United Capital Financial Advisors LLC Acquires New Shares in Highwoods Properties, Inc. $HIW

United Capital Financial Advisors LLC acquired a new position in Highwoods Properties, Inc. (NYSE:HIW) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 18,263 shares of the real estate investment trust’s stock, valued at approximately $551,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Highwoods Properties in the 2nd quarter valued at $633,717,000. Vanguard Group Inc. raised its holdings in Highwoods Properties by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 16,903,497 shares of the real estate investment trust’s stock valued at $436,448,000 after buying an additional 407,406 shares during the period. State Street Corp raised its holdings in Highwoods Properties by 1.2% in the 4th quarter. State Street Corp now owns 6,699,130 shares of the real estate investment trust’s stock valued at $172,972,000 after buying an additional 81,348 shares during the period. Aew Capital Management L P lifted its position in Highwoods Properties by 3.8% in the fourth quarter. Aew Capital Management L P now owns 2,433,243 shares of the real estate investment trust’s stock valued at $62,826,000 after buying an additional 88,672 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its position in Highwoods Properties by 0.7% in the third quarter. Daiwa Securities Group Inc. now owns 2,205,348 shares of the real estate investment trust’s stock valued at $70,174,000 after buying an additional 14,410 shares during the last quarter. Hedge funds and other institutional investors own 96.31% of the company’s stock.

Highwoods Properties Stock Performance

Shares of Highwoods Properties stock opened at $30.61 on Tuesday. Highwoods Properties, Inc. has a one year low of $20.45 and a one year high of $35.44. The company has a market cap of $3.38 billion, a PE ratio of 20.14 and a beta of 1.05. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.68 and a current ratio of 1.68. The business has a 50-day simple moving average of $31.78 and a 200-day simple moving average of $26.90.

Highwoods Properties (NYSE:HIW) last issued its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.01). Highwoods Properties had a net margin of 20.74% and a return on equity of 7.06%. The firm had revenue of $216.38 million during the quarter, compared to analyst estimates of $212.15 million. During the same period last year, the business earned $0.89 EPS. The firm’s revenue was up 7.9% compared to the same quarter last year. Highwoods Properties has set its FY 2026 guidance at 3.460-3.700 EPS. On average, equities research analysts forecast that Highwoods Properties, Inc. will post 3.53 EPS for the current fiscal year.

Highwoods Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 17th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Monday, August 17th. Highwoods Properties’s payout ratio is 131.58%.

Wall Street Analysts Forecast Growth

HIW has been the subject of a number of recent analyst reports. Citigroup lifted their price target on shares of Highwoods Properties from $24.00 to $34.00 and gave the company a “neutral” rating in a research report on Tuesday, August 4th. Mizuho upped their price objective on shares of Highwoods Properties from $25.00 to $30.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Weiss Ratings raised shares of Highwoods Properties from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft downgraded shares of Highwoods Properties from a “buy” rating to a “hold” rating and set a $33.00 target price for the company. in a report on Wednesday, August 5th. Finally, Truist Financial boosted their target price on Highwoods Properties from $23.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, June 26th. One analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $31.67.

Highwoods Properties 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.