508,311 Shares in Highwoods Properties, Inc. $HIW Acquired by Bayhunt Capital LLC

Key Points

• Bayhunt Capital LLC acquired 508,311 shares (~$13.13M) of Highwoods Properties in Q4, making HIW 7.2% of its portfolio and its fifth-largest holding; Bayhunt now owns about 0.46% of the company.
• Highwoods pays a high quarterly dividend (annualized $2.00, 8.9% yield) but has a payout ratio of 136.99%, and it recently missed Q4 EPS ($0.26 vs. $0.84) while issuing FY2026 guidance of 3.400–3.680 EPS.
• Shares trade near $22.46 with a market cap of $2.48B and a P/E of 15.38, and analysts' consensus rating is a Hold with a $27.67 average price target.

Bayhunt Capital LLC acquired a new position in shares of Highwoods Properties, Inc. (NYSE:HIW - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 508,311 shares of the real estate investment trust's stock, valued at approximately $13,125,000. Highwoods Properties comprises about 7.2% of Bayhunt Capital LLC's portfolio, making the stock its 5th biggest holding. Bayhunt Capital LLC owned about 0.46% of Highwoods Properties as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of HIW. Caitong International Asset Management Co. Ltd boosted its stake in Highwoods Properties by 88.6% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 792 shares of the real estate investment trust's stock worth $25,000 after acquiring an additional 372 shares during the last quarter. Bell Investment Advisors Inc boosted its stake in Highwoods Properties by 921.4% during the 3rd quarter. Bell Investment Advisors Inc now owns 858 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 774 shares during the last quarter. Beacon Financial Strategies CORP bought a new position in Highwoods Properties during the 4th quarter worth approximately $34,000. Avalon Trust Co bought a new position in Highwoods Properties during the 3rd quarter worth approximately $37,000. Finally, SJS Investment Consulting Inc. bought a new position in Highwoods Properties during the 3rd quarter worth approximately $49,000. Institutional investors own 96.31% of the company's stock.

Highwoods Properties Stock Performance

Shares of HIW stock opened at $22.46 on Friday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market capitalization of $2.48 billion, a P/E ratio of 15.38 and a beta of 1.05. The company's 50 day moving average price is $22.63 and its two-hundred day moving average price is $26.10. Highwoods Properties, Inc. has a 52 week low of $20.45 and a 52 week high of $32.76.

Highwoods Properties (NYSE:HIW - Get Free Report) last announced its earnings results on Tuesday, February 10th. The real estate investment trust reported $0.26 EPS 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 for the quarter, compared to analyst estimates of $208.08 million. During the same quarter last year, the business posted $0.85 earnings per share. The business'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. On average, analysts expect that Highwoods Properties, Inc. will post 3.36 earnings per share for the current fiscal year.

Highwoods Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were issued a $0.50 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.9%. Highwoods Properties's dividend payout ratio (DPR) is 136.99%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Robert W. Baird set a $29.00 price objective on shares of Highwoods Properties in a research note on Wednesday, February 25th. Citigroup reduced their price objective on shares of Highwoods Properties from $30.00 to $24.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 18th. Mizuho dropped their target price on shares of Highwoods Properties from $30.00 to $25.00 and set a "neutral" rating on the stock in a report on Tuesday, February 24th. Morgan Stanley upgraded shares of Highwoods Properties from an "underweight" rating to an "equal weight" rating and dropped their target price for the stock from $24.00 to $23.00 in a report on Tuesday, March 31st. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Highwoods Properties in a report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $27.67.

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.

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