Armada Hoffler Properties Inc (NASDAQ: AHH) Stocks To Watch

Armada Hoffler Properties Inc day trading at USD 7.79 per share, then rallying to 7.83 and closing at USD 7.17 per share. A net loss of -7.95% for the day. Long term pricing analysis shows the stock trading at 59.71% lower than it’s 52week high and 14.89% higher than the 52week low. The share volume traded for the day was 774K which was 1 times the 50 Day Average Volume.

Armada Hoffler Properties Inc had a market cap of 557,575K as of 13th May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ 0.41.

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

Financial Results

Armada Hoffler Properties Inc Reports First Quarter Of Fiscal 2020.

  • Net income attributable to common stockholders and OP Unitholders of $8.2 million, or $0.11 per diluted share, compared to $6.5 million, or $0.10 per diluted share, for the three months ended March 31, 2019.
  • Funds from operations attributable to common stockholders and OP Unitholders (“FFO”) of $22.3 million, or $0.29 per diluted share, compared to $16.6 million, or $0.25 per diluted share, for the three months ended March 31, 2019. See “Non-GAAP Financial Measures.”
  • Normalized funds from operations attributable to common stockholders and OP Unitholders (“Normalized FFO”) of $24.7 million, or $0.32 per diluted share, compared to $18.5 million, or $0.27 per diluted share, for the three months ended March 31, 2019.
  • Core operating property portfolio occupancy at 95.6% as of March 31, 2020, compared to 96.5% as of December 31, 2019.
  • Same-Store Net Operating Income (“NOI”) increased 1.7% on a GAAP basis and 3.6% on a cash basis compared to the quarter ended March 31, 2019.
  • Third-party construction backlog as of March 31, 2020, was $235.6 million.

Armada Hoffler Properties Inc (13th May 2020): The Institutional Ownership as of today stood at 90.78% and the Total Value of Holdings (millions) is $ 410.

New Institutional Holders and other activity – As of today, the total number of shares held is 51,280,803 by 201 institutional holders.

LATEST NEWS:

13-May-2020:-  Wilbanks Smith & Thomas Asset Management LLC Grows Stock Position in Armada Hoffler Properties Inc (NYSE: AHH)

Wilbanks Smith & Thomas Asset Management LLC increased its position in shares of Armada Hoffler Properties Inc (NYSE: AHH) by 27.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 479,931 shares of the real estate investment trust’s stock after buying an additional 102,013 shares during the quarter.

10-May-2020:-  Armada Hoffler Properties (NYSE: AHH) PT Raised to $11.00

Wilbanks Smith & Thomas Asset Management LLC increased its position in shares of Armada Hoffler Properties Inc (NYSE: AHH) by 27.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 479,931 shares of the real estate investment trust’s stock after buying an additional 102,013 shares during the quarter.

10-May-2020:-  Armada Hoffler Properties (NYSE: AHH) Shares Up 7% After Insider Buying Activity

Armada Hoffler Properties Inc (NYSE: AHH) rose 7% during trading on Friday following insider buying activity. The company traded as high as $8.96 and last traded at $8.90, approximately 411,726 shares were traded during mid-day trading. A decline of 4% of the average daily volume of 428,648 shares.

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