D.A. Davidson & CO. Sells 6,622 Shares of Armada Hoffler Properties, Inc. (NYSE:AHH)

D.A. Davidson & CO. decreased its holdings in shares of Armada Hoffler Properties, Inc. (NYSE:AHHFree Report) by 4.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,708 shares of the real estate investment trust’s stock after selling 6,622 shares during the quarter. D.A. Davidson & CO.’s holdings in Armada Hoffler Properties were worth $1,400,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. BlackRock Inc. lifted its holdings in Armada Hoffler Properties by 14.3% during the 1st quarter. BlackRock Inc. now owns 12,943,240 shares of the real estate investment trust’s stock valued at $188,971,000 after purchasing an additional 1,622,030 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Armada Hoffler Properties by 2.2% during the third quarter. Vanguard Group Inc. now owns 8,079,954 shares of the real estate investment trust’s stock worth $83,869,000 after buying an additional 170,266 shares in the last quarter. State Street Corp lifted its holdings in shares of Armada Hoffler Properties by 4.7% during the second quarter. State Street Corp now owns 3,771,846 shares of the real estate investment trust’s stock worth $49,049,000 after buying an additional 168,838 shares in the last quarter. Macquarie Group Ltd. lifted its holdings in shares of Armada Hoffler Properties by 2.4% during the first quarter. Macquarie Group Ltd. now owns 3,583,147 shares of the real estate investment trust’s stock worth $42,317,000 after buying an additional 84,970 shares in the last quarter. Finally, FMR LLC lifted its holdings in shares of Armada Hoffler Properties by 3.0% during the first quarter. FMR LLC now owns 1,755,218 shares of the real estate investment trust’s stock worth $20,729,000 after buying an additional 50,498 shares in the last quarter. Institutional investors and hedge funds own 67.17% of the company’s stock.

Armada Hoffler Properties Stock Up 0.8 %

Shares of NYSE AHH opened at $11.91 on Friday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 7.90 and a current ratio of 7.90. Armada Hoffler Properties, Inc. has a 52 week low of $9.81 and a 52 week high of $13.73. The stock has a market capitalization of $1.06 billion, a P/E ratio of 34.03 and a beta of 1.03. The stock’s fifty day moving average is $12.26 and its 200 day moving average is $11.40.

Armada Hoffler Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 4th. Investors of record on Wednesday, December 27th were given a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 6.55%. The ex-dividend date of this dividend was Tuesday, December 26th. Armada Hoffler Properties’s payout ratio is currently 222.86%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. TheStreet downgraded Armada Hoffler Properties from a “c” rating to a “d+” rating in a report on Wednesday, November 15th. StockNews.com downgraded Armada Hoffler Properties from a “hold” rating to a “sell” rating in a report on Thursday, November 16th.

Get Our Latest Stock Analysis on AHH

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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