Highwoods Properties, Inc. (NYSE:HIW) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its holdings in Highwoods Properties, Inc. (NYSE:HIW – Free Report) by 6.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.

The institutional investor owned 25,905 shares of the real estate investment trust’s stock after acquiring an additional 1,521 shares during the period. Commonwealth Equity Services LLC’s holdings in Highwoods Properties were worth $792,000 as of its most recent filing with the Securities & Exchange Commission. A number of other large investors have also modified their holdings of HIW.



Jones Financial Companies Lllp grew its stake in Highwoods Properties by 375.0% during the 4th quarter. Jones Financial Companies Lllp now owns 855 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 675 shares in the last quarter.

Quarry LP purchased a new position in shares of Highwoods Properties in the 3rd quarter valued at about $48,000. Smartleaf Asset Management LLC grew its position in shares of Highwoods Properties by 124.7% during the fourth quarter.

Smartleaf Asset Management LLC now owns 2,434 shares of the real estate investment trust’s stock worth $73,000 after buying an additional 1,351 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Highwoods Properties by 363.7% during the fourth quarter.

EverSource Wealth Advisors LLC now owns 2,972 shares of the real estate investment trust’s stock worth $91,000 after buying an additional 2,331 shares during the period. Finally, Versant Capital Management Inc raised its holdings in Highwoods Properties by 12.0% in the fourth quarter.

Versant Capital Management Inc now owns 3,052 shares of the real estate investment trust’s stock valued at $93,000 after acquiring an additional 327 shares in the last quarter. Hedge funds and other institutional investors own 96.31% of the company’s stock.

Highwoods Properties Price PerformanceShares of HIW opened at $29.85 on Thursday. The firm has a fifty day moving average price of $29.

07 and a 200 day moving average price of $31.07. The stock has a market cap of $3.

21 billion, a PE ratio of 31.42 and a beta of 1.25.

Highwoods Properties, Inc. has a 1-year low of $23.52 and a 1-year high of $36.

78. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.

25 and a quick ratio of 1.25. Highwoods Properties (NYSE:HIW – Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th.

The real estate investment trust reported $0.85 EPS for the quarter, meeting analysts’ consensus estimates of $0.85.

Highwoods Properties had a net margin of 12.37% and a return on equity of 4.33%.

As a group, sell-side analysts anticipate that Highwoods Properties, Inc. will post 3.36 EPS for the current year.

Highwoods Properties Dividend AnnouncementThe business also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th were issued a dividend of $0.50 per share.

This represents a $2.00 annualized dividend and a dividend yield of 6.70%.

The ex-dividend date of this dividend was Tuesday, February 18th. Highwoods Properties’s dividend payout ratio is presently 210.53%.

Analysts Set New Price TargetsSeveral research analysts have commented on HIW shares. Jefferies Financial Group initiated coverage on shares of Highwoods Properties in a report on Monday, March 17th. They set a “buy” rating and a $32.

00 price target for the company. StockNews.com upgraded shares of Highwoods Properties from a “sell” rating to a “hold” rating in a research note on Friday, March 14th.

Mizuho raised their price target on Highwoods Properties from $24.00 to $29.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th.

Finally, Truist Financial lowered their price objective on Highwoods Properties from $33.00 to $32.00 and set a “buy” rating for the company in a research report on Thursday, February 13th.

Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $32.50.

View Our Latest Report on Highwoods PropertiesAbout Highwoods Properties (Free Report)Highwoods Properties, Inc, headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (REIT) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa.Featured ArticlesFive stocks we like better than Highwoods Properties3 Small Caps With Big Return PotentialHomebuilders in Freefall: Bargain Opportunity or Falling Knife?How is Compound Interest Calculated?The 3 Most Talked About Investments on WallStreetBets Right NowHow to Invest in Biotech StocksAnalyst Targets Signal More Growth in CrowdStrike Stock.