Docoh
Loading...
Sign up Log in

HIW Highwoods Properties

Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.

Company profile

Ticker
HIW
Exchange
NYSE
Website
www.highwoods.com/
CEO
Theodore Klinck
Employees
Incorporated
Maryland
Location
North Carolina
Fiscal year end
Dec 31
Sector
Finance and Insurance > Other Financial Vehicles
Industry (SIC)
Real Estate Investment Trusts
Annaly Capital Management • Brookfield Property REIT • Simon Property • VEREIT • Erp Operating LTD Partnership • Equity Residential Properties Trust • Prologis • AGNC Investment • Boston Properties • Boston Properties LTD Partnership ...
Former names
HIGHWOODS PROPERTIES INC
SEC CIK
0000921082
Corporate docs
IRS number
561871668

HIW stock data

(
)

News

Pro users get this 30m faster
5 REIT Stocks You May Want To Consider
25 Mar 21
So you're interested in adding a real estate investment trust to your portfolio? As luck would have it, this article takes a look at five REITs that are somewhat under the proverbial radar and could complement your existing investing strategy.
Morgan Stanley Maintains Overweight on Highwoods Properties, Raises Price Target to $46
24 Mar 21
Morgan Stanley analyst Vikram Malhotra maintains Highwoods Properties (NYSE:HIW) with a Overweight and raises the price target from $44 to $46.
Earnings Scheduled For February 9, 2021
9 Feb 21
Companies Reporting Before The Bell • Camtek (NASDAQ:CAMT) is projected to report quarterly earnings at $0.19 per share on revenue of $43.07 million.
Benzinga's Top Ratings Upgrades, Downgrades For January 14, 2021
14 Jan 21
Janney Capital Upgrades Highwoods Properties to Buy
14 Jan 21

Press releases

Pro users get this 30m faster
Highwoods to Release First Quarter 2021 Results Tuesday, April 27th
30 Mar 21
RALEIGH, N.C., March 30, 2021 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) will release its first quarter 2021 results on Tuesday, April 27th, after the market closes. A conference call will be held the
Highwoods Recasts Credit Facility
18 Mar 21
Lowers All-In Borrowing CostIncreases Borrowing CapacityExtends Maturity Date RALEIGH, N.C., March 18, 2021 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has executed a recast of its unsecured revolving
Highwoods Properties, Inc. to Host Earnings Call
10 Feb 21
NEW YORK, NY / ACCESSWIRE / February 10, 2021 / Highwoods Properties, Inc. (NYSE:HIW) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 10, 2021 at 11:00 AM
Highwoods Announces Availability of Fourth Quarter and Full Year 2020 Results
9 Feb 21
Highwoods Declares Quarterly Dividends
2 Feb 21

Calendar

9 Feb 21
12 Apr 21
31 Dec 21

Financial summary

Financial statements Chart HIW financial data
Quarter (USD)
 Jun 20 Mar 20 Sep 19 Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
 Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

HIW insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Mar 21 Anne H Lloyd Common Stock Grant Aquire A No No 0 2,215 0 7,640
1 Mar 21 Gene H Anderson Common Stock Grant Aquire A No No 0 2,215 0 78,974
1 Mar 21 Charles Albert Anderson Common Stock Grant Aquire A No No 0 2,215 0 13,313
1 Mar 21 Jeffrey Douglas Miller Common Stock Sale back to company Dispose D No No 0 1,646 0 106,062
1 Mar 21 Jeffrey Douglas Miller Common Stock Payment of exercise Dispose F No No 0 3,194 0 107,708
1 Mar 21 Jeffrey Douglas Miller Common Stock Grant Aquire A No No 0 15,008 0 110,902
1 Mar 21 Brendan C Maiorana Common Stock Sale back to company Dispose D No No 0 522 0 19,303
1 Mar 21 Brendan C Maiorana Common Stock Payment of exercise Dispose F No No 0 1,054 0 19,825
1 Mar 21 Brendan C Maiorana Common Stock Grant Aquire A No No 0 5,352 0 20,879
Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

