Hudson Pacific Properties Company Profile (NYSE:HPP)

About Hudson Pacific Properties (NYSE:HPP)

Hudson Pacific Properties logoHudson 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. As of December 31, 2016, the Company's portfolio included office properties consisting of an aggregate of approximately 14.1 million square feet, and media and entertainment properties consisting of approximately 0.9 million square feet of sound-stage, office and supporting production facilities. As of December 31, 2016, the Company also owned undeveloped density rights for approximately 2.5 million square feet of future office and residential space. The Company's in-service office properties include stabilized office properties and lease-up office properties.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $4.88 billion
  • Outstanding Shares: 147,950,000
Average Prices:
  • 50 Day Moving Avg: $34.15
  • 200 Day Moving Avg: $34.54
  • 52 Week Range: $26.99 - $36.75
P/E:
  • Trailing P/E Ratio: 90.60
  • Foreward P/E Ratio: 89.14
  • P/E Growth: 9.28
Sales & Book Value:
  • Annual Revenue: $654.39 million
  • Price / Sales: 7.46
  • Book Value: $25.05 per share
  • Price / Book: 1.32
Dividend:
  • Annual Dividend: $0.80
  • Dividend Yield: 3.0%
Profitability:
  • EBIDTA: $269.94 million
  • Net Margins: 1.51%
  • Return on Equity: 0.25%
  • Return on Assets: 0.15%
Debt:
  • Debt-to-Equity Ratio: 0.66%
  • Current Ratio: 1.51%
  • Quick Ratio: 1.51%
Misc:
  • Average Volume: 1.11 million shs.
  • Beta: 0.67
  • Short Ratio: 1.83
 

Frequently Asked Questions for Hudson Pacific Properties (NYSE:HPP)

What is Hudson Pacific Properties' stock symbol?

Hudson Pacific Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPP."

How often does Hudson Pacific Properties pay dividends? What is the dividend yield for Hudson Pacific Properties?

Hudson Pacific Properties announced a quarterly dividend on Thursday, March 9th. Investors of record on Monday, March 20th will be paid a dividend of $0.25 per share on Thursday, March 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date is Thursday, March 16th. This is a boost from Hudson Pacific Properties's previous quarterly dividend of $0.20. View Hudson Pacific Properties' Dividend History.

How were Hudson Pacific Properties' earnings last quarter?

Hudson Pacific Properties Inc (NYSE:HPP) released its quarterly earnings results on Thursday, May, 4th. The company reported $0.48 EPS for the quarter, hitting analysts' consensus estimates of $0.48. The business earned $168.30 million during the quarter, compared to the consensus estimate of $173.93 million. Hudson Pacific Properties had a net margin of 1.51% and a return on equity of 0.25%. The business's revenue was up 9.6% on a year-over-year basis. View Hudson Pacific Properties' Earnings History.

What guidance has Hudson Pacific Properties issued on next quarter's earnings?

Hudson Pacific Properties issued an update on its FY17 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $1.92-2.02 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.97.

Where is Hudson Pacific Properties' stock going? Where will Hudson Pacific Properties' stock price be in 2017?

8 equities research analysts have issued 1 year price targets for Hudson Pacific Properties' stock. Their forecasts range from $34.50 to $40.00. On average, they expect Hudson Pacific Properties' stock price to reach $38.07 in the next twelve months. View Analyst Ratings for Hudson Pacific Properties.

Who are some of Hudson Pacific Properties' key competitors?

Who owns Hudson Pacific Properties stock?

Hudson Pacific Properties' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (17.80%), FMR LLC (9.15%), BlackRock Inc. (9.11%), State Street Corp (3.41%), Principal Financial Group Inc. (3.47%) and Daiwa Securities Group Inc. (3.37%). Company insiders that own Hudson Pacific Properties stock include Barry Alan Porter, Harout Krikor Diramerian, Jonathan M Glaser, Real Estate Partner Blackstone, Richard B Fried and Victor J Coleman. View Institutional Ownership Trends for Hudson Pacific Properties.

Who sold Hudson Pacific Properties stock? Who is selling Hudson Pacific Properties stock?

Hudson Pacific Properties' stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Citadel Advisors LLC, Teachers Advisors LLC, Russell Investments Group Ltd., Monarch Partners Asset Management LLC, Prudential Financial Inc., Renaissance Technologies LLC and Bank of America Corp DE. Company insiders that have sold Hudson Pacific Properties stock in the last year include Real Estate Partner Blackstone and Richard B Fried. View Insider Buying and Selling for Hudson Pacific Properties.

