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Highwoods Properties, Inc. (HIW) Position Maintained by RMR Advisors LLC

13 Août 2017

379,540 shares of the stock traded hands. Equities analysts predict that Highwoods Properties will post $1.19 EPS for the current fiscal year. SunTrust Banks also issued estimates for Highwoods Properties' FY2019 earnings at $3.67 EPS, FY2020 earnings at $3.83 EPS and FY2021 earnings at $3.95 EPS.

Accern also gave headlines about the real estate investment trust an impact score of 48.6002942574129 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. ValuEngine upgraded shares of Highwoods Properties from a "hold" rating to a "buy" rating in a research note on Thursday, May 11th. Stifel Nicolaus reissued a buy rating and set a $55.00 price objective on shares of Highwoods Properties in a research report on Wednesday, April 19th. Finally, BidaskClub upgraded shares of Highwoods Properties from a "sell" rating to a "hold" rating in a research note on Wednesday, June 14th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company's stock.

On May 12, 2016 Morgan Stanley held the price target at $50.00 but cut the company to Equal-weight from Overweight.

Shares of Highwoods Properties (NYSE:HIW) traded up 0.88% during mid-day trading on Thursday, hitting $50.16. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & worldwide copyright & trademark laws. The original version of this news story can be accessed at https://www.com-unik.info/2017/08/09/shell-asset-management-co-has-1011000-stake-in-highwoods-properties-inc-hiw.html.

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The company is up from yesterday's close of $50.45. The value of the company's investment in Highwoods Properties, Inc. went from $2,428,000 to $2,549,000 a change of 5.0% quarter to quarter.

Shares are trading at $50.25 a tad below the 50 day moving average of $50.78 and just a bit lower than the 200 day moving average of $50.78. The stock has a market cap of $5.18 billion, a PE ratio of 40.00 and a beta of 0.88.

Highwoods Properties (NYSE:HIW) last announced its quarterly earnings data on Tuesday, July 25th. As of the latest earnings report the EPS was $1.25 and is projected to be $1.19 for the current year with 103,236,000 shares now outstanding. The business had revenue of $177.28 million during the quarter, compared to the consensus estimate of $172.28 million. Highwoods Properties had a return on equity of 5.96% and a net margin of 18.79%. The company's revenue for the quarter was up 6.2% compared to the same quarter previous year. $94,104 worth of stock was sold by Klinck Theodore J on Wednesday, March 1. The stock was sold at an average price of $52.51, for a total value of $525,100.00. Following the sale, 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Moreover, Barings Real Estate Advisers Llc has 1.88% invested in the company for 108,532 shares. Institutional investors and hedge funds own 98.77% of the company's stock. Highwoods Properties's dividend payout ratio (DPR) is presently 141.94%. Russell Investments Group Ltd. now owns 86,333 shares of the real estate investment trust's stock valued at $4,379,000 after buying an additional 18,536 shares during the period. AQR Capital Management LLC increased its stake in shares of Highwoods Properties by 19.3% in the fourth quarter. BlackRock Inc. now owns 11,832,053 shares of the real estate investment trust's stock worth $581,309,000 after buying an additional 11,575,615 shares during the last quarter. Retirement Systems of Alabama increased its position in Highwoods Properties by 1.4% in the first quarter. Public Employees Retirement Association of Colorado now owns 3,161 shares of the real estate investment trust's stock valued at $160,000 after buying an additional 124 shares during the period. Geode Capital Management LLC boosted its stake in Highwoods Properties by 12.9% in the first quarter. Finally, Oppenheimer Asset Management Inc. bought a new stake in shares of Highwoods Properties during the first quarter valued at about $255,000. Frontier Capital Mgmt Limited Liability stated it has 0% in Highwoods Properties Inc (NYSE:HIW).