Swiss National Bank raised its position in Hudson Pacific Properties, Inc. (NYSE:HPP) by 1.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 261,050 shares of the real estate investment trust’s stock after purchasing an additional 3,300 shares during the period. Swiss National Bank owned 168,094.01% of Hudson Pacific Properties worth $8,753,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. PNC Financial Services Group Inc. lifted its position in shares of Hudson Pacific Properties by 126.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,740 shares of the real estate investment trust’s stock worth $130,000 after purchasing an additional 2,091 shares during the period. Public Employees Retirement Association of Colorado acquired a new position in shares of Hudson Pacific Properties in the 2nd quarter worth approximately $168,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Hudson Pacific Properties in the 2nd quarter worth approximately $214,000. Eqis Capital Management Inc. acquired a new position in shares of Hudson Pacific Properties in the 2nd quarter worth approximately $307,000. Finally, Advisors Asset Management Inc. lifted its position in shares of Hudson Pacific Properties by 33.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 8,980 shares of the real estate investment trust’s stock worth $307,000 after purchasing an additional 2,238 shares during the period.

A number of brokerages have recently issued reports on HPP. Goldman Sachs Group, Inc. (The) downgraded shares of Hudson Pacific Properties from a “buy” rating to a “neutral” rating in a research report on Monday. KeyCorp reiterated a “buy” rating on shares of Hudson Pacific Properties in a research note on Tuesday, September 26th. BidaskClub upgraded shares of Hudson Pacific Properties from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 17th. Barclays PLC lifted their price objective on shares of Hudson Pacific Properties from $40.00 to $41.00 and gave the company an “overweight” rating in a research note on Tuesday, August 15th. Finally, Zacks Investment Research upgraded shares of Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research note on Monday, November 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. Hudson Pacific Properties has an average rating of “Hold” and an average price target of $37.79.

In other Hudson Pacific Properties news, insider Richard B. Fried sold 17,417 shares of the business’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $34.66, for a total transaction of $603,673.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.33% of the company’s stock.

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Shares of Hudson Pacific Properties, Inc. (HPP) opened at $35.42 on Tuesday. The company has a market cap of $5,532.35, a price-to-earnings ratio of 18.46, a price-to-earnings-growth ratio of 3.06 and a beta of 0.77. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.32 and a current ratio of 1.32. Hudson Pacific Properties, Inc. has a one year low of $31.52 and a one year high of $36.75.

Hudson Pacific Properties (NYSE:HPP) last announced its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.50 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.50. The business had revenue of $190.02 million during the quarter, compared to analyst estimates of $183.37 million. Hudson Pacific Properties had a net margin of 8.98% and a return on equity of 1.58%. Hudson Pacific Properties’s quarterly revenue was up 15.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.46 EPS. equities research analysts forecast that Hudson Pacific Properties, Inc. will post 1.96 earnings per share for the current fiscal year.

Hudson Pacific Properties 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.

Institutional Ownership by Quarter for Hudson Pacific Properties (NYSE:HPP)

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