State Of Wisconsin Invest Board stated it has 0.01% of its portfolio in Highwoods Properties Inc (NYSE:HIW). 291,764 shares of the stock traded hands. RMR Advisors LLC's holdings in Highwoods Properties were worth $2,536,000 at the end of the most recent reporting period. Highwoods Properties Inc (NYSE:HIW) has risen 13.20% since August 11, 2016 and is uptrending. 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.
ILLEGAL ACTIVITY WARNING: "Somewhat Positive Press Coverage Somewhat Unlikely to Affect Highwoods Properties (HIW) Share Price" was first posted by TheOlympiaReport and is the property of of TheOlympiaReport. Envestnet Asset Management Inc. now owns 3,083 shares of the real estate investment trust's stock valued at $151,000 after buying an additional 369 shares during the period. The Adelante Capital Management Llc holds 645,024 shares with $32.90M value, up from 447,448 last quarter. Daiwa Securities Group Inc. increased its stake in shares of Highwoods Properties by 5.4% in the second quarter. Public Employees Retirement Association of Colorado boosted its position in Highwoods Properties by 4.1% in the second quarter. Insiders own 1.90% of the company's stock. Meeder Asset Management Inc, a Ohio-based fund reported 18,623 shares. Moreover, Ubs Asset Mgmt Americas Inc has 0.01% invested in Highwoods Properties Inc (NYSE:HIW) for 168,385 shares.
The company is trading up by 0.20% since yesterday's close of $50.15. The firm has a market cap of $5.16 billion, a PE ratio of 39.86 and a beta of 0.88. The company's 50-day moving average is $50.66 and its 200 day moving average is $50.76. The stock's market capitalization is 5.21B, it has a 52-week low of 45.83 and a 52-week high of 54.98. Zacks upgraded Highwoods Properties Inc (NYSE:HIW) rating on Thursday, August 6. As of the last earnings report the EPS was $1.25 and is expected to be $1.19 for the current year with 103,236,000 shares presently outstanding. The business had revenue of $177.28 million during the quarter, compared to the consensus estimate of $172.28 million. Also, the number of institutional investors holding Highwoods Properties Inc in their top 10 equity positions increased from 0 to 1 for an increase of 1. The business's quarterly revenue was up 6.2% compared to the same quarter a year ago. Next quarter's EPS is estimated at $0.31 with next year's EPS anticipated to be $1.29.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Investors of record on Monday, August 14th will be paid a $0.44 dividend. This dividend represents a yield of $3.49. The ex-dividend date of this dividend is Thursday, August 10th. Highwoods Properties's dividend payout ratio (DPR) is 141.94%. "(HIW) Position Maintained by RMR Advisors LLC" was reported by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States and worldwide copyright legislation. Thrivent Financial For Lutherans has 0.02% invested in Highwoods Properties Inc (NYSE:HIW).
Several equities analysts have recently issued reports on the company. Out of 9 Wall Street analysts rating Highwoods Properties, 3 give it "Buy", 0 "Sell" rating, while 6 recommend "Hold".
Highwoods Properties, Inc. had its "buy" rating reiterated by analysts at Stifel Nicolaus. Finally, BidaskClub raised Highwoods Properties from a "sell" rating to a "hold" rating in a report on Wednesday, June 14th.
Among 20 analysts covering Mallinckrodt (NYSE:MNK), 17 have Buy rating, 0 Sell and 3 Hold. On May 12 the company was downgraded from "Overweight" to "Equal-weight" with a current price target of $50.00 by Morgan Stanley. The insider Klinck Theodore J sold 1,800 shares worth $94,104. 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 owns 63,194 shares in the company, valued at $3,318,316.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Miller Howard Investments Incorporated New York has invested 0.08% in Highwoods Properties Inc (NYSE:HIW).