Hudson Pacific Properties, Inc. (NYSE:HPP – Get Free Report) President Mark Lammas bought 5,000 shares of the firm’s stock in a transaction dated Thursday, November 12th. The stock was purchased at an average price of $8.73 per share, with a total value of $43,650.00. Following the completion of the purchase, the president directly owned 25,225 shares of the company’s stock, valued at approximately $220,214.25. This trade represents a 24.72% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Hudson Pacific Properties Stock Up 0.6%
Hudson Pacific Properties stock traded up $0.05 during midday trading on Friday, hitting $8.85. 574,167 shares of the stock were exchanged, compared to its average volume of 1,072,124. Hudson Pacific Properties, Inc. has a 1 year low of $5.26 and a 1 year high of $17.20. The firm has a market cap of $480.50 million, a P/E ratio of -0.87, a P/E/G ratio of 0.54 and a beta of 2.02. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.33 and a quick ratio of 1.11. The company has a 50 day moving average price of $11.02 and a two-hundred day moving average price of $10.89.
Hudson Pacific Properties (NYSE:HPP – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The real estate investment trust reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of ($0.73) by $1.01. The firm had revenue of $180.89 million for the quarter, compared to analyst estimates of $181.62 million. Hudson Pacific Properties had a negative net margin of 80.01% and a negative return on equity of 25.07%. Hudson Pacific Properties has set its FY 2026 guidance at 1.150-1.210 EPS. On average, sell-side analysts predict that Hudson Pacific Properties, Inc. will post 1.17 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Hudson Pacific Properties
Large investors have recently bought and sold shares of the stock. IFP Advisors Inc lifted its stake in shares of Hudson Pacific Properties by 4,560.0% in the 2nd quarter. IFP Advisors Inc now owns 1,631 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 1,596 shares during the period. Allied Private Wealth LLC bought a new position in Hudson Pacific Properties during the 2nd quarter valued at $33,000. Pinnacle Wealth Planning Services Inc. increased its position in shares of Hudson Pacific Properties by 66.3% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 4,300 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 1,715 shares during the period. Allworth Financial LP bought a new stake in shares of Hudson Pacific Properties in the 2nd quarter worth $67,000. Finally, Legal & General Group Plc acquired a new stake in shares of Hudson Pacific Properties in the second quarter valued at $80,000. Institutional investors and hedge funds own 97.58% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts recently commented on the company. Zacks Research cut Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 8th. Morgan Stanley set a $9.00 price objective on Hudson Pacific Properties and gave the company an “underweight” rating in a research note on Wednesday, July 22nd. Mizuho raised their price objective on Hudson Pacific Properties from $15.00 to $17.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Piper Sandler downgraded Hudson Pacific Properties from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $15.00 to $13.00 in a report on Monday, October 19th. Finally, Cantor Fitzgerald upped their target price on Hudson Pacific Properties from $14.00 to $17.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $15.27.
Get Our Latest Analysis on HPP
Trending Headlines about Hudson Pacific Properties
Here are a few of the latest headlines about HPP:
- Positive Sentiment: CEO Victor Coleman bought 20,000 shares for $182,000, while Director Jon Bortz purchased 75,000 shares across three transactions for about $680,000. The purchases, made November 9–11 at $8.78–$9.24 per share, substantially increased their holdings and may bolster investor confidence. Insider purchase report
- Negative Sentiment: HPP was reported trading below its 50-day and 200-day moving averages, suggesting recent share-price weakness that could temper the positive insider-buying signal.
- Neutral Sentiment: A head-to-head comparison with competitors was published, but the supplied information provides no findings or specific catalyst for HPP. HPP competitor comparison
About Hudson Pacific Properties
Hudson Pacific Properties is a real estate investment trust that owns, operates and develops office and studio properties. Its office buildings serve businesses in sectors such as technology, media and entertainment, while its studio facilities provide sound stages and production space for film and television work. The company’s properties are concentrated in major West Coast markets, including Los Angeles, the San Francisco Bay Area and Seattle, as well as Vancouver, British Columbia. Its studio platform, Sunset Studios, supports production activity with purpose-built facilities and related services.
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