24,842 Shares in Armada Hoffler Properties, Inc. (NYSE:AHH) Acquired by AXS Investments LLC

AXS Investments LLC purchased a new stake in shares of Armada Hoffler Properties, Inc. (NYSE:AHH) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 24,842 shares of the real estate investment trust’s stock, valued at approximately $307,000.

Several other large investors have also added to or reduced their stakes in AHH. Van ECK Associates Corp boosted its stake 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 worth $117,000 after acquiring an additional 1,552 shares during the period. Swiss National Bank lifted its holdings in Armada Hoffler Properties by 1.3% in the 3rd quarter. Swiss National Bank now owns 149,300 shares of the real estate investment trust’s stock worth $1,529,000 after purchasing an additional 1,900 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in Armada Hoffler Properties by 224.3% in the 4th quarter. Quadrant Capital Group LLC now owns 4,125 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 2,853 shares during the period. Federated Hermes Inc. grew its holdings in Armada Hoffler Properties by 1.5% during the 4th quarter. Federated Hermes Inc. now owns 207,498 shares of the real estate investment trust’s stock valued at $2,567,000 after buying an additional 3,078 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its position in shares of Armada Hoffler Properties by 10.1% during the third quarter. Teacher Retirement System of Texas now owns 41,754 shares of the real estate investment trust’s stock valued at $428,000 after buying an additional 3,847 shares during the last quarter. Hedge funds and other institutional investors own 66.35% of the company’s stock.

Armada Hoffler Properties Stock Up 0.4 %

AHH opened at $11.33 on Friday. The company has a market capitalization of $1.01 billion, a PE ratio of 125.90 and a beta of 0.97. The firm has a 50-day simple moving average of $10.74 and a two-hundred day simple moving average of $11.27. The company has a quick ratio of 9.54, a current ratio of 9.54 and a debt-to-equity ratio of 2.41. Armada Hoffler Properties, Inc. has a 52 week low of $9.81 and a 52 week high of $13.11.

Armada Hoffler Properties (NYSE:AHH) last announced its quarterly earnings results on Thursday, February 22nd. The real estate investment trust reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.59). Armada Hoffler Properties had a net margin of 2.76% and a return on equity of 2.96%. The firm had revenue of $186.75 million for the quarter, compared to the consensus estimate of $63.93 million. During the same period in the previous year, the company posted $0.35 earnings per share. Armada Hoffler Properties’s quarterly revenue was up 23.1% on a year-over-year basis. Analysts forecast that Armada Hoffler Properties, Inc. will post 1.25 earnings per share for the current fiscal year.

Insider Transactions at Armada Hoffler Properties

In other Armada Hoffler Properties news, Director Dennis H. Gartman purchased 4,500 shares of Armada Hoffler Properties stock in a transaction that occurred on Friday, March 15th. The shares were bought 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 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 at this hyperlink. In other news, insider Eric E. Apperson sold 40,000 shares of the business’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $11.59, for a total value of $463,600.00. Following the sale, the insider now directly owns 53,867 shares in the company, valued at approximately $624,318.53. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Dennis H. Gartman bought 4,500 shares of the firm’s stock in a transaction dated Friday, March 15th. The shares were 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 disclosure for this purchase can be found here. Insiders have bought 7,129 shares of company stock valued at $74,291 in the last ninety days. Corporate insiders own 11.90% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Armada Hoffler Properties from a “sell” rating to a “hold” rating in a research report on Thursday.

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.