Armada Hoffler Properties, Inc. (NYSE:AHH) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets cut its position in shares of Armada Hoffler Properties, Inc. (NYSE:AHHFree Report) by 24.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 30,951 shares of the real estate investment trust’s stock after selling 10,051 shares during the quarter. BNP Paribas Financial Markets’ holdings in Armada Hoffler Properties were worth $383,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of AHH. C M Bidwell & Associates Ltd. acquired a new position in shares of Armada Hoffler Properties in the 3rd quarter worth $62,000. Van ECK Associates Corp grew its holdings in shares of Armada Hoffler Properties by 19.7% in the 4th 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 last quarter. Quadrature Capital Ltd acquired a new position in shares of Armada Hoffler Properties in the 3rd quarter worth $143,000. Jump Financial LLC acquired a new position in shares of Armada Hoffler Properties in the 3rd quarter worth $191,000. Finally, Custom Index Systems LLC acquired a new position in shares of Armada Hoffler Properties in the 4th quarter worth $267,000. 66.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Armada Hoffler Properties from a “sell” rating to a “hold” rating in a report on Thursday, May 23rd.

Get Our Latest Report on AHH

Insider Activity

In other Armada Hoffler Properties news, Director Dennis H. Gartman purchased 4,500 shares of the 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 acquisition, the director now owns 12,005 shares of the company’s stock, valued at approximately $124,491.85. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Eric E. Apperson sold 40,000 shares of Armada Hoffler Properties stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $11.59, for a total transaction of $463,600.00. Following the completion of the sale, the insider now owns 53,867 shares of the company’s stock, valued at $624,318.53. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Dennis H. Gartman acquired 4,500 shares of Armada Hoffler Properties stock in a transaction that occurred on Friday, March 15th. The shares were purchased at an average cost of $10.37 per share, with a total value of $46,665.00. Following the transaction, the director now owns 12,005 shares of the company’s stock, valued at approximately $124,491.85. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 7,129 shares of company stock worth $74,291. 11.90% of the stock is owned by corporate insiders.

Armada Hoffler Properties Stock Performance

Shares of AHH stock opened at $11.35 on Tuesday. Armada Hoffler Properties, Inc. has a 1-year low of $9.81 and a 1-year high of $13.11. The company has a current ratio of 9.54, a quick ratio of 9.54 and a debt-to-equity ratio of 2.41. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 126.07 and a beta of 1.02. The stock’s fifty day simple moving average is $10.82 and its 200-day simple moving average is $11.31.

Armada Hoffler Properties (NYSE:AHHGet Free Report) last issued its quarterly earnings results on Thursday, May 9th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.14). Armada Hoffler Properties had a net margin of 2.76% and a return on equity of 2.96%. The business had revenue of $61.88 million for the quarter, compared to analysts’ expectations of $61.55 million. On average, sell-side analysts predict that Armada Hoffler Properties, Inc. will post 1.24 earnings per share for the current fiscal year.

Armada Hoffler Properties Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Armada Hoffler Properties (NYSE:AHH)

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