Who bought Hudson Pacific Properties stock? Who is buying Hudson Pacific Properties stock?

Hudson Pacific Properties' stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Principal Financial Group Inc., Brookfield Asset Management Inc., FMR LLC, Goldman Sachs Group Inc., State Street Corp and Wellington Management Group LLP. Company insiders that have bought Hudson Pacific Properties stock in the last two years include Barry Alan Porter, Jonathan M Glaser and Victor J Coleman. View Insider Buying and Selling for Hudson Pacific Properties.

How do I buy Hudson Pacific Properties stock?

Shares of Hudson Pacific Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Hudson Pacific Properties stock cost?

One share of Hudson Pacific Properties stock can currently be purchased for approximately $32.98.

Analyst Ratings

Consensus Ratings for Hudson Pacific Properties (NYSE:HPP) (?)
Ratings Breakdown: 2 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $38.07 (15.44% upside)

Analysts' Ratings History for Hudson Pacific Properties (NYSE:HPP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/19/2017Barclays PLCBoost Price TargetOverweight$39.00 -> $40.00LowView Rating Details
3/20/2017MizuhoDowngradeBuy -> Neutral$35.00MediumView Rating Details
3/1/2017Morgan StanleyBoost Price TargetOverweight$38.00 -> $39.00N/AView Rating Details
1/7/2017BTIG ResearchReiterated RatingBuy$39.00 -> $40.00N/AView Rating Details
12/1/2016Wells Fargo & CoReiterated RatingHold$34.50N/AView Rating Details
10/10/2016DA DavidsonSet Price TargetBuy$40.00N/AView Rating Details
9/22/2016Bank of America CorpReiterated RatingBuy -> PositiveN/AView Rating Details
8/26/2016Robert W. BairdReiterated RatingOutperform$38.00N/AView Rating Details
5/15/2016KeyCorpReiterated RatingBuy$37.00N/AView Rating Details
3/28/2016Cowen and CompanyInitiated CoverageMarket Perform$30.00N/AView Rating Details
1/11/2016Credit Suisse Group AGDowngradeOutperform -> Neutral$35.00 -> $29.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Hudson Pacific Properties (NYSE:HPP)
Earnings by Quarter for Hudson Pacific Properties (NYSE:HPP)
Earnings History by Quarter for Hudson Pacific Properties (NYSE:HPP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017$0.48$0.48$173.93 million$168.30 millionViewListenView Earnings Details
2/16/2017Q416$0.46$0.46$165.68 million$167.20 millionViewN/AView Earnings Details
11/3/2016Q316$0.44$0.46$17.50 million$164.60 millionViewN/AView Earnings Details
8/4/2016Q216$0.42$0.43$151.59 million$154.30 millionViewN/AView Earnings Details
5/5/2016Q116$0.41$0.43$150.87 million$142.30 millionViewN/AView Earnings Details
2/25/2016Q415$0.42$0.44$153.75 million$154.70 millionViewListenView Earnings Details
11/5/2015Q315$0.42$0.43$155.18 million$151.60 millionViewN/AView Earnings Details
8/6/2015Q215$0.41$0.47$165.52 million$143.56 millionViewN/AView Earnings Details
5/7/2015Q115$0.21$0.23$64.80 million$52.94 millionViewN/AView Earnings Details
2/26/2015Q414$0.30($0.03)$75.80 million$68.80 millionViewN/AView Earnings Details
2/26/2014Q413$0.23$0.26$55.66 million$47.69 millionViewN/AView Earnings Details
8/5/20132Q13$0.22$0.24ViewN/AView Earnings Details
5/6/2013Q113$0.22$0.29$48.82 million$49.40 millionViewN/AView Earnings Details
3/6/2013Q412$0.21$0.23$44.58 million$45.20 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hudson Pacific Properties (NYSE:HPP)
2017 EPS Consensus Estimate: $1.94
2018 EPS Consensus Estimate: $2.09
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.46$0.49$0.48
Q2 20172$0.47$0.47$0.47
Q3 20172$0.48$0.49$0.49
Q4 20172$0.49$0.52$0.51
Q1 20181$0.50$0.50$0.50
Q2 20181$0.52$0.52$0.52
Q3 20181$0.53$0.53$0.53
Q4 20181$0.54$0.54$0.54
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Hudson Pacific Properties (NYSE:HPP)
Most Recent Dividend:3/30/2017
Annual Dividend:$0.80
Dividend Yield:2.43%
Dividend Growth:17.00% (3 Year Average)
Payout Ratio:-7,992.01% (Trailing 12 Months of Earnings)
200.00% (Based on This Year's Estimates)
216.22% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Hudson Pacific Properties (NYSE:HPP)

