Somewhat Positive Press Coverage Somewhat Unlikely to Impact Hudson Pacific Properties (HPP) Share Price
Headlines about Hudson Pacific Properties (NYSE:HPP) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hudson Pacific Properties earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 44.9179479296673 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Hudson Pacific Properties (HPP) traded down $0.09 during trading hours on Wednesday, reaching $34.59. The company’s stock had a trading volume of 599,737 shares, compared to its average volume of 1,180,156. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.61. Hudson Pacific Properties has a fifty-two week low of $31.52 and a fifty-two week high of $36.75. The company has a market cap of $5,400.00, a PE ratio of 18.50, a PEG ratio of 3.09 and a beta of 0.78.
Hudson Pacific Properties (NYSE:HPP) last issued its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.50 earnings per share for the quarter, meeting the consensus estimate of $0.50. The business had revenue of $190.02 million for the quarter, compared to analysts’ expectations of $183.37 million. Hudson Pacific Properties had a return on equity of 1.58% and a net margin of 8.98%. The business’s revenue was up 15.5% on a year-over-year basis. During the same period last year, the business earned $0.46 EPS. equities research analysts forecast that Hudson Pacific Properties will post 1.95 earnings per share for the current year.
In other news, insider Richard B. Fried sold 17,417 shares of Hudson Pacific Properties stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $34.66, for a total transaction of $603,673.22. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Sanford Dale Shimoda sold 2,800 shares of Hudson Pacific Properties stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $35.68, for a total value of $99,904.00. Following the sale, the executive vice president now owns 83,072 shares in the company, valued at $2,964,008.96. The disclosure for this sale can be found here. Insiders own 0.33% of the company’s stock.
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Hudson Pacific Properties Company Profile
Hudson Pacific Properties, Inc is a real estate investment trust (REIT). The Company operates in two segments: office properties, and media and entertainment properties. The Company is focused on acquiring, repositioning, developing and operating office and media and entertainment properties in submarkets throughout Northern and Southern California and the Pacific Northwest.
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