A number of other hedge funds and other institutional investors have also recently bought and sold shares of HIW. State Treasurer State of MI now owns 42,100 shares of the real estate investment trust's stock valued at $2,135,000 after buying an additional 800 shares during the period. Van Cleef Asset Management Inc increased its position in Highwoods Properties by 2.5% in the first quarter. Vanguard Group Inc. now owns 16,087,977 shares of the real estate investment trust's stock worth $790,402,000 after buying an additional 749,245 shares during the last quarter. Liberty Mutual Grp Asset reported 0.08% of its portfolio in Highwoods Properties Inc (NYSE:HIW). Daiwa Securities Group Inc. now owns 4,503,381 shares of the real estate investment trust's stock worth $228,367,000 after buying an additional 230,723 shares during the last quarter. Geode Capital Management LLC boosted its stake in Highwoods Properties by 12.9% in the first 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. Forsta AP Fonden boosted its position in shares of Highwoods Properties by 173.5% in the second quarter. Rafferty Asset Management LLC now owns 17,367 shares of the real estate investment trust's stock valued at $853,000 after buying an additional 12,550 shares during the last quarter.
01/07/2016 - Highwoods Properties, Inc. was downgraded to "neutral" by analysts at Robert W. Baird. (NYSE:HIW) opened at 49.98 on Friday.
The company is up from yesterday's close of $50.45. The firm's 50-day moving average price is $51.07 and its 200 day moving average price is $50.83. The value of the investment in Highwoods Properties, Inc. increased from $9,513,000 to $10,227,000 a change of $714,000 quarter to quarter.
The P/E ratio is now 40.07 and the market cap of the company is 5.19B. Zacks upgraded Highwoods Properties Inc (NYSE:HIW) rating on Thursday, August 6. In the last earnings report the EPS was $1.25 and is projected to be $1.19 for the current year with 103,236,000 shares outstanding. Highwoods Properties had a net margin of 22.31% and a return on equity of 7.05%. During the same period in the previous year, the firm posted $0.32 earnings per share. The firm's revenue was up 6.2% compared to the same quarter previous year. Equities analysts forecast that Highwoods Properties will post $1.19 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 6th. The dividend payment will be $0.440 per share for the quarter or $1.76 on an annualized basis. The ex-dividend date will be Monday May 15th, 2017. The dividend yield will be $3.49. Highwoods Properties's payout ratio is now 141.94%.
Ratings analysis reveals 33% of Highwoods Properties's analysts are positive. If you are reading this report on another publication, it was stolen and republished in violation of USA & global copyright and trademark legislation. The legal version of this story can be read at https://www.baseball-news-blog.com/2017/08/13/highwoods-properties-nysehiw-receiving-somewhat-positive-news-coverage-accern-reports-updated-updated.html.
Several equities analysts have recently issued reports on the company.
BidaskClub downgraded shares of Highwoods Properties, Inc. Stifel Nicolaus reaffirmed a "buy" rating and set a $55.00 target price on shares of Highwoods Properties in a report on Wednesday, April 19th. ValuEngine cut Highwoods Properties from a "buy" rating to a "hold" rating in a report on Friday, June 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company's stock. $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 value of $525,100.00. Following the transaction, the chief operating officer now 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 SEC, which is accessible through this hyperlink. Insiders own 1.90% of the company's stock.
Highwoods Properties, Inc is an office real estate investment trust (REIT).