Key Points
- Director Jon Bortz bought 40,000 HPP shares at an average $9.03 each, spending $361,200 and increasing his holdings by 66.23% to 100,394 shares. The article also reports a 20,000-share purchase by CEO Victor Coleman.
- Hudson Pacific reported quarterly EPS of $0.28, beating the consensus estimate of a $0.73 loss, while revenue of $180.89 million came in slightly below expectations. The REIT guided to FY 2026 EPS of $1.15–$1.21.
- Analyst opinions are mixed: the stock has a consensus “Hold” rating and a $15.27 price target, with three Buy, seven Hold, and three Sell ratings.
Hudson Pacific Properties, Inc. (NYSE:HPP - Get Free Report) Director Jon Bortz acquired 10,000 shares of the company's stock in a transaction on Wednesday, November 11th. The stock was acquired at an average price of $8.78 per share, with a total value of $87,800.00. Following the purchase, the director directly owned 110,394 shares in the company, valued at approximately $969,259.32. This represents a 9.96% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Hudson Pacific Properties Stock Performance
NYSE HPP opened at $8.81 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.33 and a debt-to-equity ratio of 1.46. The company has a market capitalization of $478.38 million, a P/E ratio of -0.87, a P/E/G ratio of 0.54 and a beta of 2.02. Hudson Pacific Properties, Inc. has a 12-month low of $5.26 and a 12-month high of $17.20. The firm 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 announced its earnings results on Thursday, November 5th. The real estate investment trust reported $0.28 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 company 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. Analysts anticipate that Hudson Pacific Properties, Inc. will post 1.17 earnings per share for the current year.
Recent Hudson Pacific Properties Headlines
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 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 institutional investors have recently added to or reduced their stakes in HPP. Winslow Asset Management Inc. lifted its stake in 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 purchasing an additional 2,700 shares during the last quarter. Advisors Asset Management Inc. bought a new position in shares of Hudson Pacific Properties in the 3rd quarter valued at $1,795,000. Focus Advisor Solutions LLC increased 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 during the last quarter. Valueworks LLC increased 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 during the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in shares of Hudson Pacific Properties by 24.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 401,539 shares of the real estate investment trust's stock worth $4,634,000 after buying an additional 78,712 shares in the last quarter. 97.58% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages recently issued reports on HPP. Citigroup reissued a "neutral" rating and set a $15.00 price target (up from $13.00) on shares of Hudson Pacific Properties in a research report on Thursday, August 13th. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $16.00 price objective on shares of Hudson Pacific Properties in a report on Monday, August 10th. Wall Street Zen downgraded Hudson Pacific Properties from a "hold" rating to a "sell" rating in a research report on Sunday, September 20th. Zacks Research lowered Hudson Pacific Properties from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 8th. Finally, Piper Sandler lowered Hudson Pacific Properties from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $15.00 to $13.00 in a report on Monday, October 19th. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Hudson Pacific Properties currently has an average rating of "Hold" and an average target price of $15.27.
Get Our Latest Stock Report on Hudson Pacific Properties
About Hudson Pacific Properties
(
Get Free Report)
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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