Dividend History by Quarter for Hudson Pacific Properties (NYSE:HPP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/9/2017quarterly$0.252.94%3/16/20173/20/20173/30/2017
12/9/2016quarterly$0.202.33%12/15/201612/19/201612/29/2016
9/9/2016quarterly$0.202.42%9/16/20169/20/20169/30/2016
6/10/2016quarterly$0.202.77%6/16/20166/20/20166/30/2016
3/10/2016quarterly$0.202.9%3/16/20163/20/20163/30/2016
12/10/2015quarterly$0.202.93%12/16/201512/20/201512/30/2015
9/9/2015quarterly$0.131.8%9/16/20159/20/20159/30/2015
6/9/2015quarterly$0.131.71%6/17/20156/20/20156/30/2015
3/10/2015quarterly$0.131.63%3/18/20153/20/20153/30/2015
12/5/2014quarterly$0.131.74%12/17/201412/19/201412/30/2014
9/8/2014quarterly$0.131.89%9/17/20149/20/20149/30/2014
6/10/2014quarterly$0.132.02%6/18/20146/20/20146/30/2014
3/10/2014quarterly$0.133/19/20143/21/20143/31/2014
12/3/2013quarterly$0.132.44%12/18/201312/20/201312/30/2013
9/10/2013quarterly$0.132.52%9/18/20139/20/20139/30/2013
6/10/2013quarterly$0.132.37%6/18/20136/20/20137/1/2013
3/7/2013quarterly$0.132.19%3/18/20133/20/20134/1/2013
12/10/2012quarterly$0.132.5%12/18/201212/20/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Hudson Pacific Properties (NYSE:HPP)
Insider Ownership Percentage: 13.35%
Institutional Ownership Percentage: 90.69%
Insider Trades by Quarter for Hudson Pacific Properties (NYSE:HPP)
Institutional Ownership by Quarter for Hudson Pacific Properties (NYSE:HPP)
Insider Trades by Quarter for Hudson Pacific Properties (NYSE:HPP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/14/2017Jonathan M GlaserDirectorBuy10,000$33.58$335,800.00View SEC Filing  
1/10/2017Real Estate Partner BlackstoneMajor ShareholderSell8,626,311$35.00$301,920,885.00View SEC Filing  
1/10/2017Richard B FriedDirectorSell1,165,922$35.00$40,807,270.00View SEC Filing  
11/28/2016Richard B FriedDirectorSell1,165,918$32.50$37,892,335.00View SEC Filing  
7/21/2016Richard B FriedDirectorSell804,627$30.32$24,396,290.64View SEC Filing  
5/19/2016Barry Alan PorterDirectorBuy5,000$27.61$138,050.00View SEC Filing  
5/19/2016Victor J ColemanCEOBuy10,000$26.86$268,600.00View SEC Filing  
5/17/2016Jonathan M GlaserDirectorBuy15,000$28.24$423,600.00View SEC Filing  
5/16/2016Jonathan M GlaserDirectorBuy35,500$28.74$1,020,270.00View SEC Filing  
5/16/2016Richard B FriedInsiderSell482,777$29.08$14,039,155.16View SEC Filing  
3/10/2016Jonathan M GlaserDirectorBuy4,000$26.44$105,760.00View SEC Filing  
3/1/2016Jonathan M GlaserDirectorBuy1,000$26.03$26,030.00View SEC Filing  
9/1/2015Jonathan M GlaserDirectorBuy5,000$27.66$138,300.00View SEC Filing  
8/18/2015Harout Krikor DiramerianCAOSell4,885$31.62$154,463.70View SEC Filing  
4/10/2015Farallon Capital Partners, L.PInsiderSell6,037,500$32.79$197,969,625.00View SEC Filing  
3/25/2014Farallon Partners L. C/CaInsiderSell3,511,845$22.14$77,752,248.30View SEC Filing  
9/3/2013Jonathan GlaserDirectorBuy1,750$19.60$34,300.00View SEC Filing  
8/30/2013Jonathan GlaserDirectorBuy5,000$19.92$99,600.00View SEC Filing  
8/16/2013Jonathan GlaserDirectorBuy4,000$19.89$79,560.00View SEC Filing  
8/15/2013Jonathan GlaserDirectorBuy3,200$20.23$64,736.00View SEC Filing  
8/15/2013Victor ColemanCEOBuy7,000$20.27$141,890.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Hudson Pacific Properties (NYSE:HPP)
Latest Headlines for Hudson Pacific Properties (NYSE:HPP)
Source:
DateHeadline
finance.yahoo.com logoEdited Transcript of HPP earnings conference call or presentation 4-May-17 6:00pm GMT
finance.yahoo.com - May 5 at 3:57 AM
