Hudson Pacific Properties (NYSE:HPP) Director Buys $231,000.00 in Stock

Key Points

• Director Jon Bortz bought 25,000 shares for $231,000 at an average price of $9.24, increasing his direct stake by 70.63% to 60,394 shares.
• Hudson Pacific reported quarterly EPS of $0.28, beating the consensus estimate of a $0.73 loss, while revenue of $180.89 million came in slightly below estimates. The REIT issued FY 2026 EPS guidance of $1.15–$1.21.
• Analysts have a consensus Hold rating and an average price target of $15.27; shares were trading at $8.81 in Thursday’s midday session.

Hudson Pacific Properties, Inc. (NYSE:HPP - Get Free Report) Director Jon Bortz bought 25,000 shares of the stock in a transaction on Monday, November 9th. The stock was purchased at an average cost of $9.24 per share, for a total transaction of $231,000.00. Following the acquisition, the director directly owned 60,394 shares of the company's stock, valued at $558,040.56. The trade was a 70.63% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Hudson Pacific Properties Price Performance

Shares of NYSE:HPP traded up $0.17 during midday trading on Thursday, hitting $8.81. 626,994 shares of the stock were exchanged, compared to its average volume of 1,000,553. The stock has a market cap of $478.38 million, a P/E ratio of -0.87, a PEG ratio of 0.54 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. Hudson Pacific Properties, Inc. has a twelve month low of $5.26 and a twelve month high of $17.20. The company has a 50 day moving average price of $11.02 and a 200-day moving average price of $10.89.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The real estate investment trust reported $0.28 EPS for the quarter, topping the consensus estimate of ($0.73) by $1.01. Hudson Pacific Properties had a negative net margin of 80.01% and a negative return on equity of 25.07%. The business had revenue of $180.89 million for the quarter, compared to analyst estimates of $181.62 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.150-1.210 EPS. On average, research analysts forecast that Hudson Pacific Properties, Inc. will post 1.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on HPP shares. Zacks Research lowered shares of Hudson Pacific Properties from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 8th. Mizuho raised their price objective on shares of Hudson Pacific Properties from $15.00 to $17.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 21st. Cantor Fitzgerald lifted their price objective on Hudson Pacific Properties from $14.00 to $17.00 and gave the stock an "overweight" rating in a research report on Friday, August 7th. 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 research note on Tuesday, September 1st. Finally, Wall Street Zen cut Hudson Pacific Properties from a "hold" rating to a "sell" rating in a report on Sunday, September 20th. Three 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's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $15.27.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its stake in shares of Hudson Pacific Properties by 4,560.0% during the 2nd quarter. IFP Advisors Inc now owns 1,631 shares of the real estate investment trust's stock worth $25,000 after purchasing an additional 1,596 shares during the last quarter. Allied Private Wealth LLC purchased a new stake in shares of Hudson Pacific Properties during the second quarter worth about $33,000. Pinnacle Wealth Planning Services Inc. grew its holdings in shares of 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. Allworth Financial LP acquired a new position in shares of Hudson Pacific Properties in the second quarter valued at approximately $67,000. Finally, Legal & General Group Plc acquired a new position in shares of Hudson Pacific Properties in the second 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.

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