Several other institutional investors have also recently modified their holdings of HIW. ValuEngine upgraded shares of Highwoods Properties from a "hold" rating to a "buy" rating in a research note on Thursday, May 11th.
On October 27 the company was rated "Buy" in a report from Stifel Nicolaus which was a boost from the previous "Hold" rating. On Friday, November 13 the stock rating was initiated by BB&T Capital with "Hold". Finally, BidaskClub upgraded shares of Highwoods Properties from a "sell" rating to a "hold" rating in a report on Wednesday, June 14th. (NYSE:HIW) from a hold rating to a sell rating in a report released on Wednesday, July 12th.
Renaissance Technologies LLC boosted its stake in shares of Highwoods Properties, Inc. 379,540 shares of the stock traded hands. The stock's 50-day moving average price is $50.93 and its 200-day moving average price is $50.83. Highwoods Properties has a one year low of $45.83 and a one year high of $54.31. The firm has a market capitalization of $5.16 billion, a P/E ratio of 39.86 and a beta of 0.88. "(NYSE:HIW) Issues FY17 Earnings Guidance" was first published by Stock Observer and is the sole property of of Stock Observer. The real estate investment trust reported $0.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.59. The business had revenue of $177.28 million during the quarter, compared to the consensus estimate of $172.28 million. Highwoods Properties had a net margin of 18.79% and a return on equity of 5.96%. Public Employees Retirement System of OH boosted its stake in shares of Highwoods Properties by 1.1% in the first quarter. During the same quarter in the prior year, the company earned $0.32 earnings per share. About shares traded. Highwoods Properties Inc (NYSE:HIW) has risen 13.20% since August 11, 2016 and is uptrending.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Stockholders of record on Monday, August 14th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 3.52%.
08/25/2016 - BTIG Research began new coverage on Highwoods Properties, Inc. giving the company a "neutral" rating. $94,104 worth of stock was sold by Klinck Theodore J on Wednesday, March 1. The shares were sold at an average price of $52.51, for a total transaction of $525,100.00. Following the completion of the transaction, the chief operating officer now directly owns 63,194 shares of the company's stock, valued at approximately $3,318,316.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Forsta AP Fonden now owns 36,100 shares of the real estate investment trust's stock valued at $1,831,000 after buying an additional 22,900 shares during the period. Institutional investors own 98.77% of the company's stock. The Endurant Capital Management Lp holds 99,128 shares with $4.94M value, down from 120,674 last quarter. Independent Portfolio Consultants Inc. now owns 2,743 shares of the real estate investment trust's stock valued at $139,000 after buying an additional 408 shares during the period. The correct version of this story can be accessed at https://theolympiareport.com/2017/08/10/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-highwoods-properties-hiw-share-price-updated.html. Tiaa Cref Investment Management LLC now owns 351,376 shares with a value of $17,818,000. FMR LLC increased its stake in shares of Highwoods Properties by 4.7% in the first quarter. World Asset Management Inc now owns 6,233 shares of the real estate investment trust's stock worth $306,000 after buying an additional 217 shares during the period. Oppenheimer Asset Management Inc. acquired a new stake in Highwoods Properties during the first quarter worth $255,000. Retirement Systems of Alabama now owns 131,254 shares of the real estate investment trust's stock valued at $6,449,000 after buying an additional 1,843 shares in the last quarter. State Treasurer State of MI boosted its position in shares of Highwoods Properties by 1.9% in the second quarter. State of Alaska Department of Revenue now owns 25,510 shares of the real estate investment trust's stock valued at $1,252,000 after buying an additional 5,630 shares in the last quarter. Federated Inc Pa has invested 0.04% in Highwoods Properties Inc (NYSE:HIW).