Hudson Pacific Properties (NYSE:HPP) CEO Victor Coleman Purchases 20,000 Shares of Stock

Hudson Pacific Properties, Inc. (NYSE:HPP) CEO Victor Coleman bought 20,000 shares of the company’s stock in a transaction dated Tuesday, November 10th. The stock was bought at an average cost of $9.10 per share, with a total value of $182,000.00. Following the completion of the transaction, the chief executive officer owned 121,663 shares in the company, valued at approximately $1,107,133.30. This trade represents a 19.67% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Hudson Pacific Properties Trading Up 2.0%

Shares of 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 current ratio of 1.33, a quick ratio of 1.11 and a debt-to-equity ratio of 1.46. The firm’s 50-day moving average price is $11.02 and its 200-day moving average price is $10.89. The firm has a market capitalization of $478.38 million, a price-to-earnings ratio of -0.87, a PEG ratio of 0.54 and a beta of 2.02.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings results on Thursday, November 5th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate 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 EPS for the current 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 Trading of Hudson Pacific Properties

Institutional investors have recently added to or reduced their stakes in the business. Winslow Asset Management Inc. increased its holdings in shares of Hudson Pacific Properties by 19.9% in the 3rd 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 in the last quarter. Advisors Asset Management Inc. bought a new position in shares of Hudson Pacific Properties during the third quarter valued at $1,795,000. Focus Advisor Solutions LLC lifted its holdings in shares of Hudson Pacific Properties by 46.5% during the third 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 lifted its holdings in shares of Hudson Pacific Properties by 7.4% during the third 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 position in shares of Hudson Pacific Properties by 24.4% during the third quarter. Russell Investments Group Ltd. now owns 401,539 shares of the real estate investment trust’s stock valued at $4,634,000 after buying an additional 78,712 shares during the last quarter. 97.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on HPP. Zacks Research cut shares of Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 8th. Wall Street Zen lowered shares of Hudson Pacific Properties from a “hold” rating to a “sell” rating in a research note on Sunday, September 20th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hudson Pacific Properties in a report on Wednesday, August 26th. Citigroup reaffirmed a “neutral” rating and issued a $15.00 target price (up from $13.00) on shares of Hudson Pacific Properties in a report on Thursday, August 13th. Finally, Cantor Fitzgerald upped their target price on shares of Hudson Pacific Properties from $14.00 to $17.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Three 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. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target 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.