Armada Hoffler Properties Inc (NYSE:AHH) CEO Louis S. Haddad purchased 15,000 shares of Armada Hoffler Properties stock in a transaction dated Thursday, February 8th. The shares were acquired at an average cost of $13.17 per share, with a total value of $197,550.00. Following the transaction, the chief executive officer now directly owns 282,221 shares in the company, valued at $3,716,850.57. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Armada Hoffler Properties Inc (NYSE:AHH) traded down $0.02 during trading on Monday, reaching $13.13. 471,315 shares of the company traded hands, compared to its average volume of 374,125. The stock has a market cap of $590.92, a price-to-earnings ratio of 26.26, a price-to-earnings-growth ratio of 3.75 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. The company has a quick ratio of 10.44, a current ratio of 9.59 and a debt-to-equity ratio of 1.23.
Armada Hoffler Properties (NYSE:AHH) last released its earnings results on Tuesday, February 6th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.15). The firm had revenue of $27.65 million during the quarter, compared to analysts’ expectations of $27.44 million. Armada Hoffler Properties had a return on equity of 6.23% and a net margin of 8.42%. The company’s revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.25 earnings per share. analysts predict that Armada Hoffler Properties Inc will post 1.03 EPS for the current fiscal year.
Several equities research analysts have recently commented on AHH shares. TheStreet raised shares of Armada Hoffler Properties from a “c+” rating to a “b” rating in a research report on Tuesday, October 31st. Zacks Investment Research lowered shares of Armada Hoffler Properties from a “buy” rating to a “hold” rating in a research report on Friday, November 3rd. B. Riley reissued a “buy” rating on shares of Armada Hoffler Properties in a report on Thursday, November 2nd. Finally, Raymond James Financial reissued a “market perform” rating on shares of Armada Hoffler Properties in a report on Monday, January 8th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price 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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