Rep. Jefferson Shreve Buys Highwoods Properties, Inc. (NYSE:HIW) Stock

Representative Jefferson Shreve (R-Indiana) recently bought shares of Highwoods Properties, Inc. (NYSE:HIW). In a filing disclosed on April 11th, the Representative disclosed that they had bought between $15,001 and $50,000 in Highwoods Properties stock on March 5th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/31/2025.
• Purchased $50,001 – $100,000 in shares of Block (NYSE:XYZ) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of DuPont de Nemours (NYSE:DD) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of United Community Banks (NASDAQ:UCB) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of IDEX (NYSE:IEX) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of HNI (NYSE:HNI) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of ServiceNow (NYSE:NOW) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Coinbase Global (NASDAQ:COIN) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Constellation Energy (NASDAQ:CEG) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of Simon Property Group (NYSE:SPG) on 3/31/2025.

Highwoods Properties Stock Performance

NYSE HIW traded up $0.13 on Wednesday, reaching $27.61. The stock had a trading volume of 48,761 shares, compared to its average volume of 913,076. The firm has a fifty day moving average of $28.47 and a two-hundred day moving average of $30.58. The company has a market cap of $2.98 billion, a P/E ratio of 28.97 and a beta of 1.15. Highwoods Properties, Inc. has a 1-year low of $23.52 and a 1-year high of $36.78. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.25 and a quick ratio of 1.25.

Highwoods Properties (NYSE:HIW) last announced its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $0.85 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.85. Highwoods Properties had a net margin of 12.37% and a return on equity of 4.33%. On average, equities research analysts anticipate that Highwoods Properties, Inc. will post 3.36 EPS for the current year.

Highwoods Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Tuesday, February 18th were issued a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.00 annualized dividend and a yield of 7.24%. Highwoods Properties’s dividend payout ratio is currently 210.53%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on HIW shares. Jefferies Financial Group began coverage on shares of Highwoods Properties in a report on Monday, March 17th. They set a “buy” rating and a $32.00 target price on the stock. Truist Financial reduced their price target on Highwoods Properties from $33.00 to $32.00 and set a “buy” rating on the stock in a research report on Thursday, February 13th. Mizuho boosted their price target on shares of Highwoods Properties from $24.00 to $29.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. Finally, StockNews.com downgraded shares of Highwoods Properties from a “hold” rating to a “sell” rating in a research report on Thursday, April 3rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $32.50.

Hedge Funds Weigh In On Highwoods Properties

Large investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp grew its holdings in shares of Highwoods Properties by 375.0% in the fourth quarter. Jones Financial Companies Lllp now owns 855 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 675 shares in the last quarter. GF Fund Management CO. LTD. bought a new stake in Highwoods Properties during the fourth quarter valued at $59,000. Smartleaf Asset Management LLC raised its position in Highwoods Properties by 124.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,434 shares of the real estate investment trust’s stock valued at $73,000 after purchasing an additional 1,351 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Highwoods Properties by 363.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,972 shares of the real estate investment trust’s stock worth $91,000 after buying an additional 2,331 shares during the last quarter. Finally, Versant Capital Management Inc lifted its holdings in shares of Highwoods Properties by 12.0% in the 4th quarter. Versant Capital Management Inc now owns 3,052 shares of the real estate investment trust’s stock worth $93,000 after acquiring an additional 327 shares during the last quarter. 96.31% of the stock is currently owned by institutional investors.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Highwoods Properties Company Profile

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