Telecom Argentina S A (TEO) Holder Columbus Hill Capital Management LP Raised Position; As Highwoods Properties (HIW) Stock Declined, Dupont Capital Management Has Trimmed Position

January 30, 2018 - By Louis Casey

Dupont Capital Management Corp decreased its stake in Highwoods Properties Inc (HIW) by 74.2% based on its latest 2017Q3 regulatory filing with the SEC. Dupont Capital Management Corp sold 29,502 shares as the company’s stock declined 1.10% while stock markets rallied. The institutional investor held 10,258 shares of the consumer services company at the end of 2017Q3, valued at $534,000, down from 39,760 at the end of the previous reported quarter. Dupont Capital Management Corp who had been investing in Highwoods Properties Inc for a number of months, seems to be less bullish one the $5.01 billion market cap company. The stock decreased 0.34% or $0.16 during the last trading session, reaching $47.23. About 453,009 shares traded. Highwoods Properties, Inc. (NYSE:HIW) has risen 13.20% since January 30, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Kevin D. Eng increased its stake in Telecom Argentina S A (TEO) by 6.51% based on its latest 2017Q3 regulatory filing with the SEC. Columbus Hill Capital Management Lp bought 33,164 shares as the company’s stock rose 2.96% with the market. The hedge fund run by Kevin D. Eng held 542,638 shares of the telecommunications equipment company at the end of 2017Q3, valued at $16.74M, up from 509,474 at the end of the previous reported quarter. Columbus Hill Capital Management Lp who had been investing in Telecom Argentina S A for a number of months, seems to be bullish on the $7.48B market cap company. The stock decreased 2.46% or $0.91 during the last trading session, reaching $36.14. About 93,598 shares traded. Telecom Argentina S.A., Prior To Reverse Merger With Cablevisión S.A. (NYSE:TEO) has risen 35.98% since January 30, 2017 and is uptrending. It has outperformed by 19.28% the S&P500.

Dupont Capital Management Corp, which manages about $36.48B and $4.41B US Long portfolio, upped its stake in American International Group (NYSE:AIG) by 322,052 shares to 325,799 shares, valued at $20.00M in 2017Q3, according to the filing. It also increased its holding in Estee Lauder Companies Cl A (NYSE:EL) by 40,227 shares in the quarter, for a total of 163,806 shares, and has risen its stake in Sl Green Realty Corp (NYSE:SLG).

Investors sentiment increased to 1.47 in Q3 2017. Its up 0.31, from 1.16 in 2017Q2. It is positive, as 16 investors sold HIW shares while 67 reduced holdings. 23 funds opened positions while 99 raised stakes. 98.12 million shares or 2.29% less from 100.42 million shares in 2017Q2 were reported. Moreover, Teachers Retirement System Of The State Of Kentucky has 0.01% invested in Highwoods Properties, Inc. (NYSE:HIW) for 22,340 shares. Us State Bank De invested 0% of its portfolio in Highwoods Properties, Inc. (NYSE:HIW). Hbk Invs Lp accumulated 29,823 shares. Friedberg Investment Mngmt, Texas-based fund reported 11,050 shares. Amer International Inc has invested 0.04% in Highwoods Properties, Inc. (NYSE:HIW). Credit Suisse Ag accumulated 270,155 shares or 0.01% of the stock. 11,117 were reported by Raymond James Assoc. Quantitative Systematic Strategies Limited Liability Corporation accumulated 4,877 shares. Rothschild Asset Mngmt holds 986,866 shares or 0.57% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has 7,610 shares for 0% of their portfolio. Quantbot Limited Partnership has invested 0.05% in Highwoods Properties, Inc. (NYSE:HIW). State Street Corporation accumulated 0.02% or 4.49 million shares. Mariner Wealth Advsr Limited Liability, a Kansas-based fund reported 68,410 shares. Eii Capital Mgmt Incorporated holds 0.74% in Highwoods Properties, Inc. (NYSE:HIW) or 38,221 shares. Manufacturers Life Ins Communications The, Ontario – Canada-based fund reported 151,459 shares.

Among 12 analysts covering Highwoods Properties (NYSE:HIW), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. Highwoods Properties had 26 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Tuesday, May 30 with “Hold”. On Thursday, August 25 the stock rating was initiated by BTIG Research with “Neutral”. Jefferies maintained Highwoods Properties, Inc. (NYSE:HIW) on Monday, September 18 with “Hold” rating. Janney Capital initiated the shares of HIW in report on Friday, September 8 with “Neutral” rating. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, May 12. The rating was upgraded by Zacks to “Hold” on Thursday, August 6. The stock of Highwoods Properties, Inc. (NYSE:HIW) has “Hold” rating given on Monday, July 3 by Jefferies. On Wednesday, September 9 the stock rating was upgraded by Suntrust Robinson to “Buy”. The company was maintained on Monday, December 4 by Jefferies. The firm has “Neutral” rating given on Thursday, March 17 by SunTrust.

Analysts await Highwoods Properties, Inc. (NYSE:HIW) to report earnings on February, 6. They expect $0.83 earnings per share, up 1.22% or $0.01 from last year’s $0.82 per share. HIW’s profit will be $88.04 million for 14.23 P/E if the $0.83 EPS becomes a reality. After $0.86 actual earnings per share reported by Highwoods Properties, Inc. for the previous quarter, Wall Street now forecasts -3.49% negative EPS growth.

Since December 11, 2017, it had 0 insider buys, and 1 sale for $51,700 activity.

Columbus Hill Capital Management Lp, which manages about $1.68B and $1.40 billion US Long portfolio, decreased its stake in Novartis A G (NYSE:NVS) by 13,816 shares to 46,826 shares, valued at $4.02 million in 2017Q3, according to the filing. It also reduced its holding in Avis Budget Group (NASDAQ:CAR) by 109,774 shares in the quarter, leaving it with 220,226 shares, and cut its stake in Time Warner Inc (NYSE:TWX).