Armada Hoffler Properties (NYSE: AHH) stock identified change of 22.32% away from 52-week low price and recently located move of -5.43% off 52-week high price. It has market worth of $1156.84M and dividend yield of 5.08%. AHH stock has been recorded 0.73% away from 50 day moving average and 7.56% away from 200 day moving average. Moving closer, we can see that shares have been trading -1.63% off 20-day moving average.
Armada Hoffler Properties (NYSE: AHH) announced that it has completed the previously announced acquisition of Thames Street Wharf, a certified LEED Gold Class A office building located in the Harbor Point development of Baltimore, Maryland. The 263,426 square foot trophy office building is 100% occupied and anchored by Morgan Stanley and Johns Hopkins Medicine. The Company acquired Thames Street Wharf from KBS, a private equity real estate company and one of the largest owners of commercial real estate, for $101 million.
Completed by Armada Hoffler Construction in 2010, Thames Street Wharf was the first building in Baltimore’s Harbor Point neighborhood. Situated between Harbor East and Fell’s Point, Harbor Point is the city’s largest downtown waterfront development site with capacity for up to three million square feet of mixed-use space on 27 acres. Thames Street Wharf is strategically located next to both 1405 Point, the Company’s 17-story luxury apartment high-rise building, and Wills Wharf, the 325,000 square foot, mixed-use building currently being developed by the Company.
The Financial sector company, Armada Hoffler Properties noticed change of 1.72% to $16.55 along volume of 883784 shares in recent session compared to an average volume of 190.12K. The stock observed return of -3.72% in 5 days trading activity. The stock was at 0.73% over one month performance. AHH’s shares are at 6.16% for the quarter and driving a 10.33% return over the course of the past year and is now at 17.71% since this point in 2018.
The average volatility for the week at 2.66% and for month was at 1.68%. There are 69.9M shares outstanding and 68.76M shares are floated in market. Right now the stock beta is 0.55.