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Director Frederick Blair Wimbush of Armada Hoffler Properties, Inc. (NYSE:AHH), a $718 million market cap real estate company, recently purchased 475.203 shares of the company’s common stock for a total of $3298. The purchases, executed on July 8, 2025, were made at prices ranging from $6.90 to $7.00, coming after the stock’s 26% decline over the past six months. According to InvestingPro analysis, AHH currently offers a substantial 8% dividend yield and has maintained dividend payments for 13 consecutive years.
Following the transaction, Wimbush directly owns 23946.834 shares of Armada Hoffler Properties. InvestingPro analysis indicates the stock is trading near its Fair Value, with 8 additional key insights available to subscribers through the comprehensive Pro Research Report.
In other recent news, Armada Hoffler Properties reported a miss on their first-quarter 2025 earnings, with earnings per share at -$0.07 against an expected $0.01, and revenue at $63.8 million, below the anticipated $66.03 million. Despite this, the company reaffirmed its full-year 2025 normalized funds from operations (FFO) guidance. Jefferies initiated coverage on Armada Hoffler with a buy rating, setting a price target of $8.00, citing the company’s solid fundamentals and well-covered dividend despite recent market challenges. Additionally, Armada Hoffler announced the appointment of KPMG LLP as its new auditor starting in 2026, replacing Ernst & Young LLP. The company declared a regular quarterly cash dividend of $0.14 per common share, with a separate dividend for its preferred stock. Eva Hardy, a long-serving board member, will retire in alignment with the company’s mandatory retirement age policy. These developments highlight ongoing strategic and operational adjustments within Armada Hoffler.
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