seekingalpha.com logoHudson Pacific Properties' (HPP) CEO Victor Coleman on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 4 at 10:56 PM
finance.yahoo.com logoHudson Pacific Properties Reports Strong First Quarter 2017 Financial Results
finance.yahoo.com - May 4 at 5:53 PM
finance.yahoo.com logoHudson Pacific reports 1Q results
finance.yahoo.com - May 4 at 5:53 PM
americanbankingnews.com logoHudson Pacific Properties Inc (HPP) Posts Earnings Results, Meets Estimates
www.americanbankingnews.com - May 4 at 5:20 PM
americanbankingnews.com logoHudson Pacific Properties Inc (HPP) Releases FY17 Earnings Guidance
www.americanbankingnews.com - May 4 at 4:00 PM
finance.yahoo.com logoHudson Pacific adds third studio to Hollywood portfolio
finance.yahoo.com - May 3 at 4:33 PM
americanbankingnews.com logoHudson Pacific Properties (HPP) Receives Daily News Sentiment Score of 0.49
www.americanbankingnews.com - May 2 at 1:36 PM
finance.yahoo.com logoHudson Pacific Properties Announces Completion of Hollywood Center Studios Acquisition
finance.yahoo.com - May 2 at 10:12 AM
latimes.com logoHudson Pacific emerges as leading studio operator with third Hollywood acquisition
www.latimes.com - May 2 at 9:28 AM
americanbankingnews.com logoHudson Pacific Properties Inc (HPP) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - May 1 at 10:34 AM
americanbankingnews.com logoHudson Pacific Properties (HPP) Receives Media Impact Score of 0.27
www.americanbankingnews.com - April 29 at 10:47 PM
nasdaq.com logoInteresting HPP Put And Call Options For December 15th
www.nasdaq.com - April 28 at 6:41 PM
americanbankingnews.com logoHudson Pacific Properties Inc (HPP) Expected to Post Earnings of $0.48 Per Share
www.americanbankingnews.com - April 28 at 1:45 PM
americanbankingnews.com logoHudson Pacific Properties (HPP) Receiving Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 26 at 3:42 PM
finance.yahoo.com logoHudson Pacific Properties, Inc. breached its 50 day moving average in a Bearish Manner : HPP-US : April 25, 2017
finance.yahoo.com - April 25 at 10:52 AM
americanbankingnews.com logoHudson Pacific Properties (HPP) Given News Impact Score of 0.43
www.americanbankingnews.com - April 23 at 12:59 PM
americanbankingnews.com logoHudson Pacific Properties (HPP) Getting Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 20 at 8:11 PM
americanbankingnews.com logoHudson Pacific Properties' (HPP) Overweight Rating Reaffirmed at Barclays PLC
www.americanbankingnews.com - April 19 at 2:28 PM
americanbankingnews.com logoHudson Pacific Properties (HPP) Earning Positive Media Coverage, Report Shows
www.americanbankingnews.com - April 14 at 3:42 PM
bizjournals.com logoAEG, Hudson Pacific team up to redevelop Seattle arena (RENDERINGS)
www.bizjournals.com - April 12 at 5:53 PM
finance.yahoo.com logoHere’s the plan by Phil Anschutz's AEG for redeveloping Seattle’s basketball arena
finance.yahoo.com - April 12 at 5:53 PM
finance.yahoo.com logoFirst look: AEG wants to redevelop KeyArena into the Seattle Coliseum (Images)
finance.yahoo.com - April 12 at 5:53 PM
finance.yahoo.com logoHudson Pacific Properties, Inc. breached its 50 day moving average in a Bullish Manner : HPP-US : April 12, 2017
finance.yahoo.com - April 12 at 9:23 AM
finance.yahoo.com logoHudson Pacific Properties Promotes Derric DuBourdieu to Senior Vice President, Leasing
finance.yahoo.com - April 11 at 12:02 PM
americanbankingnews.com logoZacks: Analysts Anticipate Hudson Pacific Properties Inc (HPP) Will Post Quarterly Sales of $174.49 Million
www.americanbankingnews.com - April 9 at 9:24 AM
