Armada Hoffler Properties, Inc. (NYSE:AHH) Shares Acquired by Sumitomo Mitsui Trust Holdings Inc.

Sumitomo Mitsui Trust Holdings Inc. lifted its position in Armada Hoffler Properties, Inc. (NYSE:AHH) by 12.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,883 shares of the real estate investment trust’s stock after acquiring an additional 9,180 shares during the period. Sumitomo Mitsui Trust Holdings Inc.’s holdings in Armada Hoffler Properties were worth $1,001,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Armada Hoffler Properties by 17.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 35,138 shares of the real estate investment trust’s stock valued at $360,000 after acquiring an additional 5,231 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Armada Hoffler Properties by 5.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,427,358 shares of the real estate investment trust’s stock valued at $14,616,000 after purchasing an additional 77,025 shares during the last quarter. Invesco Ltd. lifted its position in Armada Hoffler Properties by 11.8% during the third quarter. Invesco Ltd. now owns 1,138,976 shares of the real estate investment trust’s stock worth $11,663,000 after buying an additional 120,132 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Armada Hoffler Properties by 77.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 57,015 shares of the real estate investment trust’s stock worth $705,000 after buying an additional 24,886 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in Armada Hoffler Properties by 323.6% during the third quarter. SG Americas Securities LLC now owns 44,897 shares of the real estate investment trust’s stock worth $460,000 after buying an additional 34,298 shares during the last quarter. 66.35% of the stock is currently owned by hedge funds and other institutional investors.

Armada Hoffler Properties Stock Down 0.3 %

Shares of AHH opened at $10.51 on Friday. Armada Hoffler Properties, Inc. has a 52-week low of $9.81 and a 52-week high of $13.11. The company has a quick ratio of 9.55, a current ratio of 9.55 and a debt-to-equity ratio of 2.35. The stock has a fifty day simple moving average of $10.54 and a two-hundred day simple moving average of $11.14. The company has a market capitalization of $928.43 million, a PE ratio of -210.06 and a beta of 0.99.

Armada Hoffler Properties (NYSE:AHH) last released its quarterly earnings data 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 firm had revenue of $186.75 million for the quarter, compared to analyst estimates of $63.93 million. Armada Hoffler Properties had a return on equity of 1.09% and a net margin of 1.12%. Armada Hoffler Properties’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.35 earnings per share. As a group, equities analysts forecast that Armada Hoffler Properties, Inc. will post 1.24 EPS for the current year.

Armada Hoffler Properties Increases Dividend

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

Insider Activity at Armada Hoffler Properties

In other Armada Hoffler Properties news, Director Dennis H. Gartman bought 4,500 shares of the business’s stock in a transaction on Friday, March 15th. The stock was bought at an average price of $10.37 per share, with a total value of $46,665.00. Following the completion of the purchase, the director now directly owns 12,005 shares in the company, valued at $124,491.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders have acquired 7,129 shares of company stock worth $74,291. Insiders own 11.70% 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.