Large Outflow of Money Witnessed in Highwoods Properties

Highwoods Properties (HIW) : Net money flow in Highwoods Properties (HIW) was negative ($9.37 million) and the inflow of money on uptick was $7.58 million, whereas, the outflow of money on downticks amounted to $16.95 million on Tuesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.45. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $1.51 million. On the other hand, the total value of block trades done on downticks was $10.03 million. The ratio of uptick to downtick block trades was 0.15. The money flow in block trades was negative ($8.53). Highwoods Properties (HIW) gained $0.43 cent during the day and reached $53.69, a gain of 0.81% over the previous day.


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 -19.78% . During last six month period, the net percent change held by insiders has seen a change of -19.78%. In an insider trading activity, The Securities and Exchange Commission has divulged that Fritsch Edward J, Director Officer (President & Ceo) of HIGHWOODS PROPERTIES INC, had unloaded 85,822 shares at an average price of $52.29 in a transaction dated on June 29, 2016. The total value of the transaction was worth $4,487,632.

Shares of Highwoods Properties Inc. rose by 0.92% in the last five trading days and 8.86% for the last 4 weeks. Highwoods Properties Inc. is up 14.15% in the last 3-month period. Year-to-Date the stock performance stands at 25.5%.

Highwoods Properties (NYSE:HIW): On Tuesdays trading session , Opening price of the stock was $53.53 with an intraday high of $53.79. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $53.32. However, the stock managed to close at $53.67, a loss of 0.04% for the day. On the previous day, the stock had closed at $53.69. The total traded volume of the day was 430,921 shares.

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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