Hudson Pacific Properties Company Profile (NYSE:HPP)

About Hudson Pacific Properties

Hudson Pacific Properties logoHudson Pacific Properties, Inc. is a full-service, vertically integrated real estate investment trust (REIT). The Company is focused on owning, operating and acquiring office, and media and entertainment properties in select growth markets primarily in Northern and Southern California, and the Pacific Northwest. It operates in two segments: office properties, and media and entertainment properties. Its investment strategy is focused on high barrier-to-entry, in-fill locations with favorable, long-term supply demand characteristics in select markets, including Los Angeles, Orange County, San Diego, San Francisco, Silicon Valley and Seattle. Its portfolio includes office properties, comprising an aggregate of approximately 14.0 million square feet, and media and entertainment properties, comprising over 0.9 million square feet of sound-stage, office and supporting production facilities. It also owns undeveloped density rights for over 2.6 million square feet of future office space.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: Office REITs
  • Exchange: NYSE
  • Symbol: HPP
  • CUSIP: 44409710
Key Metrics:
  • Previous Close: $36.35
  • 50 Day Moving Average: $35.52
  • 200 Day Moving Average: $33.88
  • 52-Week Range: $25.21 - $36.65
  • Trailing P/E Ratio: 144.82
  • Foreward P/E Ratio: 121.17
  • P/E Growth: 15.86
  • Market Cap: $4.93B
  • Outstanding Shares: 125,994,000
  • Beta: 0.67
Profitability:
  • 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%
Additional Links:
Companies Related to Hudson Pacific Properties:

Analyst Ratings

Consensus Ratings for Hudson Pacific Properties (NYSE:HPP) (?)
Ratings Breakdown: 2 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.78)
Consensus Price Target: $36.94 (1.62% upside)

Analysts' Ratings History for Hudson Pacific Properties (NYSE:HPP)
Show:
DateFirmActionRatingPrice TargetDetails
1/23/2017Barclays PLCReiterated RatingOverweight$39.00 -> $38.00View Rating Details
1/7/2017BTIG ResearchReiterated RatingBuy$39.00 -> $40.00View Rating Details
12/23/2016MizuhoReiterated RatingBuyView Rating Details
12/1/2016Wells Fargo & CoReiterated RatingHold$34.50View Rating Details
10/10/2016DA DavidsonSet Price TargetBuy$40.00View Rating Details
9/22/2016Bank of America CorpReiterated RatingBuy -> PositiveView Rating Details
8/26/2016Robert W. BairdReiterated RatingOutperform$38.00View Rating Details
5/15/2016KeyCorpReiterated RatingBuy$37.00View Rating Details
3/28/2016Cowen and CompanyInitiated CoverageMarket Perform$30.00View Rating Details
1/11/2016Credit Suisse GroupDowngradeOutperform -> Neutral$35.00 -> $29.00View Rating Details
12/4/2015Morgan StanleyUpgradeEqual Weight -> Overweight$33.00 -> $34.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Hudson Pacific Properties (NYSE:HPP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
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$0.27$0.23$64.80 million$52.94 millionViewN/AView Earnings Details
2/26/2015Q414($0.10)($0.03)$75.80 million$68.80 millionViewN/AView Earnings Details
8/5/2014$0.26$0.28ViewN/AView Earnings Details
5/8/2014$0.27$0.25ViewN/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)
Current Year EPS Consensus Estimate: $0.23 EPS
Next Year EPS Consensus Estimate: $0.30 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.41$0.41$0.41
Q2 20162$0.41$0.42$0.42
Q3 20162$0.42$0.45$0.44
Q4 20162$0.46$0.48$0.47
Q1 20171$0.48$0.48$0.48
Q2 20171$0.47$0.47$0.47
Q3 20171$0.48$0.48$0.48
Q4 20171$0.48$0.48$0.48
Q1 20181$0.52$0.52$0.52
Q2 20181$0.54$0.54$0.54
Q3 20181$0.55$0.55$0.55
Q4 20181$0.56$0.56$0.56
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Hudson Pacific Properties (NYSE:HPP)
Annual Dividend:$0.80
Dividend Yield:2.20%
Dividend Growth:17.00% (3 Year Average)
Payout Ratio:-7,992.01% (Based on Trailing 12 Months of Earnings)
347.83% (Based on Current Year Consensus EPS Estimate)
266.67% (Based on Next Year Consensus EPS Estimate)

