Hudson Pacific Properties (NYSE:HPP) Director Jon Bortz Acquires 40,000 Shares of Company Stock

Hudson Pacific Properties, Inc. (NYSE:HPP) Director Jon Bortz bought 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 10th. The shares were purchased at an average cost of $9.03 per share, for a total transaction of $361,200.00. Following the acquisition, the director directly owned 100,394 shares in the company, valued at $906,557.82. This trade represents a 66.23% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Hudson Pacific Properties Stock Performance

NYSE HPP opened at $8.81 on Friday. Hudson Pacific Properties, Inc. has a 1 year low of $5.26 and a 1 year high of $17.20. 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 stock has a market capitalization of $478.38 million, a PE ratio of -0.87, a P/E/G ratio of 0.54 and a beta of 2.02. The company’s 50 day simple moving average is $11.02 and its two-hundred day simple moving average is $10.89.

Hudson Pacific Properties (NYSE:HPP) last announced its quarterly earnings results on Thursday, November 5th. The real estate investment trust reported $0.28 EPS for the quarter, beating the consensus estimate of ($0.73) by $1.01. The firm had revenue of $180.89 million during the quarter, compared to the consensus estimate 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. Analysts predict that Hudson Pacific Properties, Inc. will post 1.17 earnings per share for the current fiscal year.

Hudson Pacific Properties News Summary

These are some of the HPP news items that stood out recently:

• Positive Sentiment: CEO Victor Coleman bought 20,000 shares for $182,000, while Director Jon Bortz made three purchases totaling 75,000 shares for about $680,000. The buys, made Nov. 9–11 at prices of $8.78–$9.24, materially increased their reported holdings and may signal confidence in HPP’s prospects. Bortz SEC filing Coleman SEC filing
• Neutral Sentiment: A head-to-head comparison of HPP and competitors was published, but the provided article details do not identify a specific finding or investment catalyst. HPP versus competitors survey
• Negative Sentiment: A separate article describes Wall Street analysts as bearish on selected real estate stocks. It may weigh on sentiment toward the sector, though the supplied information does not establish whether HPP was among the stocks discussed. Analyst sentiment on real estate picks

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Winslow Asset Management Inc. raised its stake in shares of Hudson Pacific Properties by 19.9% during the third quarter. Winslow Asset Management Inc. now owns 16,235 shares of the real estate investment trust’s stock worth $187,000 after acquiring an additional 2,700 shares in the last quarter. Advisors Asset Management Inc. bought a new stake in shares of Hudson Pacific Properties in the 3rd quarter worth approximately $1,795,000. Focus Advisor Solutions LLC boosted its stake in shares of Hudson Pacific Properties by 46.5% in the 3rd quarter. Focus Advisor Solutions LLC now owns 18,237 shares of the real estate investment trust’s stock valued at $210,000 after purchasing an additional 5,792 shares in the last quarter. Valueworks LLC boosted its stake in shares of Hudson Pacific Properties by 7.4% in the 3rd quarter. Valueworks LLC now owns 1,814,442 shares of the real estate investment trust’s stock valued at $20,939,000 after purchasing an additional 124,743 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in shares of Hudson Pacific Properties by 24.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 401,539 shares of the real estate investment trust’s stock valued at $4,634,000 after purchasing an additional 78,712 shares in the last quarter. 97.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on HPP shares. Zacks Research lowered Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 8th. Wall Street Zen downgraded Hudson Pacific Properties from a “hold” rating to a “sell” rating in a research report on Sunday, September 20th. Citigroup reissued a “neutral” rating and set a $15.00 price objective (up from $13.00) on shares of Hudson Pacific Properties in a report on Thursday, August 13th. Cantor Fitzgerald boosted their price objective on Hudson Pacific Properties from $14.00 to $17.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $16.00 price objective on shares of Hudson Pacific Properties in a research report on Monday, August 10th. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Hudson Pacific Properties presently has an average rating of “Hold” and an average target price of $15.27.

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.