Highwoods Pptys (HIW) Share Price Declined While Apg Asset Management Us Trimmed Its Holding; Proofpoint (PFPT) Position Has Raised by Next Century Growth Investors Llc

May 19, 2018 - By Nellie Frank

Highwoods Properties, Inc. (NYSE:HIW) Logo

Next Century Growth Investors Llc increased its stake in Proofpoint Inc. (PFPT) by 7.95% based on its latest 2017Q4 regulatory filing with the SEC. Next Century Growth Investors Llc bought 4,666 shares as the company’s stock rose 22.55% while stock markets declined. The institutional investor held 63,357 shares of the technology company at the end of 2017Q4, valued at $5.63 million, up from 58,691 at the end of the previous reported quarter. Next Century Growth Investors Llc who had been investing in Proofpoint Inc. for a number of months, seems to be bullish on the $6.23B market cap company. The stock increased 0.15% or $0.18 during the last trading session, reaching $122.46. About 390,180 shares traded. Proofpoint, Inc. (NASDAQ:PFPT) has risen 50.07% since May 19, 2017 and is uptrending. It has outperformed by 38.52% the S&P500.

Apg Asset Management Us Inc decreased its stake in Highwoods Pptys Inc (HIW) by 3.84% based on its latest 2017Q4 regulatory filing with the SEC. Apg Asset Management Us Inc sold 84,970 shares as the company’s stock declined 16.25% with the market. The institutional investor held 2.12 million shares of the consumer services company at the end of 2017Q4, valued at $108.18M, down from 2.21M at the end of the previous reported quarter. Apg Asset Management Us Inc who had been investing in Highwoods Pptys Inc for a number of months, seems to be less bullish one the $4.70B market cap company. The stock increased 0.14% or $0.06 during the last trading session, reaching $44.26. About 732,816 shares traded or 9.81% up from the average. Highwoods Properties, Inc. (NYSE:HIW) has declined 14.08% since May 19, 2017 and is downtrending. It has underperformed by 25.63% the S&P500.

Next Century Growth Investors Llc, which manages about $3.86B and $804.95M US Long portfolio, decreased its stake in Boingo Wireless Inc (NASDAQ:WIFI) by 124,084 shares to 789,883 shares, valued at $17.77 million in 2017Q4, according to the filing. It also reduced its holding in Marinemax Inc (NYSE:HZO) by 106,828 shares in the quarter, leaving it with 83,537 shares, and cut its stake in Epam Systems (NYSE:EPAM).

Since December 7, 2017, it had 0 insider purchases, and 13 sales for $13.18 million activity. Swaroop Bhagwat sold $125,610 worth of stock or 1,000 shares. 3,000 shares were sold by Knight David, worth $256,405. The insider Steele Gary sold $4.10 million. The insider Newell Tracey sold 8,187 shares worth $870,702.

Among 31 analysts covering Proofpoint Inc (NASDAQ:PFPT), 25 have Buy rating, 1 Sell and 5 Hold. Therefore 81% are positive. Proofpoint Inc had 103 analyst reports since July 24, 2015 according to SRatingsIntel. FBR Capital maintained the stock with “Outperform” rating in Tuesday, August 25 report. RBC Capital Markets maintained Proofpoint, Inc. (NASDAQ:PFPT) rating on Monday, April 23. RBC Capital Markets has “Buy” rating and $13400 target. The firm earned “Outperform” rating on Thursday, February 8 by Imperial Capital. The firm has “Buy” rating by Northland Capital given on Wednesday, September 6. The stock of Proofpoint, Inc. (NASDAQ:PFPT) earned “Outperform” rating by FBR Capital on Friday, January 29. The firm has “Buy” rating by Northland Capital given on Thursday, August 3. Piper Jaffray maintained the shares of PFPT in report on Friday, September 8 with “Buy” rating. The stock of Proofpoint, Inc. (NASDAQ:PFPT) has “Buy” rating given on Tuesday, August 16 by Summit Redstone Partners. The company was maintained on Monday, September 11 by Needham. The firm has “Buy” rating given on Friday, April 20 by Cowen & Co.

Investors sentiment increased to 1.33 in Q4 2017. Its up 0.17, from 1.16 in 2017Q3. It is positive, as 15 investors sold PFPT shares while 85 reduced holdings. 48 funds opened positions while 85 raised stakes. 49.53 million shares or 0.18% more from 49.44 million shares in 2017Q3 were reported. Moreover, Emerald Mutual Fund Advisers Tru has 1.03% invested in Proofpoint, Inc. (NASDAQ:PFPT) for 292,474 shares. Sumitomo Mitsui Asset has invested 0.04% in Proofpoint, Inc. (NASDAQ:PFPT). Morgan Stanley has 184,132 shares for 0% of their portfolio. Cetera Advisor Ltd Llc accumulated 7,000 shares or 0.03% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) reported 16,664 shares. Ubs Asset Americas holds 0.01% or 179,419 shares. Geode Capital Limited Liability Company accumulated 0.01% or 399,520 shares. King Luther Cap Mgmt holds 0.02% or 32,725 shares. Cubist Systematic Strategies Ltd invested in 12,550 shares or 0.06% of the stock. First Mercantile Communication holds 0.14% in Proofpoint, Inc. (NASDAQ:PFPT) or 7,960 shares. Eulav Asset Mgmt holds 0.2% or 48,800 shares. Highland Capital L P, a Texas-based fund reported 58,000 shares. Peak6 Investments LP has invested 0% in Proofpoint, Inc. (NASDAQ:PFPT). Ftb Advisors reported 175 shares. Us Bancorp De reported 0% stake.