Dividend History for Hudson Pacific Properties (NYSE:HPP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Hudson Pacific Properties (NYSE:HPP)
Insider Ownership Percentage: 13.35%
Institutional Ownership Percentage: 90.69%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Hudson Pacific Properties (NYSE:HPP)
DateHeadline
finance.yahoo.com logoHUDSON PACIFIC PROPERTIES, INC. Financials (NYSE:HPP)
finance.yahoo.com - February 24 at 7:01 PM
capitalcube.com logoHudson Pacific Properties, Inc. :HPP-US: Earnings Analysis: 2016 By the Numbers : February 22, 2017 (NYSE:HPP)
www.capitalcube.com - February 22 at 5:53 PM
biz.yahoo.com logoHUDSON PACIFIC PROPERTIES, INC. Files SEC form 10-K, Annual Report (NYSE:HPP)
biz.yahoo.com - February 22 at 12:50 PM
capitalcube.com logoHudson Pacific Properties, Inc. :HPP-US: Earnings Analysis: Q4, 2016 By the Numbers : February 21, 2017 (NYSE:HPP)
www.capitalcube.com - February 22 at 12:50 PM
seekingalpha.com logoHudson Pacific Properties FFO in-line, beats on revenue (NYSE:HPP)
seekingalpha.com - February 18 at 6:59 AM
finance.yahoo.com logoEdited Transcript of HPP earnings conference call or presentation 16-Feb-17 7:00pm GMT (NYSE:HPP)
finance.yahoo.com - February 17 at 8:38 AM
reuters.com logoBRIEF-Hudson Pacific Properties reports qtrly FFO per share $0.46 (NYSE:HPP)
www.reuters.com - February 16 at 10:39 PM
seekingalpha.com logoHudson Pacific Properties' (HPP) CEO Victor Coleman on Q4 2016 Results - Earnings Call Transcript (NYSE:HPP)
seekingalpha.com - February 16 at 10:39 PM
marketexclusive.com logoHudson Pacific Properties, Inc. (NYSE:HPP) Files An 8-K Results of Operations and Financial Condition (NYSE:HPP)
marketexclusive.com - February 16 at 10:39 PM
biz.yahoo.com logoQ4 2016 Hudson Pacific Properties Inc Earnings Release - Before Market Open (NYSE:HPP)
us.rd.yahoo.com - February 16 at 5:39 PM
biz.yahoo.com logoHUDSON PACIFIC PROPERTIES, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disc (NYSE:HPP)
us.rd.yahoo.com - February 16 at 5:39 PM
us.rd.yahoo.com logoHudson Pacific Properties Announces Strong Fourth Quarter and Full Year 2016 Financial Results (NYSE:HPP)
us.rd.yahoo.com - February 16 at 5:39 PM
sg.finance.yahoo.com logoHudson Pacific reports 4Q results (NYSE:HPP)
sg.finance.yahoo.com - February 16 at 5:39 PM
biz.yahoo.com logoHUDSON PACIFIC PROPERTIES, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements a (NYSE:HPP)
biz.yahoo.com - February 10 at 6:27 PM
capitalcube.com logoETFs with exposure to Hudson Pacific Properties, Inc. : February 3, 2017 (NYSE:HPP)
www.capitalcube.com - February 3 at 6:16 PM
finance.yahoo.com logoHudson Pacific Properties Announces 2016 Dividend Tax Treatment (NYSE:HPP)
finance.yahoo.com - February 3 at 6:16 PM
capitalcube.com logoHudson Pacific Properties, Inc. breached its 50 day moving average in a Bearish Manner : HPP-US : February 2, 2017 (NYSE:HPP)
www.capitalcube.com - February 2 at 6:23 PM
seekingalpha.com logoHudson Pacific Properties Is A Fair Location To Park Cash (NYSE:HPP)
seekingalpha.com - February 1 at 6:28 PM
4-traders.com logoHudson Pacific Properties : Propark Awarded Parking Facility Management Portfolio from Hudson Pacific Properties (NYSE:HPP)
www.4-traders.com - January 24 at 4:04 AM
marketrealist.com logoWhy Netflix Stock Rose Last Week (NYSE:HPP)
marketrealist.com - January 23 at 6:02 PM
News IconHudson Pacific Properties, Inc. (HPP) Major Shareholder Sells $301920885.00 in Stock (NYSE:HPP)
diariocatolico.net - January 20 at 12:32 AM
finance.yahoo.com logoHudson Pacific Properties Announces Fourth Quarter Earnings Release And Conference Call (NYSE:HPP)
finance.yahoo.com - January 18 at 6:10 PM
marketrealist.com logoWhy Netflix Plans to Continue to Focus on Original Content (NYSE:HPP)
marketrealist.com - January 13 at 6:53 PM
News IconInvestors Checklist Stocks: Hudson Pacific Properties Inc., Noble Energy Inc (NYSE:HPP)
myhealthbowl.com - January 10 at 6:39 PM
biz.yahoo.com logoHUDSON PACIFIC PROPERTIES, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financia (NYSE:HPP)
biz.yahoo.com - January 10 at 6:39 PM
