Highwoods Properties, Inc. (NYSE:HIW) is expected to pay $0.43 on Dec 6, 2016. The indicated annual dividend is $1.70. Shareholders owning the stock before Nov 9, 2016 will be eligible to receive the payout. Based on Highwoods Properties, Inc.’s current price of $48.30, the dividend is 0.88%. This dividend’s record date is Nov 14, 2016 and the announcement date is Oct 25, 2016. The stock increased 2.18% or $1.03 during the last trading session, hitting $48.3. Highwoods Properties Inc (NYSE:HIW) has declined 0.15% since April 5, 2016 and is downtrending. It has underperformed by 2.10% the S&P500.
Highwoods Properties, Inc. is a real estate investment trust. The company has a market cap of $4.75 billion. The Firm provides leasing, management, development, construction and other customer-related services for its properties and for third-parties. It has a 58.72 P/E ratio. The Firm is engaged in the business of operation, acquisition and development of real estate properties.
Insitutional Activity: The institutional sentiment increased to 1.19 in 2016 Q2. Its up 0.01, from 1.18 in 2016Q1. The ratio is positive, as 17 funds sold all Highwoods Properties Inc shares owned while 83 reduced positions. 34 funds bought stakes while 85 increased positions. They now own 99.98 million shares or 2.28% less from 102.31 million shares in 2016Q1.
Arizona State Retirement holds 0.03% of its portfolio in Highwoods Properties Inc (NYSE:HIW) for 40,817 shares. The Texas-based Texas Permanent School Fund has invested 0.05% in Highwoods Properties Inc (NYSE:HIW). First Manhattan accumulated 0.01% or 25,200 shares. Babson Limited Company has 0.02% invested in the company for 17,700 shares. The Ontario – Canada-based Brookfield Asset Mngmt has invested 0.58% in Highwoods Properties Inc (NYSE:HIW). Enterprise Fincl Serv Corp owns 109 shares or 0% of their US portfolio. Ajo Lp reported 42,671 shares or 0.01% of all its holdings. Envestnet Asset Management reported 2,932 shares or 0% of all its holdings. Apg Asset Mngmt Us accumulated 0.93% or 2.25 million shares. Moreover, Wells Fargo Mn has 0% invested in Highwoods Properties Inc (NYSE:HIW) for 46,521 shares. Moreover, Carroll Associate Inc has 0% invested in Highwoods Properties Inc (NYSE:HIW) for 100 shares. Henderson Gp Pcl reported 192,910 shares or 0.08% of all its holdings. Garland Cap Mngmt last reported 3.47% of its portfolio in the stock. Mutual Of America Cap Management has invested 0.24% of its portfolio in Highwoods Properties Inc (NYSE:HIW). Moreover, Daiwa Secs Group Inc Inc has 1.14% invested in Highwoods Properties Inc (NYSE:HIW) for 3.60 million shares.
Insider Transactions: Since May 9, 2016, the stock had 0 insider purchases, and 5 insider sales for $6.90 million net activity. Klinck Theodore J sold $605,717 worth of Highwoods Properties Inc (NYSE:HIW) on Monday, May 9. On Wednesday, June 29 the insider FRITSCH EDWARD J sold $4.49M. The insider Miller Jeffrey Douglas sold $221,319. 12,124 shares were sold by Mulhern Mark F, worth $591,045. $359,632 worth of shares were sold by KELLETT SHERRY A on Thursday, May 26.
Highwoods Properties Inc (NYSE:HIW) Ratings Coverage
Out of 9 analysts covering Highwoods Properties (NYSE:HIW), 4 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 44% are positive. Highwoods Properties has been the topic of 12 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by Zacks on Thursday, August 6. On Thursday, August 20 the stock rating was upgraded by Capital One to “Equal Weight”. The firm has “Hold” rating given on Friday, November 13 by BB&T Capital. The firm has “Buy” rating by Suntrust Robinson given on Wednesday, September 9. As per Thursday, March 17, the company rating was downgraded by SunTrust. Robert W. Baird downgraded Highwoods Properties Inc (NYSE:HIW) on Thursday, January 7 to “Neutral” rating. The rating was upgraded by SunTrust on Wednesday, September 9 to “Buy”. Stifel Nicolaus upgraded the stock to “Buy” rating in Thursday, October 27 report. Jefferies upgraded the shares of HIW in a report on Monday, October 26 to “Buy” rating. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Thursday, May 12 report.
HIW Company Profile
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).
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