Hudson Pacific Properties Inc (NYSE: HPP) is -8.58% lower on its value in year-to-date trading and has touched a low of $2.39 and a high of $9.25 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 $2.51 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $2.77, the stock is -3.65% and -19.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.22 million and changing 10.36% at the moment leaves the stock -41.48% off its SMA200. HPP registered -68.88% loss for a year compared to 6-month loss of -49.54%. The firm has a 50-day simple moving average (SMA 50) of $3.4632 and a 200-day simple moving average (SMA200) of $4.7517.
The stock witnessed a -12.06% gain in the last 1 month and extending the period to 3 months gives it a -36.18%, and is -1.42% down 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 6.93% over the week and 8.50% over the month.
Hudson Pacific Properties Inc (HPP) has around 758 employees, a market worth around $401.40M and $853.77M in sales. Profit margin for the company is -34.57%. Distance from 52-week low is 15.89% and -70.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.87%).
with sales reaching $208.26M over the same period.The EPS is expected to shrink by -29.41% this year, but quarterly earnings will post -11.83% year-over-year. Quarterly sales are estimated to shrink -6.79% in year-over-year returns.
Hudson Pacific Properties Inc (HPP) Top Institutional Holders
346.0 institutions hold shares in Hudson Pacific Properties Inc (HPP), with institutional investors hold 118.97% of the company’s shares. The shares outstanding are 141.23M, and float is at 137.13M with Short Float at 15.46%. Institutions hold 114.92% 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 purchase by COLEMAN VICTOR J, the company’s Chief Executive Officer. SEC filings show that COLEMAN VICTOR J bought 50,000 shares of the company’s common stock on Dec 18 ’24 at a price of $2.87 per share for a total of $0.14 million. Following the purchase, the insider now owns 0.49 million shares.
Hudson Pacific Properties Inc disclosed in a document filed with the SEC on Nov 25 ’24 that COLEMAN VICTOR J (Chief Executive Officer) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Nov 25 ’24 and was made at $3.53 per share for $0.18 million. Following the transaction, the insider now directly holds 0.44 million shares of the HPP stock.
Still, SEC filings show that on Sep 20 ’24, Andrew Wattula (Officer) Proposed Sale 9,356 shares at an average price of $5.28 for $49400.0. The insider now directly holds shares of Hudson Pacific Properties Inc (HPP).
