Hudson Pacific Properties (NYSE:HPP) Stock: Insider Victor Coleman Acquires 20,000 Shares

Hudson Pacific Properties, Inc. (NYSE:HPP) CEO Victor Coleman purchased 20,000 shares of the business’s stock in a transaction on Tuesday, November 10th. The stock was acquired at an average cost of $9.10 per share, with a total value of $182,000.00. Following the completion of the acquisition, the chief executive officer directly owned 121,663 shares in the company, valued at $1,107,133.30. The trade was a 19.67% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Hudson Pacific Properties Price Performance

Shares of NYSE:HPP traded up $0.05 during trading hours on Friday, hitting $8.85. 574,167 shares of the company’s stock traded hands, compared to its average volume of 992,624. Hudson Pacific Properties, Inc. has a 52 week low of $5.26 and a 52 week high of $17.20. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.11 and a current ratio of 1.33. The company’s fifty day simple moving average is $10.95 and its two-hundred day simple moving average is $10.89. The company has a market cap of $480.50 million, a price-to-earnings ratio of -0.87, a price-to-earnings-growth ratio of 0.55 and a beta of 2.02.

Hudson Pacific Properties (NYSE:HPP) last announced its quarterly earnings data 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 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. As a group, equities analysts anticipate that Hudson Pacific Properties, Inc. will post 1.17 EPS for the current fiscal year.

Institutional Trading of Hudson Pacific Properties

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Militia Capital Management LLC purchased a new position in shares of Hudson Pacific Properties in the first quarter worth approximately $1,904,000. Whitebox Advisors LLC raised its holdings in shares of Hudson Pacific Properties by 1,618.4% during the first quarter. Whitebox Advisors LLC now owns 189,080 shares of the real estate investment trust’s stock valued at $1,117,000 after acquiring an additional 178,077 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Hudson Pacific Properties by 14.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 705,984 shares of the real estate investment trust’s stock valued at $4,172,000 after acquiring an additional 89,787 shares in the last quarter. Saba Capital Management L.P. lifted its position in shares of Hudson Pacific Properties by 49.8% in the 1st quarter. Saba Capital Management L.P. now owns 831,868 shares of the real estate investment trust’s stock valued at $4,916,000 after acquiring an additional 276,459 shares in the last quarter. Finally, Bank of America Corp DE purchased a new stake in shares of Hudson Pacific Properties in the 2nd quarter valued at approximately $5,138,000. Institutional investors and hedge funds own 97.58% of the company’s stock.

Hudson Pacific Properties News Summary

Investors following HPP have been watching these news items:

• Positive Sentiment: CEO Victor Coleman bought 20,000 shares for $182,000, and President Mark Lammas bought 5,000 shares for $43,650. Director Jon Bortz made three purchases totaling 75,000 shares for about $680,000. Together, the disclosed purchases amounted to roughly 100,000 shares and $906,000 across several days. Insider buying may support investor sentiment, though it does not guarantee improved business performance. Coleman filing Lammas filing Bortz filing

Analysts Set New Price Targets

HPP has been the topic of several recent research reports. Citigroup restated a “neutral” rating and issued a $15.00 price target (up from $13.00) on shares of Hudson Pacific Properties in a research report on Thursday, August 13th. Piper Sandler cut Hudson Pacific Properties from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $15.00 to $13.00 in a report on Monday, October 19th. Zacks Research downgraded Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 8th. Mizuho raised their price objective on Hudson Pacific Properties from $15.00 to $17.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $16.00 price objective on shares of Hudson Pacific Properties in a research note 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $15.27.

Hudson Pacific Properties Company Profile

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.