News IconThis Weeks Target Prices For Hudson Pacific Properties, Inc. (NYSE:HPP) (NYSE:HPP)
thecelebritytruth.com - January 7 at 7:37 PM
News IconHudson Pacific Properties, Inc. (HPP) Receives $35.56 Consensus Target Price from Brokerages (NYSE:HPP)
larampadinapoli.com - January 6 at 11:27 PM
marketwatch.com logoNetflix spreads roots in Hollywood, with lease for more office space (NYSE:HPP)
www.marketwatch.com - January 6 at 6:22 PM
publicnow.com logoHudson Pacific Properties Signs Lease With Netflix To Fully Occupy New CUE Office Building In Hollywood (NYSE:HPP)
www.publicnow.com - January 6 at 6:22 PM
einnews.com logoBRIEF-Hudson Pacific Properties announces underwritten public offering of 18.7 mln shares (NYSE:HPP)
brazilbusiness.einnews.com - January 5 at 6:44 PM
us.rd.yahoo.com logo4:59 pm Hudson Pacific Properties announced offering of 18,673,808 shares of common stock pursuant to an effective shelf registration statement (NYSE:HPP)
us.rd.yahoo.com - January 5 at 1:32 AM
biz.yahoo.com logoHUDSON PACIFIC PROPERTIES, INC. Files SEC form 8-K, Other Events (NYSE:HPP)
us.rd.yahoo.com - January 5 at 1:32 AM
News IconHudson Pacific Properties Announces Primary Offering of Common Stock to Fund Repurchase of Common Units & Secondary Offering ... (NYSE:HPP)
ih.advfn.com - January 4 at 8:30 PM
marketexclusive.com logoAnalyst Activity – Mizuho Reiterates Buy on Hudson Pacific Properties (NYSE:HPP) (NYSE:HPP)
marketexclusive.com - December 24 at 5:27 PM
capitalcube.com logoHudson Pacific Properties, Inc. breached its 50 day moving average in a Bullish Manner : HPP-US : December 19, 2016 (NYSE:HPP)
www.capitalcube.com - December 19 at 11:46 AM
News IconIs Hudson Pacific Properties Inc (HPP) A Good Stock To Buy? (NYSE:HPP)
feedproxy.google.com - December 13 at 1:01 PM
feeds.reuters.com logoBRIEF-Hudson Pacific Properties acquires interest in Page Mill Hill campus to expand presence in Palo Alto (NYSE:HPP)
feeds.reuters.com - December 13 at 10:47 AM
finance.yahoo.com logoHudson Pacific Properties Acquires Interest In Page Mill Hill Campus To Expand Presence in Palo Alto (NYSE:HPP)
finance.yahoo.com - December 13 at 10:39 AM
finance.yahoo.com logoHudson Pacific Properties Declares Fourth Quarter 2016 Dividends (NYSE:HPP)
finance.yahoo.com - December 9 at 10:03 AM
biz.yahoo.com logoHUDSON PACIFIC PROPERTIES, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:HPP)
biz.yahoo.com - November 29 at 4:43 PM
News IconHudson Pacific Properties Announces Pricing of Primary Offering of Common Stock to Fund Repurchase of Common Units & Secondar... (NYSE:HPP)
ih.advfn.com - November 23 at 5:29 PM
publicnow.com logoHudson Pacific Properties Announces Pricing of Primary Offering of Common Stock to Fund Repurchase of Common Units and Secondary Offering of Common Stock by Selling Stockholders (NYSE:HPP)
www.publicnow.com - November 22 at 5:30 PM
publicnow.com logoHudson Pacific Properties Announces Primary Offering of Common Stock to Fund Repurchase of Common Units and Secondary Offering of Common Stock by Selling Stockholders (NYSE:HPP)
www.publicnow.com - November 21 at 5:52 PM
capitalcube.com logoHudson Pacific Properties, Inc. breached its 50 day moving average in a Bullish Manner : HPP-US : November 15, 2016 (NYSE:HPP)
www.capitalcube.com - November 15 at 8:57 AM
marketnewsvideo.com logoHudson Pacific Properties Larger Than S&P 500 Component Transocean (NYSE:HPP)
www.marketnewsvideo.com - November 9 at 11:19 PM
News IconHPP Closes on Marina Corporate Centre Sale (NYSE:HPP)
www.costar.com - November 8 at 4:53 PM
publicnow.com logoHudson Pacific Properties Sells Playa Vista Asset (NYSE:HPP)
www.publicnow.com - November 8 at 4:53 PM
capitalcube.com logoHudson Pacific Properties, Inc. :HPP-US: Earnings Analysis: Q3, 2016 By the Numbers : November 7, 2016 (NYSE:HPP)
www.capitalcube.com - November 7 at 5:47 PM
seekingalpha.com logoHudson Pacific Properties' (HPP) CEO Victor Coleman on Q3 2016 Results - Earnings Call Transcript (NYSE:HPP)
seekingalpha.com - November 4 at 8:01 AM
finance.yahoo.com logoEdited Transcript of HPP earnings conference call or presentation 3-Nov-16 6:00pm GMT (NYSE:HPP)
finance.yahoo.com - November 4 at 8:01 AM

