Highwoods Properties, Inc. $HIW is GRS Advisors LLC’s 4th Largest Position

GRS Advisors LLC raised its stake in shares of Highwoods Properties, Inc. (NYSE:HIW) by 64.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,046,809 shares of the real estate investment trust’s stock after purchasing an additional 799,339 shares during the period. Highwoods Properties accounts for 6.1% of GRS Advisors LLC’s portfolio, making the stock its 4th largest position. GRS Advisors LLC’s holdings in Highwoods Properties were worth $65,129,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of Highwoods Properties by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 16,496,091 shares of the real estate investment trust’s stock valued at $524,906,000 after purchasing an additional 295,289 shares during the last quarter. State Street Corp increased its holdings in shares of Highwoods Properties by 1.3% during the 2nd quarter. State Street Corp now owns 6,564,027 shares of the real estate investment trust’s stock worth $204,076,000 after buying an additional 86,506 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Highwoods Properties by 3.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,302,750 shares of the real estate investment trust’s stock worth $200,554,000 after buying an additional 205,761 shares during the last quarter. Aew Capital Management L P raised its position in shares of Highwoods Properties by 95.4% in the 3rd quarter. Aew Capital Management L P now owns 2,344,571 shares of the real estate investment trust’s stock worth $74,604,000 after buying an additional 1,144,991 shares during the period. Finally, Daiwa Securities Group Inc. boosted its holdings in Highwoods Properties by 0.4% in the second quarter. Daiwa Securities Group Inc. now owns 2,190,938 shares of the real estate investment trust’s stock valued at $68,116,000 after acquiring an additional 8,525 shares during the last quarter. Hedge funds and other institutional investors own 96.31% of the company’s stock.

Highwoods Properties Trading Down 0.5%

NYSE:HIW opened at $21.46 on Friday. The business’s 50-day moving average is $24.73 and its two-hundred day moving average is $27.55. The firm has a market capitalization of $2.36 billion, a PE ratio of 14.70 and a beta of 1.07. Highwoods Properties, Inc. has a 12 month low of $21.18 and a 12 month high of $32.76. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.41 and a quick ratio of 1.41.

Highwoods Properties (NYSE:HIW) last issued its earnings results on Tuesday, February 10th. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.58). Highwoods Properties had a return on equity of 6.86% and a net margin of 20.10%.The company had revenue of $203.36 million during the quarter, compared to analysts’ expectations of $208.08 million. During the same period in the previous year, the company earned $0.85 EPS. Highwoods Properties’s quarterly revenue was down .9% on a year-over-year basis. Highwoods Properties has set its FY 2026 guidance at 3.400-3.680 EPS. Research analysts predict that Highwoods Properties, Inc. will post 3.36 earnings per share for the current fiscal year.

Highwoods Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 9.3%. The ex-dividend date was Tuesday, February 17th. Highwoods Properties’s dividend payout ratio is currently 136.99%.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Highwoods Properties in a research note on Thursday, January 22nd. Mizuho reduced their price objective on Highwoods Properties from $30.00 to $25.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 24th. Wall Street Zen upgraded Highwoods Properties from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Citigroup dropped their target price on shares of Highwoods Properties from $30.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Finally, Robert W. Baird set a $29.00 price target on shares of Highwoods Properties in a report on Wednesday, February 25th. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $29.20.

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.