Highwoods Properties, Inc. (NYSE:HIW) Issues FY17 Earnings Guidance

Clearbridge Limited Liability Corporation has invested 0% in Highwoods Properties Inc (NYSE:HIW). (NYSE:HIW) during the second quarter, Holdings Channel reports. The firm owned 50,000 shares of the real estate investment trust's stock at the end of the second quarter. Shell Asset Management Co.'s holdings in Highwoods Properties were worth $1,011,000 as of its most recent filing with the SEC.

Several other analysts also recently commented on the stock. Van Cleef Asset Management Inc increased its position in Highwoods Properties by 2.5% in the first quarter. AQR Capital Management LLC now owns 57,428 shares of the real estate investment trust's stock valued at $2,930,000 after buying an additional 9,276 shares during the last quarter. As of the end of the quarter Eagle Asset Management Inc had acquired a total of 269,998 shares growing its stake by 510.5%. ProShare Advisors LLC now owns 55,398 shares of the real estate investment trust's stock valued at $1,783,000 after buying an additional 19,163 shares in the last quarter. FMR LLC increased its stake in shares of Highwoods Properties by 4.7% in the first quarter.

COPYRIGHT VIOLATION WARNING: "Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Highwoods Properties (NYSE:HIW) Stock Price" was first posted by BNB Daily and is the property of of BNB Daily. Louisiana State Employees Retirement System now owns 25,700 shares of the real estate investment trust's stock valued at $1,263,000 after buying an additional 900 shares in the last quarter. Forsta AP Fonden now owns 36,100 shares of the real estate investment trust's stock valued at $1,831,000 after buying an additional 22,900 shares during the period.

01/07/2016 - Highwoods Properties, Inc. was downgraded to "neutral" by analysts at Robert W. Baird.

Highwoods Properties (NYSE HIW) traded down 0.54% during midday trading on Friday, hitting $49.98.

The company is now up since yesterday's close of $50.45. Atwood & Palmer Inc who had been investing in Highwoods Pptys Inc for a number of months, seems to be less bullish one the $5.19B market cap company. The company has a 50 day moving average price of $50.93 and a 200-day moving average price of $50.83. 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.

Highwoods Properties (NYSE:HIW) last announced its quarterly earnings data on Tuesday, July 25th. In the last earnings report the EPS was $1.25 and is projected to be $1.19 for the current year with 103,236,000 shares outstanding. The business had revenue of $177.28 million during the quarter, compared to the consensus estimate of $172.28 million. Highwoods Properties's quarterly revenue was up 6.2% compared to the same quarter previous year. Next quarter's EPS is estimated at $0.31 with next year's EPS anticipated to be $1.29. On average, equities analysts predict that Highwoods Properties, Inc. will post $1.19 EPS for the current year. Stockholders of record on Monday, August 14th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.49%.

In related news, COO Theodore J. Klinck sold 10,000 shares of the firm's stock in a transaction dated Thursday, June 15th. Highwoods Properties's dividend payout ratio (DPR) is 141.94%. Morgan Stanley downgraded Highwoods Properties Inc (NYSE:HIW) rating on Thursday, May 12. "(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 report on another publication, it was stolen and republished in violation of USA & global copyright and trademark legislation.

Among 9 analysts covering Highwoods Properties (NYSE:HIW), 3 have Buy rating, 0 Sell and 6 Hold. Stifel Nicolaus restated a "buy" rating and set a $55.00 price objective on shares of Highwoods Properties in a research note on Wednesday, April 19th. About shares traded. Highwoods Properties Inc (NYSE:HIW) has risen 13.20% since August 11, 2016 and is uptrending. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company's stock. The company now has an average rating of "Hold" and a consensus price target of $55.00. The stock was sold at an average price of $52.51, for a total transaction of $525,100.00. Following the transaction, the chief operating officer now owns 63,194 shares in the company, valued at approximately $3,318,316.94. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Federated Inc Pa has invested 0.04% in Highwoods Properties Inc (NYSE:HIW). The Company's primary business is the operation, acquisition and development of office properties. The Company's divisions include Office and Other. The Company owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Greensboro, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.