HIW institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

94.5% owned by funds/institutions
13F holders
 Current Prev Q Change
Total holders 291 297 -2.0%
Opened positions 37 32 +15.6%
Closed positions 43 45 -4.4%
Increased positions 99 127 -22.0%
Reduced positions 122 99 +23.2%
13F shares
 Current Prev Q Change
Total value 3.89B 3.24B +20.0%
Total shares 98.21M 96.43M +1.8%
Total puts 22.5K 134.1K -83.2%
Total calls 139.9K 101K +38.5%
Total put/call ratio 0.2 1.3 -87.9%
Largest owners
 Shares Value Change
Vanguard 14.46M $572.86M +1.3%
BLK Blackrock 11.58M $459.02M +2.4%
FMR 6.86M $271.68M -34.1%
Victory Capital Management 4.76M $188.62M -17.5%
STT State Street 4.48M $177.64M +0.6%
IVZ Invesco 2.59M $102.48M +672.0%
GS Goldman Sachs 2.46M $97.68M +627.5%
BMO Bank of Montreal 2.27M $84.93M +844.0%
Wellington Management 2.13M $84.31M +6.4%
Dimensional Fund Advisors 2.09M $82.72M +3.1%
Largest transactions
 Shares Bought/sold Change
FMR 6.86M -3.55M -34.1%
Zimmer Partners 37.5K -2.71M -98.6%
IVZ Invesco 2.59M +2.25M +672.0%
GS Goldman Sachs 2.46M +2.13M +627.5%
BMO Bank of Montreal 2.27M +2.03M +844.0%
BAM Brookfield Asset Management 2.02M +2.02M NEW
Norges Bank 1.22M +1.22M NEW
Victory Capital Management 4.76M -1.01M -17.5%
Nuveen Asset Management 336.69K -907.45K -72.9%
Waterfront Capital Partners 1.23M +738.6K +149.8%
Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

?
Management Discussion
  • In the first quarter of 2019, we provided information on Laser Spine Institute, which occupied a 176,000 square-foot, six-story building with structured parking in Tampa’s Westshore submarket, a BBD. The building, developed by us, had been used by Laser Spine Institute for both its company headquarters and an ambulatory surgery center. After the market closed on March 1, 2019, Laser Spine Institute announced it would immediately discontinue its operations. This unexpected announcement affected all of its locations nationwide. As a result of this sudden closure, in the first quarter of 2019, we incurred $5.6 million of credit losses on operating lease receivables and write-offs of $2.3 million of lease incentives, $4.1 million of notes receivable and $11.6 million of tenant improvements and deferred leasing costs.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: abate, acknowledged, add, addressing, advocate, answer, apprenticeship, behavior, behavioral, BofA, bore, budget, built, chain, clearing, collaborative, collegiality, color, concession, confidence, crafted, creativity, custody, cybersecurity, dedicated, dedication, demolition, demonstrate, department, deployment, depth, disability, distancing, distinction, drawn, duration, ease, economy, electricity, emphasize, empower, Empowerment, encourage, energized, enrichment, enterprise, environment, exemplary, expenditure, expertise, female, fluidity, focused, gender, goal, greatest, hard, headcount, Heart, honest, hope, hour, humility, humor, Humphrey, HVAC, inappropriate, indirectly, infection, innovative, instability, interbank, Intercontinental, introduce, labor, leave, light, listening, mandating, match, meaningfully, mentality, older, opportunity, orientation, OSHA, outbreak, outsource, pandemic, parental, phishing, pipeline, policy, pool, precluded, prepay, preying, prioritized, professional, proposition, question, race, rapid, rapidly, reached, recession, reconnaissance, reform, religion, remeasure, remotely, retention, reward, rewarded, Robinson, robust, role, rotating, rotation, sex, sexual, shortage, shutdown, sick, simplification, simplifying, situation, size, skilled, small, snow, social, steering, stemming, strain, streamlining, SunTrust, tailored, talent, teamwork, tenure, thereunder, traditional, training, travel, trend, turnover, uncertain, underperforming, unprecedented, unpredictability, usage, vendor, veteran, viable, vital, volume, volunteer, weaker, weather, West, workforce, workplace, worldwide, worsen, younger
Removed: Baird, borrowed, commonly, Edward, exceeded, Fenner, Foundation, Fritsch, instrument, Lynch, Merrill, opposed, passage, Pierce, post, pricing, prospectively, reclassify, replaced, restructured, retired, Robert, separately, setting, simultaneously, Smith, thereon, University, waterfall
From filing 10-K 2020 FY

Financial reports

View all
10-K
2020 FY
Annual report
9 Feb 21
10-Q
2020 Q3
Quarterly report
27 Oct 20
10-Q
2020 Q2
Quarterly report
28 Jul 20
10-Q
2020 Q1
Quarterly report
28 Apr 20
10-K
2019 FY
Annual report
4 Feb 20
10-Q
2019 Q3
Quarterly report
22 Oct 19
10-Q
2019 Q2
Quarterly report
23 Jul 19
10-Q
2019 Q1
Quarterly report
23 Apr 19
10-K
2018 FY
Annual report
4 Feb 19
10-Q
2018 Q3
Quarterly report
23 Oct 18

