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Monday, June 5, 2023

Hudson Pacific Properties Inc. (NYSE: HPP) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Hudson Pacific Properties Inc. (HPP) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $5.00. The Hudson Pacific Properties Inc. has recorded 29,864 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Hudson Pacific Issues 2022 Corporate Responsibility Report.

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Stocks Info

Hudson Pacific Properties Inc. is listed on the NYSE as a member of the Real Estate sector and is a part of the REIT – Office industry. At the end of the last regular session, the stock closed at $5.00 and fluctuated between $5.1750 as its day high and $4.7000 as its day low. The current market capitalization of Hudson Pacific Properties Inc. is $695.20M. A total of 5.42 million shares were traded on the day, compared to an average of 3.98M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, HPP has seen 4 BUY and 2 SELL insider trades, representing the acquisition of 42,063 and the disposition of 3,995 shares. Over the last 12 months, there were 13 BUYs and 4 SELLs from insiders. Insiders purchased 107,293 shares during that period but sold 12,659.

In the most recent transaction, Suazo Arthur X. bought 10,000 shares of HPP for 5.86 per share on Mar 28. After the transaction, the EVP, Leasing now owns 87,102 company shares. In a previous transaction on Mar 27, Gordon Drew bought 25,000 shares at 5.96 per share. HPP shares that Chief Investment Officer owns now total 116,958.

Among the insiders who bought shares, Diramerian Harout Krikor acquired of 3,975 shares on Mar 20 at a per-share price of $6.27. This resulted in the Chief Financial Officer holding 50,921 shares of HPP after the transaction. In another insider transaction, COLEMAN VICTOR J bought 9,300 shares at $10.63 per share on Dec 06. Company shares held by the Chief Executive Officer now total 615,369.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. HPP’s most recent ex-dividend date was 3/17/2023 when it declared a $0.25 quarterly dividend that was paid in cash on 3/30/2023. Previously, the company paid the dividend on 12/29/2022 with an ex-dividend date of 12/16/2022. The HPP stock dividend was $0.25 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for HPP in the last 3 months, the mean price target is $6.55 with high estimates of $10.00 and low estimates of $4.00. In terms of 52-week highs and lows, HPP has a high of $20.34 and a low of $4.08.

As of this writing, HPP has an earnings estimate of -$0.15 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.08 per share and a lower estimate of -$0.27. The company reported an EPS of -$0.09 in the last quarter, which was -800.00% lower than expectations of -$0.01.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. HPP’s latest balance sheet shows that the firm has $225.88M in Cash & Short Term Investments as of fiscal 2021. There were $4.22B in debt and $304.86M in liabilities at the time. Its Book Value Per Share was $20.06, while its Total Shareholder’s Equity was $4.33B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HPP is Buy with a score of 2.69.

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