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

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

Hudson Pacific Properties Stock Up 0.6%

NYSE HPP traded up $0.05 on Friday, reaching $8.85. The stock had a trading volume of 574,167 shares, compared to its average volume of 992,624. The company has a current ratio of 1.33, a quick ratio of 1.11 and a debt-to-equity ratio of 1.46. Hudson Pacific Properties, Inc. has a 1 year low of $5.26 and a 1 year high of $17.20. The business has a 50 day moving average price of $10.95 and a 200 day moving average price of $10.89. The company has a market capitalization of $480.50 million, a price-to-earnings ratio of -0.87, a P/E/G ratio of 0.55 and a beta of 2.02.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings results on Thursday, November 5th. The real estate investment trust reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.73) by $1.01. The company 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. On average, analysts forecast that Hudson Pacific Properties, Inc. will post 1.17 EPS for the current fiscal year.

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

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on HPP shares. Piper Sandler lowered Hudson Pacific Properties from an “overweight” rating to a “neutral” rating and cut their target price for the company from $15.00 to $13.00 in a report on Monday, October 19th. The Goldman Sachs Group reiterated a “neutral” rating and set a $16.00 price target on shares of Hudson Pacific Properties in a research note on Monday, August 10th. Zacks Research downgraded Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 8th. Cantor Fitzgerald increased their price objective on Hudson Pacific Properties from $14.00 to $17.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Finally, Morgan Stanley set a $9.00 price objective on Hudson Pacific Properties and gave the company an “underweight” rating in a research note on Wednesday, July 22nd. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $15.27.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. IFP Advisors Inc lifted its stake in shares of Hudson Pacific Properties by 4,560.0% in the second quarter. IFP Advisors Inc now owns 1,631 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 1,596 shares during the period. Pinnacle Wealth Planning Services Inc. grew its position in Hudson Pacific Properties by 66.3% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 4,300 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 1,715 shares in the last quarter. Allied Private Wealth LLC bought a new position in Hudson Pacific Properties during the second quarter valued at about $33,000. Cetera Investment Advisers increased its stake in Hudson Pacific Properties by 18.0% during the first quarter. Cetera Investment Advisers now owns 16,317 shares of the real estate investment trust’s stock valued at $96,000 after acquiring an additional 2,485 shares during the period. Finally, Winslow Asset Management Inc. increased its stake in Hudson Pacific Properties by 19.9% during the third quarter. Winslow Asset Management Inc. now owns 16,235 shares of the real estate investment trust’s stock valued at $187,000 after acquiring an additional 2,700 shares during the period. 97.58% of the stock is currently owned by institutional investors and hedge funds.

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.