Hudson Pacific Properties (NYSE:HPP) President Mark Lammas Buys 5,000 Shares of Company Stock

Hudson Pacific Properties, Inc. (NYSE:HPP) President Mark Lammas acquired 5,000 shares of the stock in a transaction on Thursday, November 12th. The shares were bought at an average price of $8.73 per share, for a total transaction of $43,650.00. Following the purchase, the president owned 25,225 shares in the company, valued at approximately $220,214.25. This trade represents a 24.72% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

Hudson Pacific Properties Price Performance

NYSE HPP traded up $0.05 during midday trading on Friday, hitting $8.85. The company had a trading volume of 574,167 shares, compared to its average volume of 992,624. The company has a market capitalization of $480.50 million, a PE ratio of -0.87, a P/E/G ratio of 0.55 and a beta of 2.02. 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 has a 50-day moving average price of $10.95 and a 200-day moving average price of $10.89. Hudson Pacific Properties, Inc. has a twelve month low of $5.26 and a twelve month high of $17.20.

Hudson Pacific Properties (NYSE:HPP) last released its earnings results on Thursday, November 5th. The real estate investment trust reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.73) by $1.01. The firm had revenue of $180.89 million during the quarter, compared to the consensus estimate of $181.62 million. Hudson Pacific Properties had a negative return on equity of 25.07% and a negative net margin of 80.01%. Hudson Pacific Properties has set its FY 2026 guidance at 1.150-1.210 EPS. As a group, analysts anticipate that Hudson Pacific Properties, Inc. will post 1.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on HPP shares. Citigroup reissued a “neutral” rating and issued a $15.00 price objective (up from $13.00) on shares of Hudson Pacific Properties in a research note on Thursday, August 13th. Cantor Fitzgerald boosted their price objective on shares of Hudson Pacific Properties from $14.00 to $17.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Morgan Stanley set a $9.00 target price on Hudson Pacific Properties and gave the stock an “underweight” rating in a research note on Wednesday, July 22nd. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $17.00 target price (up from $14.00) on shares of Hudson Pacific Properties in a report on Tuesday, September 1st. Finally, Zacks Research lowered Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 8th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Hudson Pacific Properties presently has a consensus rating of “Hold” and a consensus target price of $15.27.

Key Hudson Pacific Properties News

Here’s some of the latest news about HPP:

• 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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HPP. IFP Advisors Inc boosted its stake in shares of 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 in the last quarter. Allied Private Wealth LLC acquired a new position in Hudson Pacific Properties during the 2nd quarter worth approximately $33,000. Pinnacle Wealth Planning Services Inc. increased its position in Hudson Pacific Properties by 66.3% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 4,300 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 1,715 shares in the last quarter. Allworth Financial LP acquired a new position in Hudson Pacific Properties during the 2nd quarter worth approximately $67,000. Finally, Legal & General Group Plc bought a new position in Hudson Pacific Properties in the 2nd quarter valued at approximately $80,000. Institutional investors and hedge funds own 97.58% of the company’s stock.

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.