What’s Next for Armada Hoffler Properties Incorporated (NYSE:AHH) After Having Less Shares Shorted?

December 20, 2017 - By Kurt Siggers

 What's Next for Armada Hoffler Properties Incorporated (NYSE:AHH) After Having Less Shares Shorted?

Investors sentiment increased to 2.84 in 2017 Q2. Its up 1.69, from 1.15 in 2017Q1. It is positive, as 10 investors sold Armada Hoffler Properties, Inc. shares while 27 reduced holdings. 39 funds opened positions while 66 raised stakes. 36.21 million shares or 32.25% more from 27.38 million shares in 2017Q1 were reported.
Cornercap Invest Counsel Inc holds 0.1% or 46,735 shares in its portfolio. 47,051 were reported by Sumitomo Mitsui Tru. Illinois-based Peak6 Invs L P has invested 0% in Armada Hoffler Properties, Inc. (NYSE:AHH). Barclays Plc owns 5,338 shares. 32,537 were reported by Lazard Asset Mgmt Limited Liability Company. Farmers & Merchants Invests Incorporated reported 0% of its portfolio in Armada Hoffler Properties, Inc. (NYSE:AHH). Carroll Fin Assoc has 0.05% invested in Armada Hoffler Properties, Inc. (NYSE:AHH). Numeric Invsts Limited Liability Corp reported 0.02% stake. Teachers Retirement Of The State Of Kentucky reported 5,400 shares or 0% of all its holdings. Janney Montgomery Scott Lc accumulated 158,341 shares. Voya Inv Mngmt Ltd Company reported 18,337 shares. Silvercrest Asset Group Inc holds 0.05% of its portfolio in Armada Hoffler Properties, Inc. (NYSE:AHH) for 371,388 shares. Fifth Third Bank & Trust reported 0% stake. Public Sector Pension Board owns 23,300 shares. Wellington Shields Lc invested 0.09% of its portfolio in Armada Hoffler Properties, Inc. (NYSE:AHH).

The stock of Armada Hoffler Properties Incorporated (NYSE:AHH) registered a decrease of 19.39% in short interest. AHH’s total short interest was 1.45 million shares in December as published by FINRA. Its down 19.39% from 1.80 million shares, reported previously. With 295,600 shares average volume, it will take short sellers 5 days to cover their AHH’s short positions.

The stock decreased 2.40% or $0.38 during the last trading session, reaching $15.47. About 548,282 shares traded or 72.54% up from the average. Armada Hoffler Properties, Inc. (NYSE:AHH) has risen 9.92% since December 20, 2016 and is uptrending. It has underperformed by 6.78% the S&P500.

Armada Hoffler Properties, Inc. is a publicly owned real estate investment trust. The company has market cap of $971.24 million. It invests in real estate markets of Mid-Atlantic United States. It has a 30.76 P/E ratio.

Armada Hoffler Properties, Inc. (NYSE:AHH) Ratings Coverage

Among 5 analysts covering Armada Hoffler Properties (NYSE:AHH), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Armada Hoffler Properties has $15 highest and $14.0 lowest target. $14.63’s average target is -5.43% below currents $15.47 stock price. Armada Hoffler Properties had 10 analyst reports since October 14, 2016 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, November 2 by Wunderlich. The firm has “Hold” rating given on Friday, June 23 by Stifel Nicolaus. Wunderlich downgraded the shares of AHH in report on Wednesday, December 14 to “Hold” rating. FBR Capital maintained the shares of AHH in report on Wednesday, July 12 with “Outperform” rating. The stock has “Hold” rating by Stifel Nicolaus on Monday, September 18. On Friday, May 12 the stock rating was maintained by Stifel Nicolaus with “Buy”. Stifel Nicolaus maintained Armada Hoffler Properties, Inc. (NYSE:AHH) rating on Monday, July 24. Stifel Nicolaus has “Hold” rating and $1400 target.

More notable recent Armada Hoffler Properties, Inc. (NYSE:AHH) news were published by: Nasdaq.com which released: “Armada Hoffler Properties, Inc. (AHH) Ex-Dividend Date Scheduled for June 26, 2017” on June 23, 2017, also Globenewswire.com with their article: “Armada Hoffler Properties Closes on New $300 Million Unsecured Credit Facility” published on October 30, 2017, Globenewswire.com published: “Armada Hoffler Properties Reports Third Quarter 2017 Results” on October 31, 2017. More interesting news about Armada Hoffler Properties, Inc. (NYSE:AHH) were released by: Globenewswire.com and their article: “Armada Hoffler Properties Announces Its Fourth Quarter 2017 Cash Dividend” published on November 02, 2017 as well as Nasdaq.com‘s news article titled: “Armada Hoffler Properties, Inc. (AHH) Ex-Dividend Date Scheduled for September …” with publication date: September 25, 2017.

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