Deutsche Bank AG acquired a new stake in shares of Highwoods Properties, Inc. (NYSE:HIW - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 165,165 shares of the real estate investment trust's stock, valued at approximately $4,981,000. Deutsche Bank AG owned about 0.15% of Highwoods Properties at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd boosted its holdings in shares of 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 valued at $25,000 after acquiring an additional 372 shares during the last quarter. Elevation Wealth Partners LLC increased its position in Highwoods Properties by 752.0% during the second quarter. Elevation Wealth Partners LLC now owns 1,065 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 940 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings 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 acquiring an additional 1,252 shares during the period. Farther Finance Advisors LLC lifted its holdings in Highwoods Properties by 285.8% in the fourth quarter. Farther Finance Advisors LLC now owns 1,983 shares of the real estate investment trust's stock valued at $51,000 after acquiring an additional 1,469 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in Highwoods Properties by 97.4% in the second quarter. EverSource Wealth Advisors LLC now owns 2,242 shares of the real estate investment trust's stock worth $70,000 after purchasing an additional 1,106 shares during the last quarter. 96.31% of the stock is currently owned by institutional investors.
Highwoods Properties Trading Up 0.5%
Shares of HIW opened at $31.94 on Wednesday. The firm has a market cap of $3.52 billion, a P/E ratio of 21.02 and a beta of 1.05. Highwoods Properties, Inc. has a 1 year low of $20.45 and a 1 year high of $35.44. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.68 and a quick ratio of 1.68. The company has a 50 day simple moving average of $31.62 and a two-hundred day simple moving average of $26.75.
Highwoods Properties (NYSE:HIW - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.85 EPS 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 company had revenue of $216.38 million for the quarter, compared to the consensus estimate of $212.15 million. During the same period last year, the company earned $0.89 EPS. The firm's revenue for the quarter was up 7.9% on a year-over-year basis. Highwoods Properties has set its FY 2026 guidance at 3.460-3.700 EPS. On average, equities analysts expect that Highwoods Properties, Inc. will post 3.53 earnings per share for the current fiscal year.
Highwoods Properties Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 17th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 6.3%. The ex-dividend date is Monday, August 17th. Highwoods Properties's dividend payout ratio (DPR) is currently 131.58%.
Analyst Ratings Changes
Several research analysts have recently weighed in on HIW shares. Deutsche Bank Aktiengesellschaft cut shares of Highwoods Properties from a "buy" rating to a "hold" rating and set a $33.00 price target on the stock. in a research note on Wednesday, August 5th. Wells Fargo & Company raised their target price on Highwoods Properties from $24.00 to $26.00 and gave the stock an "equal weight" rating in a report on Monday, June 1st. Citigroup lifted their target price on Highwoods Properties from $24.00 to $34.00 and gave the company a "neutral" rating in a research report on Tuesday, August 4th. Weiss Ratings raised Highwoods Properties from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, July 31st. Finally, Mizuho upped their price target on Highwoods Properties from $25.00 to $30.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $31.67.
View Our Latest Stock Report on Highwoods Properties
About Highwoods Properties
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Free Report)
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.
Further Reading
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).

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