Armada Hoffler Properties (NYSE:AHH - Get Free Report)'s stock had its "hold (c-)" rating reiterated by investment analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.
Several other analysts have also commented on AHH. Jefferies Financial Group initiated coverage on Armada Hoffler Properties in a research note on Friday, June 27th. They issued a "buy" rating and a $8.00 price target on the stock. Bank of America reduced their price objective on Armada Hoffler Properties from $7.50 to $7.00 and set an "underperform" rating on the stock in a research note on Monday, August 25th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $8.38.
Check Out Our Latest Analysis on AHH
Armada Hoffler Properties Price Performance
AHH stock traded down $0.01 during trading on Wednesday, hitting $6.77. The company had a trading volume of 152,395 shares, compared to its average volume of 870,012. The company has a fifty day moving average price of $7.09 and a two-hundred day moving average price of $7.04. The company has a current ratio of 8.66, a quick ratio of 8.66 and a debt-to-equity ratio of 2.23. The company has a market cap of $701.26 million, a P/E ratio of 56.38 and a beta of 1.12. Armada Hoffler Properties has a fifty-two week low of $6.10 and a fifty-two week high of $11.35.
Armada Hoffler Properties (NYSE:AHH - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. 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 $65.15 million during the quarter, compared to analyst estimates of $63.29 million. Armada Hoffler Properties had a net margin of 4.39% and a return on equity of 3.40%. Armada Hoffler Properties has set its FY 2025 guidance at 1.000-1.100 EPS. Equities research analysts expect that Armada Hoffler Properties will post 1.05 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Armada Hoffler Properties
A number of institutional investors and hedge funds have recently added to or reduced their stakes in AHH. Brown Advisory Inc. increased its holdings in Armada Hoffler Properties by 3,588.7% in the second quarter. Brown Advisory Inc. now owns 1,115,054 shares of the real estate investment trust's stock valued at $7,660,000 after purchasing an additional 1,084,825 shares during the last quarter. Nuveen LLC bought a new stake in Armada Hoffler Properties in the first quarter valued at about $7,323,000. Sound Income Strategies LLC increased its holdings in Armada Hoffler Properties by 58.3% in the first quarter. Sound Income Strategies LLC now owns 1,400,581 shares of the real estate investment trust's stock valued at $10,518,000 after purchasing an additional 515,999 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Armada Hoffler Properties by 40.2% in the first quarter. Invesco Ltd. now owns 1,769,541 shares of the real estate investment trust's stock worth $13,289,000 after acquiring an additional 507,502 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its holdings in shares of Armada Hoffler Properties by 46.8% in the second quarter. Qube Research & Technologies Ltd now owns 1,557,017 shares of the real estate investment trust's stock worth $10,697,000 after acquiring an additional 496,620 shares in the last quarter. Institutional investors own 66.35% of the company's stock.
Armada Hoffler Properties Company Profile
(
Get Free Report)
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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