StockNews.com Upgrades Armada Hoffler Properties (NYSE:AHH) to Sell

Armada Hoffler Properties (NYSE:AHH - Get Free Report) was upgraded by analysts at StockNews.com to a "sell" rating in a research note issued on Saturday.

Armada Hoffler Properties Stock Performance

AHH stock traded up $0.10 during trading on Friday, reaching $10.83. The stock had a trading volume of 449,816 shares, compared to its average volume of 353,343. The firm has a market cap of $957.16 million, a PE ratio of -216.56 and a beta of 0.97. The company has a current ratio of 9.55, a quick ratio of 9.55 and a debt-to-equity ratio of 2.35. The stock's 50 day moving average is $10.45 and its two-hundred day moving average is $11.14. Armada Hoffler Properties has a 52 week low of $9.81 and a 52 week high of $13.11.

Armada Hoffler Properties (NYSE:AHH - Get Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The real estate investment trust reported ($0.27) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by ($0.59). The business had revenue of $186.75 million during the quarter, compared to analysts' expectations of $63.93 million. Armada Hoffler Properties had a return on equity of 1.09% and a net margin of 1.12%. The business's quarterly revenue was up 23.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.35 EPS. As a group, equities analysts anticipate that Armada Hoffler Properties will post 1.24 earnings per share for the current year.

Insider Activity at Armada Hoffler Properties

In related news, Director Dennis H. Gartman purchased 4,500 shares of Armada Hoffler Properties stock in a transaction on Friday, March 15th. The stock was acquired at an average price of $10.37 per share, for a total transaction of $46,665.00. Following the completion of the transaction, the director now directly owns 12,005 shares in the company, valued at approximately $124,491.85. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders have purchased 7,129 shares of company stock worth $74,291. Corporate insiders own 11.90% of the company's stock.

Hedge Funds Weigh In On Armada Hoffler Properties

Large investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC raised its position in shares of Armada Hoffler Properties by 224.3% during the 4th quarter. Quadrant Capital Group LLC now owns 4,125 shares of the real estate investment trust's stock valued at $51,000 after purchasing an additional 2,853 shares during the period. C M Bidwell & Associates Ltd. bought a new stake in Armada Hoffler Properties during the third quarter valued at about $62,000. Van ECK Associates Corp lifted its position in shares of Armada Hoffler Properties by 19.7% in the fourth quarter. Van ECK Associates Corp now owns 9,441 shares of the real estate investment trust's stock valued at $117,000 after acquiring an additional 1,552 shares in the last quarter. Quadrature Capital Ltd bought a new position in shares of Armada Hoffler Properties in the third quarter worth about $143,000. Finally, Jump Financial LLC purchased a new stake in shares of Armada Hoffler Properties during the third quarter worth about $191,000. Hedge funds and other institutional investors own 66.35% of the company's stock.

Armada Hoffler Properties Company 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.