Hancock Whitney Corp Sells 6,076 Shares of Armada Hoffler Properties Inc (NYSE:AHH)

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Hancock Whitney Corp reduced its position in Armada Hoffler Properties Inc (NYSE:AHH) by 5.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 99,586 shares of the real estate investment trust’s stock after selling 6,076 shares during the period. Hancock Whitney Corp’s holdings in Armada Hoffler Properties were worth $1,828,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in AHH. Swiss National Bank lifted its holdings in Armada Hoffler Properties by 2.9% in the fourth quarter. Swiss National Bank now owns 101,400 shares of the real estate investment trust’s stock valued at $1,861,000 after acquiring an additional 2,900 shares during the period. American International Group Inc. lifted its holdings in Armada Hoffler Properties by 21.8% in the fourth quarter. American International Group Inc. now owns 47,579 shares of the real estate investment trust’s stock valued at $873,000 after acquiring an additional 8,512 shares during the period. Oregon Public Employees Retirement Fund lifted its holdings in Armada Hoffler Properties by 7.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 21,320 shares of the real estate investment trust’s stock valued at $391,000 after acquiring an additional 1,400 shares during the period. Rhumbline Advisers lifted its holdings in Armada Hoffler Properties by 12.1% in the fourth quarter. Rhumbline Advisers now owns 188,613 shares of the real estate investment trust’s stock valued at $3,461,000 after acquiring an additional 20,362 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in Armada Hoffler Properties by 4.8% in the fourth quarter. Principal Financial Group Inc. now owns 437,872 shares of the real estate investment trust’s stock valued at $8,035,000 after acquiring an additional 19,988 shares during the period. Hedge funds and other institutional investors own 85.29% of the company’s stock.

Shares of NYSE:AHH opened at $18.84 on Friday. Armada Hoffler Properties Inc has a 12-month low of $15.02 and a 12-month high of $19.43. The company has a market capitalization of $1.03 billion, a PE ratio of 16.08, a PEG ratio of 2.93 and a beta of 0.51. The business has a 50 day moving average of $18.48 and a two-hundred day moving average of $18.04. The company has a current ratio of 14.76, a quick ratio of 13.02 and a debt-to-equity ratio of 1.54.

Armada Hoffler Properties (NYSE:AHH) last announced its quarterly earnings results on Thursday, February 6th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.02). Armada Hoffler Properties had a net margin of 12.03% and a return on equity of 5.50%. The company had revenue of $41.83 million during the quarter, compared to analyst estimates of $42.67 million. Equities research analysts predict that Armada Hoffler Properties Inc will post 1.17 earnings per share for the current fiscal year.

AHH has been the subject of a number of analyst reports. Zacks Investment Research raised Armada Hoffler Properties from a “sell” rating to a “hold” rating in a report on Tuesday. ValuEngine downgraded Armada Hoffler Properties from a “hold” rating to a “sell” rating in a report on Friday, January 24th.

Armada Hoffler Properties Profile

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

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Want to see what other hedge funds are holding AHH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Armada Hoffler Properties Inc (NYSE:AHH).

Institutional Ownership by Quarter for Armada Hoffler Properties (NYSE:AHH)

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