Shares of Highwoods Properties (NYSE:HIW) Sees Large Outflow of Money

Highwoods Properties (NYSE:HIW) During the most recent session, the shares traded at 0.01 points or 0.02% higher at $49.38. The money flow data is unimpressive with the net money flow value of $(-8.51) million. As per the intraday data, the upticks measured $7.38 million and the downticks measured $15.89 million. As a result, the up/down ratio registered a value of 0.46. The shares have seen 0.35% price change for the week.A block trade also made an entry with $1.23 million flowing in through upticks while $10.11 million flew out through downticks. The block tradeoff had the up/down ratio of 0.12. The net money flow for this big transaction was $(-8.88) million.


The stock has recorded a 20-day Moving Average of 1.5% and the 50-Day Moving Average is 3.61%. The company shares have rallied 20.03% in the past 52 Weeks. On June 17, 2016 The shares registered one year high of $49.88 and one year low was seen on September 4, 2015 at $36.57. The 50-day moving average is $48.14 and the 200 day moving average is recorded at $45.26. S&P 500 has rallied 1.93% during the last 52-weeks.

Highwoods Properties (NYSE:HIW): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $49.46 and $49.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.62. The buying momentum continued till the end and the stock did not give up its gains. It closed at $49.38, notching a gain of 0.02% for the day. The total traded volume was 966,249 . The stock had closed at $49.37 on the previous day.

Currently the company Insiders own 2.1% of Highwoods Properties shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -36.22% . During last six month period, the net percent change held by insiders has seen a change of -36.22%. On the companys insider trading activities,The director officer (President & CEO) of Highwoods Properties Inc, Fritsch Edward J sold 24,656 shares at $49.38 on June 15, 2016. The Insider selling transaction had a total value worth of $1,217,513. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Highwoods Properties, Inc. is a real estate investment trust. The Company is engaged in the business of operation, acquisition and development of real estate properties. It provides leasing, management, development, construction and other customer-related services for its properties and for third parties. The Company operates office, industrial, retail and residential properties. The Company conducts its activities through Highwoods Realty Limited Partnership. The Companys portfolio consists of office properties in Raleigh, Atlanta, Tampa, Nashville, Memphis, Pittsburgh, Richmond and Orlando; office and industrial properties in Greensboro, and retail and office properties in Kansas City. The Company holds an interest of approximately 31.2 million rentable square feet of in-service properties, 1.7 million rentable square feet of properties under development and approximately 500 acres of development land.

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