Price Action To Observe: Time to Buy Armada Hoffler Properties Inc After Today’s Significant Decline?

Price Action To Observe: Time to Buy Armada Hoffler Properties Inc After Today's Significant Decline?

The stock of Armada Hoffler Properties Inc (NYSE:AHH) is a huge mover today! The stock decreased 1.83% or $0.25 on September 30, hitting $13.4. Armada Hoffler Properties Inc (NYSE:AHH) has risen 26.06% since February 29, 2016 and is uptrending. It has outperformed by 15.63% the S&P500.
The move comes after 9 months negative chart setup for the $679.56 million company. It was reported on Oct, 1 by We have $12.46 PT which if reached, will make NYSE:AHH worth $47.57 million less.

Analysts await Armada Hoffler Properties Inc (NYSE:AHH) to report earnings on November, 1. They expect $0.24 EPS, down 7.69% or $0.02 from last year’s $0.26 per share. AHH’s profit will be $12.17 million for 13.96 P/E if the $0.24 EPS becomes a reality. After $0.26 actual EPS reported by Armada Hoffler Properties Inc for the previous quarter, Wall Street now forecasts -7.69% negative EPS growth.

According to Zacks Investment Research, “Armada Hoffler Properties, Inc. is a real estate investment trust. It is engaged in developing, building, owning and managing office, retail and multifamily properties primarily in the United States. Its properties are situated in Virginia and North Carolina. Armada Hoffler Properties, Inc. is based in Virginia Beach, United States.”

Insitutional Activity: The institutional sentiment increased to 2.16 in 2016 Q2. Its up 0.44, from 1.72 in 2016Q1. The ratio increased, as 8 funds sold all Armada Hoffler Properties Inc shares owned while 29 reduced positions. 23 funds bought stakes while 57 increased positions. They now own 22.43 million shares or 5.05% more from 21.35 million shares in 2016Q1.
Baker Ellis Asset Mngmt Ltd holds 0.09% or 21,700 shares in its portfolio. Sei Invs Company holds 0% of its portfolio in Armada Hoffler Properties Inc (NYSE:AHH) for 6,838 shares. Chicago Equity Llc reported 133,570 shares or 0.05% of all its holdings. Moreover, California State Teachers Retirement Systems has 0% invested in Armada Hoffler Properties Inc (NYSE:AHH) for 65,184 shares. Numeric Invsts Limited Liability Corporation owns 63,100 shares or 0.01% of their US portfolio. Morgan Stanley holds 453,886 shares or 0% of its portfolio. The New Jersey-based Blackrock Investment Management Ltd Liability Company has invested 0% in Armada Hoffler Properties Inc (NYSE:AHH). Columbia L L C Investment Mgmt holds 0.15% or 151,389 shares in its portfolio. Legal General Group Public Limited Liability Corporation reported 4,642 shares or 0% of all its holdings. Navellier & reported 49,144 shares or 0.1% of all its holdings. Moreover, Panagora Asset Mngmt Incorporated has 0.03% invested in Armada Hoffler Properties Inc (NYSE:AHH) for 430,703 shares. Moreover, Century has 0.02% invested in Armada Hoffler Properties Inc (NYSE:AHH) for 1.23M shares. Davenport Communications Ltd Liability Com, a Virginia-based fund reported 73,650 shares. Aqr Management Llc last reported 199,691 shares in the company. The Illinois-based Zacks Inv Management has invested 0.07% in Armada Hoffler Properties Inc (NYSE:AHH).

More notable recent Armada Hoffler Properties Inc (NYSE:AHH) news were published by: which released: “Armada Hoffler Properties, Inc. Presentation Now Available for On-Demand Viewing” on August 15, 2016, also with their article: “Armada Hoffler (AHH) Declares New $45M Charlotte Project” published on September 09, 2016, published: “Armada Hoffler Properties to Discuss Third Quarter Earnings on November 1st” on September 15, 2016. More interesting news about Armada Hoffler Properties Inc (NYSE:AHH) were released by: and their article: “An Inside Look At Armada Hoffler” published on July 07, 2016 as well as‘s news article titled: “Armada Hoffler Properties – New Development Pipeline Project” with publication date: May 18, 2016.

AHH Company Profile

Armada Hoffler Properties, Inc., incorporated on October 12, 2012, is a real estate firm engaged in developing, building, owning and managing institutional-grade office, retail and multifamily properties in markets across the Mid-Atlantic United States, including Virginia, Maryland, North Carolina and South Carolina. The Firm operates through four divisions: office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. The Firm develops and manufactures properties for its own account and through joint ventures between the Company and unaffiliated partners. The Firm also provides general contracting services to third parties.

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