Armada Hoffler Properties (AHH) Stock Rating Lowered by ValuEngine

ValuEngine downgraded shares of Armada Hoffler Properties (NYSE:AHH) from a buy rating to a hold rating in a report issued on Wednesday morning.

A number of other equities research analysts also recently weighed in on the stock. Bank of America lifted their price target on shares of Armada Hoffler Properties from $15.50 to $16.75 and gave the stock a buy rating in a research note on Monday, August 13th. Zacks Investment Research downgraded shares of Armada Hoffler Properties from a hold rating to a sell rating in a research note on Tuesday, July 3rd. B. Riley lifted their price target on shares of Armada Hoffler Properties from $15.50 to $16.50 and gave the stock a buy rating in a research note on Wednesday, August 1st. Stifel Nicolaus lifted their price target on shares of Armada Hoffler Properties from $13.00 to $14.00 and gave the stock a hold rating in a research note on Wednesday, August 1st. Finally, DA Davidson set a $18.00 price target on shares of Armada Hoffler Properties and gave the stock a buy rating in a research note on Thursday, July 5th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of $16.45.

AHH opened at $15.25 on Wednesday. Armada Hoffler Properties has a fifty-two week low of $12.73 and a fifty-two week high of $16.17. The company has a debt-to-equity ratio of 1.27, a quick ratio of 12.60 and a current ratio of 12.60. The firm has a market cap of $740.71 million, a price-to-earnings ratio of 15.40, a price-to-earnings-growth ratio of 3.13 and a beta of 0.50.

Armada Hoffler Properties (NYSE:AHH) last posted its quarterly earnings results on Tuesday, July 31st. The real estate investment trust reported $0.09 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.09. Armada Hoffler Properties had a net margin of 9.85% and a return on equity of 5.24%. The firm had revenue of $28.60 million for the quarter, compared to the consensus estimate of $29.10 million. sell-side analysts anticipate that Armada Hoffler Properties will post 1.06 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 4th. Stockholders of record on Wednesday, September 26th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, September 25th. This represents a $0.80 annualized dividend and a dividend yield of 5.25%. Armada Hoffler Properties’s dividend payout ratio is presently 80.81%.

Large investors have recently modified their holdings of the company. Optimum Investment Advisors acquired a new stake in shares of Armada Hoffler Properties in the 1st quarter valued at $115,000. Piedmont Investment Advisors LLC acquired a new stake in shares of Armada Hoffler Properties in the 2nd quarter valued at $162,000. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of Armada Hoffler Properties in the 2nd quarter valued at $202,000. Nisa Investment Advisors LLC acquired a new stake in shares of Armada Hoffler Properties in the 2nd quarter valued at $206,000. Finally, Raymond James & Associates acquired a new stake in shares of Armada Hoffler Properties in the 2nd quarter valued at $224,000. Institutional investors own 81.93% of the company’s stock.

Armada Hoffler Properties Company Profile

Armada Hoffler Properties, Inc (NYSE:AHH) is a vertically-integrated, self-managed real estate investment trust ("REIT") with nearly four decades of experience developing, building, acquiring and managing high-quality, institutional-grade office, retail and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States.

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Analyst Recommendations for Armada Hoffler Properties (NYSE:AHH)

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