Social

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 declared a quarterly dividend on Friday, December 9th. Investors of record on Monday, December 19th will be paid a dividend of $0.20 per share on Thursday, December 29th. This represents a $0.80 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Thursday, December 15th.

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

9 equities research analysts have issued 1 year price targets for Hudson Pacific Properties' stock. Their predictions range from $30.00 to $40.00. On average, they anticipate Hudson Pacific Properties' stock price to reach $36.94 in the next twelve months.

When will Hudson Pacific Properties announce their earnings?

Hudson Pacific Properties is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

Who owns Hudson Pacific Properties stock?

Hudson Pacific Properties' stock is owned by a number of of retail and institutional investors. Top institutional investors include HPP BREP V Holdco A LLC (11.80%), FMR LLC (9.11%), State Street Corp (3.17%), Dimensional Fund Advisors LP (1.27%), Russell Investments Group Ltd. (1.16%) and Westwood Holdings Group Inc. (0.81%). Company insiders that own Hudson Pacific Properties stock include Barry Alan Porter, Farallon Capital Partners, LP, Harout Krikor Diramerian, Jonathan M Glaser, Real Estate Partner Blackstone, Richard B Fried and Victor J Coleman.

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 Numeric Investors LLC, Renaissance Technologies LLC, Cipher Capital LP, Thrivent Financial for Lutherans, Westwood Holdings Group Inc., Endeavour Capital Advisors Inc., Guggenheim Capital LLC and Investec Asset Management LTD. Company insiders that have sold Hudson Pacific Properties stock in the last year include Real Estate Partner Blackstone and Richard B Fried.

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

Hudson Pacific Properties' stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., Marshall Wace LLP, State Street Corp, Castle Ridge Investment Management LP, Dimensional Fund Advisors LP, Employees Retirement System of Texas and Asset Management One Co. Ltd.. 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.

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 $36.35.

Hudson Pacific Properties (NYSE:HPP) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Hudson Pacific Properties (NYSE:HPP)

Earnings History Chart

Earnings by Quarter for Hudson Pacific Properties (NYSE:HPP)

Dividend History Chart

Dividend Payments by Quarter for Hudson Pacific Properties (NYSE:HPP)

Last Updated on 2/26/2017 by MarketBeat.com Staff