Analysts Set Armada Hoffler Properties, Inc. (AHH) PT at $14.70

Armada Hoffler Properties, Inc. (NYSE:AHH) has received a consensus recommendation of “Hold” from the nine analysts that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $14.70.

Several equities research analysts have recently commented on the stock. ValuEngine upgraded shares of Armada Hoffler Properties from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. FBR & Co reiterated a “buy” rating on shares of Armada Hoffler Properties in a research note on Tuesday, October 3rd. BidaskClub downgraded shares of Armada Hoffler Properties from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. Stifel Nicolaus reiterated a “hold” rating and set a $14.00 price objective on shares of Armada Hoffler Properties in a research note on Thursday, September 21st. Finally, Zacks Investment Research downgraded shares of Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research note on Monday.

Armada Hoffler Properties (NYSE:AHH) traded up 0.50% during midday trading on Friday, hitting $14.00. The stock had a trading volume of 129,105 shares. The company has a market capitalization of $878.88 million, a PE ratio of 28.63 and a beta of 0.54. The stock’s 50-day moving average is $13.61 and its 200-day moving average is $13.54. Armada Hoffler Properties has a 1-year low of $12.54 and a 1-year high of $14.98.

Armada Hoffler Properties (NYSE:AHH) last released its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. Armada Hoffler Properties had a net margin of 8.04% and a return on equity of 7.02%. The business had revenue of $26.76 million for the quarter, compared to analyst estimates of $27.18 million. During the same period in the previous year, the company earned $0.26 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. Equities research analysts forecast that Armada Hoffler Properties will post $0.41 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 5th. Stockholders of record on Wednesday, September 27th were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, September 26th. This represents a $0.76 annualized dividend and a dividend yield of 5.43%. Armada Hoffler Properties’s payout ratio is currently 158.34%.

Large investors have recently bought and sold shares of the company. State of Alaska Department of Revenue acquired a new stake in shares of Armada Hoffler Properties during the second quarter worth $113,000. Legal & General Group Plc lifted its stake in shares of Armada Hoffler Properties by 12.1% during the first quarter. Legal & General Group Plc now owns 8,958 shares of the real estate investment trust’s stock worth $123,000 after buying an additional 967 shares during the period. Loeb Partners Corp acquired a new stake in shares of Armada Hoffler Properties during the second quarter worth $129,000. Institute for Wealth Management LLC. acquired a new stake in shares of Armada Hoffler Properties during the second quarter worth $130,000. Finally, US Bancorp DE lifted its stake in shares of Armada Hoffler Properties by 15,303.0% during the second quarter. US Bancorp DE now owns 10,166 shares of the real estate investment trust’s stock worth $132,000 after buying an additional 10,100 shares during the period. Institutional investors and hedge funds own 81.41% of the company’s stock.

WARNING: This story was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another website, it was stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this story can be viewed at https:

Several equities research analysts have recently commented on the stock. ValuEngine upgraded shares of Armada Hoffler Properties from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. FBR & Co reiterated a “buy” rating on shares of Armada Hoffler Properties in a research note on Tuesday, October 3rd. BidaskClub downgraded shares of Armada Hoffler Properties from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. Stifel Nicolaus reiterated a “hold” rating and set a $14.00 price objective on shares of Armada Hoffler Properties in a research note on Thursday, September 21st. Finally, Zacks Investment Research downgraded shares of Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research note on Monday.

Armada Hoffler Properties (NYSE:AHH) traded up 0.50% during midday trading on Friday, hitting $14.00. The stock had a trading volume of 129,105 shares. The company has a market capitalization of $878.88 million, a PE ratio of 28.63 and a beta of 0.54. The stock’s 50-day moving average is $13.61 and its 200-day moving average is $13.54. Armada Hoffler Properties has a 1-year low of $12.54 and a 1-year high of $14.98.

Armada Hoffler Properties (NYSE:AHH) last released its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. Armada Hoffler Properties had a net margin of 8.04% and a return on equity of 7.02%. The business had revenue of $26.76 million for the quarter, compared to analyst estimates of $27.18 million. During the same period in the previous year, the company earned $0.26 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. Equities research analysts forecast that Armada Hoffler Properties will post $0.41 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 5th. Stockholders of record on Wednesday, September 27th were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, September 26th. This represents a $0.76 annualized dividend and a dividend yield of 5.43%. Armada Hoffler Properties’s payout ratio is currently 158.34%.

Large investors have recently bought and sold shares of the company. State of Alaska Department of Revenue acquired a new stake in shares of Armada Hoffler Properties during the second quarter worth $113,000. Legal & General Group Plc lifted its stake in shares of Armada Hoffler Properties by 12.1% during the first quarter. Legal & General Group Plc now owns 8,958 shares of the real estate investment trust’s stock worth $123,000 after buying an additional 967 shares during the period. Loeb Partners Corp acquired a new stake in shares of Armada Hoffler Properties during the second quarter worth $129,000. Institute for Wealth Management LLC. acquired a new stake in shares of Armada Hoffler Properties during the second quarter worth $130,000. Finally, US Bancorp DE lifted its stake in shares of Armada Hoffler Properties by 15,303.0% during the second quarter. US Bancorp DE now owns 10,166 shares of the real estate investment trust’s stock worth $132,000 after buying an additional 10,100 shares during the period. Institutional investors and hedge funds own 81.41% of the company’s stock.

WARNING: This story was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another website, it was stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/10/analysts-set-armada-hoffler-properties-inc-ahh-pt-at-14-70.html.

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.

Analyst Recommendations for Armada Hoffler Properties (NYSE:AHH)

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