Highwoods Properties Inc (HIW): Today's Featured Financial Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Highwoods Properties ( HIW) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.5%. By the end of trading, Highwoods Properties fell $0.71 (-2.0%) to $35.60 on heavy volume. Throughout the day, 3,115,704 shares of Highwoods Properties exchanged hands as compared to its average daily volume of 990,300 shares. The stock ranged in price between $35.34-$35.79 after having opened the day at $35.54 as compared to the previous trading day's close of $36.31. Other companies within the Financial sector that declined today were: Tower Group ( TWGP), down 24.1%, Walker & Dunlop ( WD), down 15.2%, Credit Suisse ( DSLV), down 11.9% and CorEnergy Infrastructure ( CORR), down 10.3%.

Highwoods Properties, Inc. is a real estate investment trust. The trust engages in leasing, management, development, construction, and other customer-related services for its properties and for third parties. It invests in the real estate markets of United States. Highwoods Properties has a market cap of $3.1 billion and is part of the real estate industry. Shares are up 8.6% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Highwoods Properties a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Highwoods Properties as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Altis Resident ( RESI), up 29.2%, GAIN Capital Holdings ( GCAP), up 21.4%, Redwood ( RWT), up 11.3% and China Housing & Land Development ( CHLN), up 9.8% , were all gainers within the financial sector with Annaly Capital Management ( NLY) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Amazon Shares on Record Path, Challenging Apple as World's Biggest Company

Amazon Shares on Record Path, Challenging Apple as World's Biggest Company

UK GDP Hits Slowest Pace in Five Years as Cold Snap Hammers Construction

UK GDP Hits Slowest Pace in Five Years as Cold Snap Hammers Construction

Global Stocks Rise on Tech Resurgence; Dollar Past 3-Month High Ahead of Q1 GDP

Global Stocks Rise on Tech Resurgence; Dollar Past 3-Month High Ahead of Q1 GDP

Daimler Shares Rise After Record Mercedes-Benz Sales, Bullish Profit Outlook

Daimler Shares Rise After Record Mercedes-Benz Sales, Bullish Profit Outlook

AMD Rises Above the Competition; Loan Losses Mount for Big Banks -- ICYMI

AMD Rises Above the Competition; Loan Losses Mount for Big Banks -- ICYMI