Financial Sector New Highs: Highwoods Properties Inc (NYSE:HIW), Public Storage (NYSE:PSA), TFS Financial Corporation (NASDAQ:TFSL), Moelis & Co (NYSE:MC)

Highwoods Properties (NYSE:HIW) declared a quarterly dividend on Wednesday, April 16th. Stockholders of record on Tuesday, May 20th will be given a dividend of 0.425 per share on Tuesday, June 10th. This represents a $1.70 dividend on an annualized basis and a yield of 4.41%. Highwoods Properties Inc (NYSE:HIW) shares after opening at $39.32 moved to $39.51 on last trade day and at the end of the day closed at $39.18. Company price to sales ratio in past twelve months was calculated as 6.33 and price to cash ratio as 345.78. Highwoods Properties Inc (NYSE:HIW) showed a positive weekly performance of 1.08%.

Public Storage (NYSE:PSA), A self-storage real estate investment trust (REIT), made its first acquisition of the year with the purchase of Spare Space Storage in Austin, Texas, from Platinum Storage Group. The facility will be rebranded as Public Storage.The property at 9420 Spectrum Drive is on 3.8 acres and encompasses 86,000 square feet of storage space and 661 units on three floors. It also includes 21 uncovered boat- and RV-parking spaces. Amenities include two gated entrances with keypad access, video cameras, a package-delivery service, and a large conference center. Public Storage (NYSE:PSA) shares fell -0.25% in last trading session and ended the day on $173.58. PSA return on equity ratio is recorded as 16.30% and its return on assets is 9.10%. Public Storage (NYSE:PSA) yearly performance is 12.82%.

TFS Financial Corporation (Nasdaq:TFSL), the holding company for Third Federal Savings and Loan Association of Cleveland (the “Association”), announced results for the three and six month periods ended March 31, 2014. The Company reported net income of $16.4 million for the quarter ended March 31, 2014, compared to net income of $12.8 million for the quarter ended March 31, 2013. The increase in net income for the quarter is largely the result of a lower provision for loan losses, as loan performance metrics continue to improve.TFS Financial Corporation (NASDAQ:TFSL) shares moved up 0.30% in last trading session and was closed at $13.27, while trading in range of $13.04-$13.44. TFS Financial Corporation (NASDAQ:TFSL) year to date performance is 9.49%.

Moelis & Company (NYSE:MC), a leading global independent investment bank, will release its first quarter 2014 financial results after the market closes on Wednesday, May 7, 2014.Ken Moelis, Chairman and Chief Executive Officer, and Joe Simon, Chief Financial Officer, will also host a related conference call at 4:30pm EST on the same day (May 7, 2014) to review the financial results. Following the review, there will be a question and answer session.Moelis & Co (NYSE:MC) weekly performance is 3.33%. On last trading day company shares ended up $26.96. Moelis & Co (NYSE:MC) distance from 50-day simple moving average is 1.68%.

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