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Avis Budget Group, Inc. (CAR) Reaches $49.15 52-Week High; Highwoods Properties (HIW) SI Decreased By 7.15%

The stock of Avis Budget Group, Inc. (NASDAQ:CAR) hit a new 52-week high and has $51.61 target or 5.00% above today’s $49.15 share price. The 8 months bullish chart indicates low risk for the $4.00 billion company. The 1-year high was reported on Jan, 15 by Barchart.com. If the $51.61 price target is reached, the company will be worth $200.10M more. The stock increased 2.40% or $1.15 during the last trading session, reaching $49.15. About 2.58 million shares traded or 6.52% up from the average. Avis Budget Group, Inc. (NASDAQ:CAR) has declined 14.90% since January 15, 2017 and is downtrending. It has underperformed by 31.60% the S&P500.

Highwoods Properties Incorporated (NYSE:HIW) had a decrease of 7.15% in short interest. HIW’s SI was 1.04M shares in January as released by FINRA. Its down 7.15% from 1.12 million shares previously. With 631,800 avg volume, 2 days are for Highwoods Properties Incorporated (NYSE:HIW)’s short sellers to cover HIW’s short positions. The SI to Highwoods Properties Incorporated’s float is 1.04%. The stock decreased 0.85% or $0.41 during the last trading session, reaching $47.66. About 316,039 shares traded. Highwoods Properties, Inc. (NYSE:HIW) has risen 13.20% since January 15, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Since August 9, 2017, it had 1 buy, and 8 selling transactions for $123.78 million activity. $46,618 worth of Avis Budget Group, Inc. (NASDAQ:CAR) shares were sold by Calabria David T. 908 shares were sold by Hardy John D. Jr., worth $29,764. SRS Investment Management – LLC had bought 3.50M shares worth $141.96M on Friday, December 8. Another trade for 250,000 shares valued at $10.26 million was made by NELSON RONALD L on Friday, October 13. Linnen Edward P sold $108,270 worth of Avis Budget Group, Inc. (NASDAQ:CAR) on Thursday, August 31. Sweeney Stender E had sold 1,500 shares worth $52,530 on Wednesday, September 6. On Thursday, August 31 Servodidio Mark J sold $1.05M worth of Avis Budget Group, Inc. (NASDAQ:CAR) or 29,000 shares.

Analysts await Avis Budget Group, Inc. (NASDAQ:CAR) to report earnings on February, 21. They expect $0.19 earnings per share, up 26.67% or $0.04 from last year’s $0.15 per share. CAR’s profit will be $15.47 million for 64.67 P/E if the $0.19 EPS becomes a reality. After $3.10 actual earnings per share reported by Avis Budget Group, Inc. for the previous quarter, Wall Street now forecasts -93.87% negative EPS growth.

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and clients worldwide. The company has market cap of $4.00 billion. The firm operates through two divisions, Americas and International. It has a 38.58 P/E ratio. It operates the Avis brand car rental system with approximately 5,550 locations that supply rental cars to the premium commercial and leisure divisions of the travel industry; the Budget brand vehicle rental system with approximately 4,050 car rental locations, which serve the value-conscious divisions of the industry; and the Zipcar brand, a membership car sharing network that provides vehicles to approximately 1 million members.

Investors sentiment decreased to 0.58 in 2017 Q3. Its down 0.46, from 1.04 in 2017Q2. It dropped, as 45 investors sold Avis Budget Group, Inc. shares while 83 reduced holdings. 35 funds opened positions while 39 raised stakes. 110.63 million shares or 4.00% less from 115.24 million shares in 2017Q2 were reported. Ubs Oconnor Limited Co, Illinois-based fund reported 69,921 shares. United Kingdom-based Gsa Prtnrs Limited Liability Partnership has invested 0.03% in Avis Budget Group, Inc. (NASDAQ:CAR). National Bank & Trust Of Nova Scotia, a Ontario – Canada-based fund reported 555,000 shares. Advantus Mngmt accumulated 0.01% or 9,196 shares. Teewinot Advisers Ltd Liability Corporation owns 275,250 shares for 4.71% of their portfolio. Schroder Invest Mgmt reported 12,348 shares. Ontario Teachers Pension Plan Board owns 0.02% invested in Avis Budget Group, Inc. (NASDAQ:CAR) for 36,963 shares. Retirement Systems Of Alabama accumulated 93,847 shares or 0.02% of the stock. Bnp Paribas Arbitrage Sa holds 50,945 shares. Fny Managed Accounts Limited Company invested in 0.21% or 4,216 shares. Assetmark reported 0% of its portfolio in Avis Budget Group, Inc. (NASDAQ:CAR). Ci Glob Invests accumulated 505,887 shares. Proxima Mngmt Llc has 246,988 shares for 5.25% of their portfolio. D E Shaw & holds 19,221 shares or 0% of its portfolio. Next Financial Gru owns 7 shares for 0% of their portfolio.