Current reports

View all
8-K
Entry into a Material Definitive Agreement
19 Mar 21
8-K
Departure of Directors or Certain Officers
16 Nov 20
8-K
Highwoods Announces Early Results of Tender Offer for Up to $150,000,000 of Outstanding 3.20% Notes due 2021
13 Aug 20
8-K
Highwoods Announces Tender Offer for Up to $100,000,000 Outstanding 3.20% Notes due 2021
31 Jul 20
8-K
Submission of Matters to a Vote of Security Holders
12 May 20
8-K
Regulation FD Disclosure
31 Mar 20
8-K
Other Events
5 Feb 20
8-K
Entry into a Material Definitive Agreement
13 Sep 19
8-K
Other Events
5 Sep 19
8-K
Departure of Directors or Certain Officers
21 Aug 19

Registration and prospectus

View all
S-8
Registration of securities for employees
19 Jun 20
424B5
Prospectus supplement for primary offering
5 Feb 20
S-3ASR
Automatic shelf registration
4 Feb 20
424B5
Prospectus supplement for primary offering
6 Feb 18
424B2
Prospectus for primary offering
7 Feb 17
S-3ASR
Automatic shelf registration
6 Feb 17
424B2
Prospectus for primary offering
9 Feb 16
S-8
Registration of securities for employees
12 May 15
424B3
Prospectus supplement
6 May 14
S-3/A
Shelf registration (amended)
16 Apr 14

Proxies

View all
DEFA14A
Additional proxy soliciting materials
26 Mar 21
DEF 14A
Definitive proxy
26 Mar 21
DEFA14A
Additional proxy soliciting materials
23 Apr 20
DEFA14A
Additional proxy soliciting materials
27 Mar 20
DEF 14A
Definitive proxy
27 Mar 20
DEFA14A
Additional proxy soliciting materials
29 Mar 19
DEF 14A
Definitive proxy
29 Mar 19
DEF 14A
Definitive proxy
29 Mar 18
DEF 14A
Definitive proxy
30 Mar 17
DEF 14A
Definitive proxy
31 Mar 16

Other

View all
EFFECT
Notice of effectiveness
1 May 14
CORRESP
Correspondence with SEC
29 Apr 14
CORRESP
Correspondence with SEC
16 Apr 14
UPLOAD
Letter from SEC
23 Feb 14
UPLOAD
Letter from SEC
16 May 13
CORRESP
Correspondence with SEC
30 Apr 13
UPLOAD
Letter from SEC
21 Apr 13
UPLOAD
Letter from SEC
10 Apr 12
CORRESP
Correspondence with SEC
22 Mar 12
UPLOAD
Letter from SEC
12 Mar 12

Ownership

View all
4
HIGHWOODS PROPERTIES / Mark F Mulhern ownership change
2 Mar 21
4
HIGHWOODS PROPERTIES / Brendan C Maiorana ownership change
2 Mar 21
4
HIGHWOODS PROPERTIES / Brian M Leary ownership change
2 Mar 21
4
HIGHWOODS PROPERTIES / Jeffrey Douglas Miller ownership change
2 Mar 21
4
HIGHWOODS PROPERTIES / Theodore J Klinck ownership change
2 Mar 21
4
HIGHWOODS PROPERTIES / David L Gadis ownership change
2 Mar 21
4
HIGHWOODS PROPERTIES / Thomas P Anderson ownership change
2 Mar 21
4
HIGHWOODS PROPERTIES / ANNE H LLOYD ownership change
2 Mar 21
4
HIGHWOODS PROPERTIES / Carlos E Evans ownership change
2 Mar 21
4
HIGHWOODS PROPERTIES / SHERRY A KELLETT ownership change
2 Mar 21

Transcripts

View all
2020 Q4
Earnings call transcript
10 Feb 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
29 Jul 20
2020 Q1
Earnings call transcript
29 Apr 20
2019 Q4
Earnings call transcript
5 Feb 20
2019 Q3
Earnings call transcript
23 Oct 19
2019 Q2
Earnings call transcript
25 Jul 19
2019 Q1
Earnings call transcript
24 Apr 19
2018 Q4
Earnings call transcript
6 Feb 19
2018 Q3
Earnings call transcript
24 Oct 18

Reddit threads

View all