americanbankingnews.com logoZacks: Brokerages Expect Hudson Pacific Properties Inc (HPP) Will Post Earnings of $0.48 Per Share
www.americanbankingnews.com - April 7 at 8:43 PM
americanbankingnews.com logoHudson Pacific Properties Inc (HPP) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - April 4 at 12:34 PM
finance.yahoo.com logoHudson Pacific Properties Announces First Quarter Earnings Release and Conference Call
finance.yahoo.com - April 3 at 2:34 PM
americanbankingnews.com logoFY2018 Earnings Estimate for Hudson Pacific Properties Inc (HPP) Issued By KeyCorp
www.americanbankingnews.com - March 31 at 1:40 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for Hudson Pacific Properties Inc (HPP) Lowered by Analyst
www.americanbankingnews.com - March 30 at 10:55 AM
reuters.com logoBRIEF-Hudson Pacific Properties sells Santa Monica asset
www.reuters.com - March 27 at 11:13 AM
finance.yahoo.com logoHudson Pacific Properties Sells Santa Monica Asset
finance.yahoo.com - March 27 at 11:13 AM
finance.yahoo.com logoHudson Pacific (HPP) Inks 10-year Lease Deal with Google
finance.yahoo.com - March 27 at 11:13 AM
finance.yahoo.com logoHudson Pacific Properties Announces Capital Plan for Office Campus in Northern California
finance.yahoo.com - March 24 at 9:56 AM
reuters.com logoBRIEF-Hudson Pacific Properties says Google has signed a 10-year lease
www.reuters.com - March 23 at 11:19 PM
seekingalpha.com logoHudson Pacific signs Google as tenant at Rincon Center
seekingalpha.com - March 23 at 11:19 PM
us.rd.yahoo.com logoHudson Pacific Properties Signs Lease with Google at Rincon Center in San Francisco
us.rd.yahoo.com - March 23 at 6:18 PM
americanbankingnews.com logoMizuho Lowers Hudson Pacific Properties Inc (HPP) to Neutral
www.americanbankingnews.com - March 20 at 10:30 PM
americanbankingnews.com logoHudson Pacific Properties Inc (HPP) Director Jonathan M. Glaser Purchases 10,000 Shares
www.americanbankingnews.com - March 15 at 7:45 PM
finance.yahoo.com logoPost Earnings Coverage as DuPont Fabros' Quarterly Revenue Surged 22%; NAREIT and Normalized FFO Advanced 23%
finance.yahoo.com - March 14 at 12:04 PM
investorplace.com logoHudson Pacific Properties Inc Rewards HPP Shareholders
investorplace.com - March 13 at 1:36 PM
finance.yahoo.com logoHudson Pacific Properties (HPP) Raises Dividend by 25%
finance.yahoo.com - March 13 at 11:04 AM
americanbankingnews.com logoHudson Pacific Properties Inc (HPP) Declares Dividend of $0.25
www.americanbankingnews.com - March 10 at 11:04 AM
us.rd.yahoo.com logoHudson Pacific Properties Increases Common Stock Dividend by 25%
us.rd.yahoo.com - March 9 at 3:48 PM
reuters.com logoBRIEF-Hudson Pacific Properties sees 2017 FFO $1.90/shr to $2.00/shr, excluding items
www.reuters.com - March 6 at 5:19 PM
seekingalpha.com logoHudson Pacific trims guidance
seekingalpha.com - March 6 at 5:19 PM
finance.yahoo.com logoHudson Pacific Properties Updates 2017 Outlook in Connection with Public Offering and Pending Acquisition
finance.yahoo.com - March 6 at 9:14 AM
us.rd.yahoo.com logoHudson Pacific Properties Announces Closing of Public Offering and Exercise of Underwriters’ Option to Purchase Additional Shares
us.rd.yahoo.com - March 3 at 10:44 PM
latimes.com logoHistoric Hollywood film studio where 'I Love Lucy' was shot being acquired by Hudson Pacific
www.latimes.com - February 28 at 8:55 PM

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Chart

Hudson Pacific Properties (HPP) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff