IFP Advisors Inc Has $197,000 Stake in Armada Hoffler Properties Inc (AHH)

IFP Advisors Inc reduced its position in Armada Hoffler Properties Inc (NYSE:AHH) by 24.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,686 shares of the real estate investment trust’s stock after selling 4,056 shares during the period. IFP Advisors Inc’s holdings in Armada Hoffler Properties were worth $197,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of AHH. Vanguard Group Inc. boosted its holdings in shares of Armada Hoffler Properties by 18.9% during the second quarter. Vanguard Group Inc. now owns 5,283,105 shares of the real estate investment trust’s stock worth $68,416,000 after purchasing an additional 839,457 shares during the period. State Street Corp boosted its holdings in shares of Armada Hoffler Properties by 50.9% during the second quarter. State Street Corp now owns 1,072,561 shares of the real estate investment trust’s stock worth $13,888,000 after purchasing an additional 361,582 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Armada Hoffler Properties by 112.6% during the third quarter. JPMorgan Chase & Co. now owns 485,974 shares of the real estate investment trust’s stock worth $6,707,000 after purchasing an additional 257,371 shares during the period. Ameriprise Financial Inc. acquired a new stake in shares of Armada Hoffler Properties during the second quarter worth approximately $3,072,000. Finally, Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Armada Hoffler Properties by 56.5% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 426,900 shares of the real estate investment trust’s stock worth $5,895,000 after purchasing an additional 154,100 shares during the period. Institutional investors and hedge funds own 81.76% of the company’s stock.

Shares of Armada Hoffler Properties Inc (NYSE AHH) opened at $13.09 on Thursday. The company has a debt-to-equity ratio of 1.23, a current ratio of 9.59 and a quick ratio of 10.44. The stock has a market cap of $576.09, a P/E ratio of 12.95, a price-to-earnings-growth ratio of 3.68 and a beta of 0.46. Armada Hoffler Properties Inc has a one year low of $12.65 and a one year high of $16.00.

Armada Hoffler Properties (NYSE:AHH) last posted its earnings results on Tuesday, February 6th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.15). The business had revenue of $27.65 million during the quarter, compared to analyst estimates of $27.44 million. Armada Hoffler Properties had a net margin of 8.42% and a return on equity of 6.23%. Armada Hoffler Properties’s revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.25 earnings per share. equities research analysts predict that Armada Hoffler Properties Inc will post 1.02 EPS for the current fiscal year.

AHH has been the subject of several research reports. TheStreet upgraded shares of Armada Hoffler Properties from a “c+” rating to a “b” rating in a report on Tuesday, October 31st. Zacks Investment Research upgraded shares of Armada Hoffler Properties from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a report on Thursday, November 2nd. B. Riley restated a “buy” rating on shares of Armada Hoffler Properties in a report on Thursday, November 2nd. Citigroup cut shares of Armada Hoffler Properties to a “market perform” rating in a report on Monday, January 8th. They noted that the move was a valuation call. Finally, Raymond James Financial restated a “market perform” rating on shares of Armada Hoffler Properties in a report on Monday, January 8th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $15.20.

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Armada Hoffler Properties Company Profile

Armada Hoffler Properties, Inc is a real estate company. The Company is engaged in developing, building, owning and managing institutional-grade office, retail and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. In addition to the ownership of its operating property portfolio, the Company develops and builds properties for its own account and through joint ventures between the Company and unaffiliated partners.

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

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