Hudson Pacific Properties Inc (NYSE: HPP) is -43.61% lower on its value in year-to-date trading and has touched a low of $4.26 and a high of $9.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HPP stock was last observed hovering at around $5.07 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $5.25, the stock is 3.38% and 1.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.09 million and changing 3.55% at the moment leaves the stock -16.28% off its SMA200. HPP registered -21.64% loss for a year compared to 6-month loss of -16.00%.
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The stock witnessed a 0.57% gain in the last 1 month and extending the period to 3 months gives it a 8.25%, and is 9.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.44% over the week and 5.39% over the month.
Hudson Pacific Properties Inc (HPP) has around 758 employees, a market worth around $741.46M and $884.19M in sales. Profit margin for the company is -26.00%. Distance from 52-week low is 23.09% and -46.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.97%).
The EPS is expected to shrink by -7.11% this year
345.0 institutions hold shares in Hudson Pacific Properties Inc (HPP), with institutional investors hold 113.00% of the company’s shares. The shares outstanding are 141.03M, and float is at 137.18M with Short Float at 17.65%. Institutions hold 109.23% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 27.23 million shares valued at $130.97 million. The investor’s holdings represent 19.294 of the HPP Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 21.04 million shares valued at $101.22 million to account for 14.9112 of the shares outstanding. The other top investors are STATE STREET CORP which holds 8.46 million shares representing 5.996 and valued at over $40.7 million, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 3.2445 of the shares totaling 4.58 million with a market value of $22.02 million.
Hudson Pacific Properties Inc (HPP) Insider Activity
The most recent transaction is an insider sale by GLASER JONATHAN M, the company’s Director. SEC filings show that GLASER JONATHAN M sold 9,287 shares of the company’s common stock on Aug 30 ’24 at a price of $5.20 per share for a total of $48292.0. Following the sale, the insider now owns 3713.0 shares.
Hudson Pacific Properties Inc disclosed in a document filed with the SEC on May 31 ’24 that Barton Christopher James (EVP,Development & Capital Inv) bought a total of 4,132 shares of the company’s common stock. The trade occurred on May 31 ’24 and was made at $4.83 per share for $19958.0. Following the transaction, the insider now directly holds 60358.0 shares of the HPP stock.
Still, SEC filings show that on May 30 ’24, Jaffe Steven M. (EVP, Business Affairs) acquired 5,295 shares at an average price of $4.71 for $24939.0. The insider now directly holds 36,561 shares of Hudson Pacific Properties Inc (HPP).
