12% and a return on equity of 1.09%. The firm's quarterly revenue was up 23.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.35 EPS. On average, equities research analysts predict that Armada Hoffler Properties, Inc. will post 1.24 EPS for the current year.

Armada Hoffler Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Wednesday, March 27th were given a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 7.81%. This is a boost from Armada Hoffler Properties's previous quarterly dividend of $0.20. The ex-dividend date was Tuesday, March 26th. Armada Hoffler Properties's payout ratio is presently -1,639.67%.

Armada Hoffler Properties Profile

Armada Hoffler NYSE: AHH is a vertically-integrated, self-managed real estate investment trust 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.