Hudson Pacific Properties (NYSE:HPP) Director Jon Bortz Acquires 10,000 Shares of Company Stock

Hudson Pacific Properties, Inc. (NYSE:HPP – Get Free Report) Director Jon Bortz acquired 10,000 shares of the firm’s stock in a transaction dated Wednesday, November 11th. The stock was purchased at an average cost of $8.78 per share, with a total value of $87,800.00. Following the transaction, the director owned 110,394 shares in the company, valued at approximately $969,259.32. This trade represents a 9.96% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

Hudson Pacific Properties Stock Up 2.0%

Hudson Pacific Properties stock opened at $8.81 on Friday. The firm 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 moving average is $11.02 and its 200-day moving average is $10.89. 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 debt-to-equity ratio of 1.46, a current ratio of 1.33 and a quick ratio of 1.11.

Hudson Pacific Properties (NYSE:HPP – Get Free Report) last issued its earnings results on Thursday, November 5th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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. Sell-side analysts anticipate that Hudson Pacific Properties, Inc. will post 1.17 earnings per share for the current year.

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 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

Wall Street Analyst Weigh In

Several analysts have issued reports on HPP shares. Mizuho upped 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 lowered Hudson Pacific Properties from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $15.00 to $13.00 in a report on Monday, October 19th. Wall Street Zen cut Hudson Pacific Properties from a “hold” rating to a “sell” rating in a research note on Sunday, September 20th. Weiss Ratings restated a “sell (d)” rating on shares of Hudson Pacific Properties in a research note on Wednesday, August 26th. Finally, Citigroup reaffirmed a “neutral” rating and set a $15.00 price target (up from $13.00) on shares of Hudson Pacific Properties in a report on Thursday, August 13th. Three 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 MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $15.27.

Read Our Latest Stock Analysis on Hudson Pacific Properties

Institutional Trading of Hudson Pacific Properties

Hedge funds have recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its stake in 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 valued at $25,000 after purchasing an additional 1,596 shares during the period. Allied Private Wealth LLC acquired a new position in Hudson Pacific Properties in the 2nd quarter valued at $33,000. Pinnacle Wealth Planning Services Inc. grew its holdings in Hudson Pacific Properties by 66.3% in 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 buying an additional 1,715 shares in the last quarter. Allworth Financial LP bought a new position in Hudson Pacific Properties during the 2nd quarter worth $67,000. Finally, Legal & General Group Plc bought a new position in Hudson Pacific Properties during the 2nd quarter worth $80,000. 97.58% of the stock is owned by institutional investors and hedge funds.

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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