BB&T Securities reduced its position in shares of Armada Hoffler Properties Inc (NYSE:AHH) by 26.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The hedge fund owned 26,738 shares of the company’s stock after selling 9,746 shares during the period. BB&T Securities owned approximately 0.10% of Armada Hoffler Properties worth $280,000 at the end of the most recent quarter.

Separately, Chelsea Counsel Company boosted its stake in Armada Hoffler Properties by 4.8% in the third quarter. Chelsea Counsel Company now owns 50,478 shares of the company’s stock worth $493,000 after buying an additional 2,316 shares during the last quarter.

Armada Hoffler Properties Inc (NYSE:AHH) opened at 10.50 on Tuesday. The stock’s 50 day moving average is $10.56 and its 200 day moving average is $10.37. Armada Hoffler Properties Inc has a 52 week low of $9.50 and a 52 week high of $11.60. The company has a market capitalization of $430.80 million and a PE ratio of 15.26.

Armada Hoffler Properties (NYSE:AHH) last announced its quarterly earnings results on Tuesday, November 3rd. The company reported $0.26 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.03. The firm had revenue of $21.40 million for the quarter, compared to analyst estimates of $21.14 million. Analysts predict that Armada Hoffler Properties Inc will post $0.91 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 7th. Investors of record on Thursday, December 31st were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.48%. The ex-dividend date of this dividend was Tuesday, December 29th.

AHH has been the subject of a number of research reports. Zacks Investment Research raised Armada Hoffler Properties from a “hold” rating to a “strong-buy” rating and set a $12.00 target price for the company in a research note on Thursday, November 5th. Raymond James raised their price target on shares of Armada Hoffler Properties to $11.50 and gave the stock an “outperform” rating in a research note on Thursday, December 17th.

Armada Hoffler Properties, Inc. is a real estate company engaged in developing, building, owning and managing institutional-grade office, retail and multifamily properties in markets across the Mid-Atlantic United States. The Company operates through four segments: office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. The Company provides general contracting services to third parties. The Company constructs and develops mid and high-rise office buildings, retail strip malls and retail power centers, multifamily apartment communities, hotels and conference centers, single and multi-tenant industrial, distribution and manufacturing facilities, educational, medical and special purpose facilities, government projects, parking garages and mixed-use town centers in Virginia and North Carolina.

12 Month Chart for NYSE:AHH

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