Among 11 analysts covering Avis Budget (NASDAQ:CAR), 7 have Buy rating, 1 Sell and 3 Hold. Therefore 64% are positive. Avis Budget had 33 analyst reports since August 5, 2015 according to SRatingsIntel. On Monday, December 14 the stock rating was maintained by M Partners with “Buy”. The company was maintained on Thursday, September 14 by Credit Suisse. Barclays Capital maintained Avis Budget Group, Inc. (NASDAQ:CAR) on Thursday, February 25 with “Equal-Weight” rating. The rating was maintained by Morgan Stanley on Friday, September 15 with “Underweight”. The stock of Avis Budget Group, Inc. (NASDAQ:CAR) earned “Buy” rating by J.P. Morgan on Friday, August 4. Credit Suisse maintained Avis Budget Group, Inc. (NASDAQ:CAR) on Thursday, February 25 with “Outperform” rating. Goldman Sachs initiated Avis Budget Group, Inc. (NASDAQ:CAR) rating on Monday, October 24. Goldman Sachs has “Neutral” rating and $30 target. The stock of Avis Budget Group, Inc. (NASDAQ:CAR) has “Equal-Weight” rating given on Wednesday, August 10 by Barclays Capital. The stock has “Equal Weight” rating by Barclays Capital on Monday, November 16. Barclays Capital maintained Avis Budget Group, Inc. (NASDAQ:CAR) on Wednesday, November 1 with “Equal-Weight” rating.

Among 12 analysts covering Highwoods Properties (NYSE:HIW), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. Highwoods Properties had 25 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, September 18. The firm has “Buy” rating by Suntrust Robinson given on Wednesday, September 9. The firm has “Hold” rating given on Monday, November 6 by Edward Jones. The stock of Highwoods Properties, Inc. (NYSE:HIW) earned “Hold” rating by Jefferies on Tuesday, May 30. The firm has “Equal Weight” rating by Capital One given on Thursday, August 20. The firm has “Hold” rating given on Monday, August 14 by Jefferies. The rating was upgraded by Jefferies to “Buy” on Monday, October 26. The stock of Highwoods Properties, Inc. (NYSE:HIW) earned “Hold” rating by Robert W. Baird on Monday, January 8. The firm earned “Neutral” rating on Thursday, March 17 by SunTrust. Jefferies maintained the stock with “Hold” rating in Monday, December 4 report.

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 Highwoods Properties, Inc. 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. 118 were reported by Cwm Ltd Liability Corp. Baker Ellis Asset Mngmt Ltd Liability, Oregon-based fund reported 15,000 shares. First Quadrant Lp Ca, California-based fund reported 393,148 shares. Aperio Grp Incorporated Limited Liability holds 0.01% or 25,612 shares in its portfolio. Atwood & Palmer accumulated 82,790 shares or 0.62% of the stock. Neuberger Berman Group Inc Limited holds 0.04% of its portfolio in Highwoods Properties, Inc. (NYSE:HIW) for 579,142 shares. Sumitomo Mitsui Asset Mgmt Ltd accumulated 7,658 shares. Envestnet Asset Mngmt Inc has invested 0% in Highwoods Properties, Inc. (NYSE:HIW). Robecosam Ag, a Switzerland-based fund reported 1,350 shares. Daiwa Sb Invs Limited, Japan-based fund reported 160 shares. Frontier Management Lc, a Massachusetts-based fund reported 1,325 shares. Texas-based Hbk Invs Lp has invested 0.01% in Highwoods Properties, Inc. (NYSE:HIW). Sterling Cap Mngmt Ltd Liability Co holds 0.23% or 469,564 shares in its portfolio. 10,258 were reported by Dupont. Next Financial Grp Incorporated stated it has 650 shares or 0.01% of all its holdings.

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