Armada Hoffler Properties, Inc. (NYSE:AHH) Short Interest Update

Armada Hoffler Properties, Inc. (NYSE:AHH) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 3,113,849 shares, an increase of 38.8% from the November 30th total of 2,243,727 shares. Approximately 3.4% of the company’s shares are sold short. Based on an average daily volume of 1,118,866 shares, the short-interest ratio is currently 2.8 days. Based on an average daily volume of 1,118,866 shares, the short-interest ratio is currently 2.8 days. Approximately 3.4% of the company’s shares are sold short.

Armada Hoffler Properties Stock Up 0.2%

AHH traded up $0.02 during trading hours on Tuesday, reaching $6.71. 1,043,065 shares of the stock traded hands, compared to its average volume of 874,599. Armada Hoffler Properties has a fifty-two week low of $6.01 and a fifty-two week high of $10.27. The company has a debt-to-equity ratio of 2.35, a current ratio of 7.14 and a quick ratio of 7.14. The company has a market cap of $695.14 million, a price-to-earnings ratio of 35.29 and a beta of 1.06. The firm’s fifty day simple moving average is $6.55 and its two-hundred day simple moving average is $6.86.

Armada Hoffler Properties (NYSE:AHH) last posted its quarterly earnings data on Monday, November 3rd. The real estate investment trust reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.03. The company had revenue of $72.15 million during the quarter, compared to analysts’ expectations of $66.23 million. Armada Hoffler Properties had a net margin of 6.77% and a return on equity of 4.43%. Armada Hoffler Properties has set its FY 2025 guidance at 1.030-1.070 EPS. As a group, analysts forecast that Armada Hoffler Properties will post 1.05 earnings per share for the current fiscal year.

Armada Hoffler Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, December 31st will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 8.4%. The ex-dividend date of this dividend is Wednesday, December 31st. Armada Hoffler Properties’s dividend payout ratio (DPR) is currently 294.74%.

Analysts Set New Price Targets

AHH has been the subject of a number of research analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Armada Hoffler Properties in a report on Monday. Scotiabank dropped their price target on Armada Hoffler Properties from $8.00 to $7.00 and set a “sector perform” rating for the company in a research note on Thursday, November 13th. Jefferies Financial Group raised Armada Hoffler Properties to a “strong-buy” rating in a research note on Tuesday, October 28th. Finally, Wall Street Zen cut Armada Hoffler Properties from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $8.13.

Institutional Investors Weigh In On Armada Hoffler Properties

Several institutional investors and hedge funds have recently made changes to their positions in AHH. Coldstream Capital Management Inc. acquired a new position in Armada Hoffler Properties in the third quarter worth $111,000. Abel Hall LLC lifted its position in shares of Armada Hoffler Properties by 125.9% in the 3rd quarter. Abel Hall LLC now owns 37,278 shares of the real estate investment trust’s stock worth $261,000 after buying an additional 20,775 shares during the last quarter. PharVision Advisers LLC boosted its holdings in shares of Armada Hoffler Properties by 44.0% in the 3rd quarter. PharVision Advisers LLC now owns 19,658 shares of the real estate investment trust’s stock valued at $138,000 after buying an additional 6,003 shares during the period. Dark Forest Capital Management LP grew its position in shares of Armada Hoffler Properties by 195.5% during the 3rd quarter. Dark Forest Capital Management LP now owns 182,626 shares of the real estate investment trust’s stock valued at $1,280,000 after buying an additional 120,825 shares during the last quarter. Finally, Verition Fund Management LLC raised its stake in Armada Hoffler Properties by 1,030.1% during the third quarter. Verition Fund Management LLC now owns 827,964 shares of the real estate investment trust’s stock worth $5,804,000 after acquiring an additional 754,701 shares during the period. 66.35% of the stock is owned by institutional investors and hedge funds.

Armada Hoffler Properties Company Profile

Armada Hoffler Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of retail, office and mixed-use properties. The company’s portfolio primarily comprises neighborhood and community shopping centers, urban infill retail sites and select office buildings located in high-growth markets. Armada Hoffler also provides in-house property management and leasing services, leveraging its vertically integrated platform to enhance asset value and tenant satisfaction.

Founded on a legacy of commercial real estate development dating back to the 1970s, Armada Hoffler went public in 2016 through a strategic combination of private real estate entities.