American Century Companies Inc. Has $8.55 Million Stake in Armada Hoffler Properties Inc (AHH)
American Century Companies Inc. decreased its holdings in shares of Armada Hoffler Properties Inc (NYSE:AHH) by 38.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 550,282 shares of the real estate investment trust’s stock after selling 347,526 shares during the quarter. American Century Companies Inc.’s holdings in Armada Hoffler Properties were worth $8,546,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the company. RMR Advisors LLC boosted its holdings in shares of Armada Hoffler Properties by 106.7% during the fourth quarter. RMR Advisors LLC now owns 155,000 shares of the real estate investment trust’s stock worth $2,407,000 after purchasing an additional 80,000 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in shares of Armada Hoffler Properties by 10.9% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 222,168 shares of the real estate investment trust’s stock worth $3,451,000 after purchasing an additional 21,806 shares during the last quarter. Pensionfund DSM Netherlands acquired a new stake in shares of Armada Hoffler Properties during the fourth quarter worth $388,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Armada Hoffler Properties during the third quarter worth $117,000. Finally, California Public Employees Retirement System boosted its holdings in shares of Armada Hoffler Properties by 10.6% during the third quarter. California Public Employees Retirement System now owns 97,649 shares of the real estate investment trust’s stock worth $1,349,000 after purchasing an additional 9,349 shares during the last quarter. Institutional investors and hedge funds own 80.24% of the company’s stock.
In other news, CEO Louis S. Haddad bought 15,000 shares of Armada Hoffler Properties stock in a transaction that occurred on Thursday, February 8th. The shares were purchased at an average price of $13.17 per share, for a total transaction of $197,550.00. Following the completion of the acquisition, the chief executive officer now owns 282,221 shares of the company’s stock, valued at $3,716,850.57. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 16.59% of the stock is currently owned by company insiders.
Armada Hoffler Properties Inc (AHH) opened at $13.55 on Tuesday. Armada Hoffler Properties Inc has a fifty-two week low of $12.65 and a fifty-two week high of $16.00. The firm has a market capitalization of $846.97, a price-to-earnings ratio of 28.83, a P/E/G ratio of 3.86 and a beta of 0.47. The company has a debt-to-equity ratio of 1.23, a current ratio of 9.59 and a quick ratio of 10.44.
Armada Hoffler Properties (NYSE:AHH) last issued its earnings results on Tuesday, February 6th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.15). Armada Hoffler Properties had a net margin of 8.42% and a return on equity of 6.23%. The firm had revenue of $27.65 million during the quarter, compared to analyst estimates of $27.44 million. During the same quarter in the previous year, the business posted $0.25 EPS. Armada Hoffler Properties’s revenue was up 4.3% compared to the same quarter last year. equities analysts forecast that Armada Hoffler Properties Inc will post 1.03 EPS for the current fiscal year.
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Armada Hoffler Properties 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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