In a report released today, Jonathan Petersen from Jefferies reiterated a Hold rating on Highwoods Properties (NYSE: HIW), with a price target of $49. The company’s shares closed yesterday at $49.58.
According to TipRanks.com, Petersen is a 5-star analyst with an average return of 10.9% and a 78.4% success rate. Petersen covers the Financial sector, focusing on stocks such as Government Properties Income Trust, Easterly Government Properties, and First Industrial Realty Trust.
Highwoods Properties has an analyst consensus of Strong Buy, with a price target consensus of $51.75.
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The company has a one-year high of $53.34 and a one-year low of $41.34. Currently, Highwoods Properties has an average volume of 750K.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2018, Jeffrey Douglas Miller, the EVP, GC & Sec of HIW sold 3,676 shares for a total of $186,998.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Highwoods Properties, Inc. is a real estate investment trust, which engages in the operation, acquisition and development of office properties. It operates through the Office, and Other segments. Its markets includes atlanta, greensboro, memphis, nashville, orlando, pittsburgh, raleigh, richmond, and tampa.
