Hudson Pacific Properties, Inc. (NYSE:HPP – Get Free Report) President Mark Lammas purchased 5,000 shares of the stock in a transaction on Thursday, November 12th. The stock was acquired at an average price of $8.73 per share, with a total value of $43,650.00. Following the acquisition, the president directly owned 25,225 shares in the company, valued at $220,214.25. This trade represents a 24.72% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Hudson Pacific Properties Trading Up 0.6%
Shares of NYSE HPP traded up $0.05 on Friday, reaching $8.85. 574,167 shares of the company traded hands, compared to its average volume of 1,072,124. The stock has a market capitalization of $480.50 million, a PE ratio of -0.87, a P/E/G ratio of 0.54 and a beta of 2.02. Hudson Pacific Properties, Inc. has a fifty-two week low of $5.26 and a fifty-two week high of $17.20. The company has a current ratio of 1.33, a quick ratio of 1.11 and a debt-to-equity ratio of 1.46. The company has a 50 day moving average of $11.02 and a 200 day moving average of $10.89.
Hudson Pacific Properties (NYSE:HPP – Get Free Report) last released its earnings results on Thursday, November 5th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.73) by $1.01. Hudson Pacific Properties had a negative net margin of 80.01% and a negative return on equity of 25.07%. The business had revenue of $180.89 million for the quarter, compared to analysts’ expectations of $181.62 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.150-1.210 EPS. On average, equities research analysts forecast that Hudson Pacific Properties, Inc. will post 1.17 earnings per share for the current fiscal year.
Key Stories Impacting Hudson Pacific Properties
These are some of the HPP stories that stood out recently:
- 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
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of Hudson Pacific Properties in the second quarter worth about $102,830,000. Valueworks LLC acquired a new position in Hudson Pacific Properties during the 2nd quarter worth approximately $25,667,000. Wellington Management Group LLP purchased a new position in Hudson Pacific Properties in the 2nd quarter worth approximately $23,325,000. Bank of America Corp DE purchased a new position in Hudson Pacific Properties in the 2nd quarter worth approximately $5,138,000. Finally, Militia Capital Management LLC acquired a new stake in Hudson Pacific Properties in the first quarter valued at approximately $1,904,000. Institutional investors and hedge funds own 97.58% of the company’s stock.
Wall Street Analyst Weigh In
HPP has been the subject of several research analyst reports. Piper Sandler lowered Hudson Pacific Properties from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $15.00 to $13.00 in a research note on Monday, October 19th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $17.00 price objective (up from $14.00) on shares of Hudson Pacific Properties in a research note on Tuesday, September 1st. Morgan Stanley set a $9.00 target price on Hudson Pacific Properties and gave the stock an “underweight” rating in a report on Wednesday, July 22nd. Mizuho boosted their target price on Hudson Pacific Properties from $15.00 to $17.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Finally, Zacks Research downgraded shares of Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 8th. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $15.27.
Get Our Latest Stock Analysis on Hudson Pacific Properties
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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