More notable recent Proofpoint, Inc. (NASDAQ:PFPT) news were published by: Globenewswire.com which released: “Proofpoint to Present at Upcoming Conferences” on April 28, 2018, also Seekingalpha.com with their article: “Proofpoint (PFPT) Q1 2018 Results – Earnings Call Transcript” published on April 27, 2018, Investorplace.com published: “3 Cybersecurity Stocks That Could Roar Higher” on May 10, 2018. More interesting news about Proofpoint, Inc. (NASDAQ:PFPT) were released by: Globenewswire.com and their article: “Proofpoint Announces First Quarter 2018 Financial Results” published on April 26, 2018 as well as Investorplace.com‘s news article titled: “25 Unstoppable Stocks to Buy No Matter What” with publication date: May 16, 2018.

Analysts await Highwoods Properties, Inc. (NYSE:HIW) to report earnings on July, 24. They expect $0.86 EPS, down 4.44% or $0.04 from last year’s $0.9 per share. HIW’s profit will be $91.36M for 12.87 P/E if the $0.86 EPS becomes a reality. After $0.85 actual EPS reported by Highwoods Properties, Inc. for the previous quarter, Wall Street now forecasts 1.18% EPS growth.

Investors sentiment decreased to 1.42 in 2017 Q4. Its down 0.05, from 1.47 in 2017Q3. It fall, as 19 investors sold HIW shares while 74 reduced holdings. 43 funds opened positions while 89 raised stakes. 96.78 million shares or 1.37% less from 98.12 million shares in 2017Q3 were reported. Security Capital And Management has 0% invested in Highwoods Properties, Inc. (NYSE:HIW) for 2,825 shares. Bnp Paribas Asset Management Holdings Sa reported 225,775 shares or 0.1% of all its holdings. Enterprise stated it has 109 shares. Schroder Inv Mngmt Group Inc stated it has 0% of its portfolio in Highwoods Properties, Inc. (NYSE:HIW). Dupont Capital Mgmt has 0.02% invested in Highwoods Properties, Inc. (NYSE:HIW) for 17,468 shares. Duff Phelps Mngmt has 0.66% invested in Highwoods Properties, Inc. (NYSE:HIW) for 899,714 shares. Ls Invest Limited Liability Corporation invested in 6,347 shares. Wells Fargo Com Mn holds 0% or 93,670 shares. Martingale Asset Management Limited Partnership has invested 0.07% in Highwoods Properties, Inc. (NYSE:HIW). Cipher Limited Partnership reported 12,782 shares. Macquarie Grp Inc has 1.75 million shares. Ellington Management Gp Limited Com stated it has 0.07% of its portfolio in Highwoods Properties, Inc. (NYSE:HIW). Fifth Third National Bank & Trust invested in 100 shares or 0% of the stock. Smithfield Tru Company has invested 0% of its portfolio in Highwoods Properties, Inc. (NYSE:HIW). 191,260 were reported by Royal Bancorporation Of Canada.

More notable recent Highwoods Properties, Inc. (NYSE:HIW) news were published by: Globenewswire.com which released: “Highwoods Announces Availability of First Quarter 2018 Results” on April 24, 2018, also Globenewswire.com with their article: “Market Trends Toward New Normal in Emerge Energy Services LP, NACCO Industries, 8×8, Eleven Biotherapeutics …” published on May 01, 2018, Streetinsider.com published: “Highwoods Properties (HIW) Declares $0.4625 Quarterly Dividend; 4.4% Yield” on April 20, 2018. More interesting news about Highwoods Properties, Inc. (NYSE:HIW) were released by: Seekingalpha.com and their article: “Highwoods Properties’ (HIW) CEO Edward Fritsch on Q1 2018 Results – Earnings Call Transcript” published on April 25, 2018 as well as Bizjournals.com‘s news article titled: “One of Nashville’s biggest companies lands grant for new downtown HQ” with publication date: May 11, 2018.

Apg Asset Management Us Inc, which manages about $71.11B and $12.19 billion US Long portfolio, upped its stake in Ventas Inc (NYSE:VTR) by 233,000 shares to 14.75M shares, valued at $885.15 million in 2017Q4, according to the filing. It also increased its holding in Life Storage Inc by 200,000 shares in the quarter, for a total of 871,000 shares, and has risen its stake in Jbg Smith Pptys.

Proofpoint, Inc. (NASDAQ:PFPT) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>