Aew Capital Management L P boosted its position in shares of Highwoods Properties, Inc. (NYSE:HIW – Free Report) by 3.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,433,243 shares of the real estate investment trust’s stock after purchasing an additional 88,672 shares during the period. Highwoods Properties makes up 4.5% of Aew Capital Management L P’s holdings, making the stock its 10th biggest holding. Aew Capital Management L P’s holdings in Highwoods Properties were worth $62,826,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of HIW. Caitong International Asset Management Co. Ltd raised its stake in Highwoods Properties by 88.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 792 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 372 shares during the period. Bell Investment Advisors Inc raised its position in Highwoods Properties by 921.4% in the third quarter. Bell Investment Advisors Inc now owns 858 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 774 shares during the period. Beacon Financial Strategies CORP purchased a new stake in Highwoods Properties in the fourth quarter valued at $34,000. Avalon Trust Co purchased a new stake in Highwoods Properties in the third quarter valued at $37,000. Finally, Geneos Wealth Management Inc. raised its position in Highwoods Properties by 292.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,680 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 1,252 shares during the period. 96.31% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
HIW has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $28.00 target price on shares of Highwoods Properties in a research report on Thursday, May 14th. Citigroup reduced their target price on Highwoods Properties from $30.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Truist Financial reduced their price target on shares of Highwoods Properties from $29.00 to $23.00 and set a “hold” rating on the stock in a research note on Tuesday, March 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Highwoods Properties in a research note on Thursday, January 22nd. Finally, Mizuho reduced their price target on shares of Highwoods Properties from $30.00 to $25.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 24th. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $27.78.
Highwoods Properties Price Performance
HIW stock opened at $25.43 on Thursday. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 1.46. The company has a market capitalization of $2.80 billion, a PE ratio of 30.28 and a beta of 1.08. Highwoods Properties, Inc. has a 12-month low of $20.45 and a 12-month high of $32.76. The business’s fifty day moving average price is $23.08 and its 200 day moving average price is $24.97.
Highwoods Properties (NYSE:HIW – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.13. The firm had revenue of $214.03 million for the quarter, compared to the consensus estimate of $209.06 million. Highwoods Properties had a return on equity of 3.97% and a net margin of 11.64%.The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.83 EPS. Highwoods Properties has set its FY 2026 guidance at 3.400-3.68 EPS. On average, sell-side analysts anticipate that Highwoods Properties, Inc. will post 3.53 EPS for the current year.
Highwoods Properties announced that its Board of Directors has authorized a stock repurchase program on Wednesday, April 22nd that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the real estate investment trust to purchase up to 9.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.
Highwoods Properties Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Monday, May 18th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend is Monday, May 18th. Highwoods Properties’s dividend payout ratio is presently 238.10%.
Highwoods Properties Company Profile
Highwoods Properties, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops, leases and manages office properties. The company’s portfolio is primarily focused on Class A office space, with an emphasis on high-quality buildings in key urban and suburban submarkets. Highwoods seeks to generate long-term, recurring revenues through a mix of in-place lease renewals, strategic dispositions and build-to-suit developments. Its asset management platform drives operational efficiencies and tenant service initiatives across its holdings.
Founded in 1970 and headquartered in Raleigh, North Carolina, Highwoods Properties has expanded its presence to eight major metropolitan regions across the Southeastern United States and Texas.
Featured Articles
- Five stocks we like better than Highwoods Properties
- From Zepbound to Foundayo: Lilly’s Latest Results Support Oral GLP-1 Outlook
- AI Consolidation Begins: Blackstone & Google Forge an AI Empire
- USA Rare Earth Posts Strong Q1 2026 as Massive Serra Vera Deal Looms
- 3 Space Infrastructure Stocks Gaining Momentum Ahead of the SpaceX IPO
Want to see what other hedge funds are holding HIW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Highwoods Properties, Inc. (NYSE:HIW – Free Report).
Receive News & Ratings for Highwoods Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highwoods Properties and related companies with MarketBeat.com's FREE daily email newsletter.
