December 1, 2016 - By Adrian Mccoy · 0 Comments
Highwoods Properties Inc (NYSE:HIW) institutional sentiment decreased to 1.14 in 2016 Q2. Its down -0.05, from 1.19 in 2016Q1. The ratio is negative, as 119 funds increased or opened new positions, while 100 sold and decreased their positions in Highwoods Properties Inc. The funds in our partner’s database now own: 99.98 million shares, down from 102.31 million shares in 2016Q1. Also, the number of funds holding Highwoods Properties Inc in their top 10 positions increased from 0 to 1 for an increase of 1. Sold All: 17 Reduced: 83 Increased: 85 New Position: 34.
Highwoods Properties, Inc. is a real estate investment trust. The company has a market cap of $4.69 billion. The Firm provides leasing, management, development, construction and other customer-related services for its properties and for third-parties. It has a 57.61 P/E ratio. The Firm is engaged in the business of operation, acquisition and development of real estate properties.
About 4,957 shares traded hands. Highwoods Properties Inc (NYSE:HIW) has risen 0.71% since April 28, 2016 and is uptrending. It has underperformed by 5.21% the S&P500.
Analysts await Highwoods Properties Inc (NYSE:HIW) to report earnings on February, 14. They expect $0.82 EPS, 0.00% or $0.00 from last year’s $0.82 per share. HIW’s profit will be $81.15M for 14.45 P/E if the $0.82 EPS becomes a reality. After $0.82 actual EPS reported by Highwoods Properties Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
According to Zacks Investment Research, “Highwoods Properties, Inc. is a fully integrated, self-administered real estate investment trust that provides leasing, management, development, construction and other customer-related services for its properties and for third parties. The company owns or has an interest in office, industrial, retail and service center properties, including development projects and apartment units. (Company Press Release)”
Garland Capital Management Inc holds 3.47% of its portfolio in Highwoods Properties Inc for 82,325 shares. Putnam Fl Investment Management Co owns 351,819 shares or 2.2% of their US portfolio. Moreover, Cornerstone Real Estate Advisers Llc has 2.16% invested in the company for 123,842 shares. The Missouri-based Atwood & Palmer Inc has invested 2.08% in the stock. Copper Rock Capital Partners Llc, a Massachusetts-based fund reported 462,744 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 4 sales for $6.54 million net activity.
Ratings analysis reveals 44% of Highwoods Properties’s analysts are positive. Out of 9 Wall Street analysts rating Highwoods Properties, 4 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $47.0 while the high is $55. The stock’s average target of $49.83 is 5.15% above today’s ($47.39) share price. HIW was included in 12 notes of analysts from August 6, 2015. The company was upgraded on Wednesday, September 9 by Suntrust Robinson. The stock has “Hold” rating given by BB&T Capital on Friday, November 13. The stock of Highwoods Properties Inc (NYSE:HIW) has “Buy” rating given on Thursday, October 27 by Stifel Nicolaus. On Wednesday, September 9 the stock rating was upgraded by SunTrust to “Buy”. The rating was upgraded by Zacks on Thursday, August 6 to “Hold”. On Monday, October 26 the stock rating was upgraded by Jefferies to “Buy”. Robert W. Baird downgraded Highwoods Properties Inc (NYSE:HIW) on Thursday, January 7 to “Neutral” rating. As per Thursday, August 20, the company rating was upgraded by Capital One. On Thursday, May 12 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. The rating was initiated by BTIG Research on Thursday, August 25 with “Neutral”.
Highwoods Properties, Inc., incorporated on February 25, 1994, is a real estate investment trust. The Firm provides leasing, management, development, construction and other customer-related services for its properties and for third-parties. The Firm is engaged in the business of operation, acquisition and development of real estate properties. The Firm conducts its activities through Highwoods Realty Limited Partnership (the Operating Partnership).
More recent Highwoods Properties Inc (NYSE:HIW) news were published by: Bizjournals.com which released: “Loeb, Boyle, Highwoods plan to make Poplar more pedestrian-friendly” on December 01, 2016. Also Bizjournals.com published the news titled: “Highwoods Properties Inc. to develop a 12-story tower in the Cumberland Galleria” on June 05, 2015. Nasdaq.com‘s news article titled: “Highwoods Properties, Inc. (HIW) Ex-Dividend Date Scheduled for November 09, 2016” with publication date: November 08, 2016 was also an interesting one.
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By Adrian Mccoy