Hudson Pacific Properties, Inc. (NYSE:HPP) insider Richard B. Fried sold 17,417 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $34.66, for a total value of $603,673.22. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of Hudson Pacific Properties, Inc. (NYSE HPP) traded up $0.24 during mid-day trading on Thursday, hitting $35.27. The company had a trading volume of 267,565 shares, compared to its average volume of 898,310. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.32 and a quick ratio of 1.40. Hudson Pacific Properties, Inc. has a 1-year low of $31.52 and a 1-year high of $36.75. The company has a market cap of $5,434.04, a P/E ratio of 18.14, a price-to-earnings-growth ratio of 3.11 and a beta of 0.77.

Hudson Pacific Properties (NYSE:HPP) last issued its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.50 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.50. Hudson Pacific Properties had a return on equity of 1.58% and a net margin of 8.98%. The business had revenue of $190.02 million for the quarter, compared to the consensus estimate of $183.37 million. During the same period last year, the business earned $0.46 EPS. The firm’s revenue was up 15.5% compared to the same quarter last year. sell-side analysts predict that Hudson Pacific Properties, Inc. will post 1.96 earnings per share for the current fiscal year.

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Several hedge funds have recently modified their holdings of the stock. Principal Financial Group Inc. raised its stake in shares of Hudson Pacific Properties by 13.6% in the 3rd quarter. Principal Financial Group Inc. now owns 6,125,974 shares of the real estate investment trust’s stock valued at $205,403,000 after acquiring an additional 734,232 shares in the last quarter. Cbre Clarion Securities LLC raised its stake in shares of Hudson Pacific Properties by 14.1% in the 2nd quarter. Cbre Clarion Securities LLC now owns 5,416,970 shares of the real estate investment trust’s stock valued at $185,206,000 after acquiring an additional 668,985 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Hudson Pacific Properties by 5.5% in the 2nd quarter. Daiwa Securities Group Inc. now owns 4,823,818 shares of the real estate investment trust’s stock valued at $164,927,000 after acquiring an additional 250,080 shares in the last quarter. Brookfield Asset Management Inc. raised its stake in shares of Hudson Pacific Properties by 11.3% in the 2nd quarter. Brookfield Asset Management Inc. now owns 4,669,148 shares of the real estate investment trust’s stock valued at $159,638,000 after acquiring an additional 473,154 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Hudson Pacific Properties by 16.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 4,334,280 shares of the real estate investment trust’s stock valued at $148,189,000 after acquiring an additional 604,944 shares in the last quarter.

HPP has been the subject of a number of recent research reports. Barclays PLC raised their price target on Hudson Pacific Properties from $40.00 to $41.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 15th. KeyCorp reaffirmed a “buy” rating and set a $39.00 price target on shares of Hudson Pacific Properties in a research note on Friday, August 25th. BidaskClub downgraded Hudson Pacific Properties from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. Goldman Sachs Group, Inc. (The) initiated coverage on Hudson Pacific Properties in a research note on Tuesday, September 19th. They set a “buy” rating and a $39.00 price target for the company. Finally, Zacks Investment Research raised Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research note on Monday. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. Hudson Pacific Properties currently has an average rating of “Hold” and an average price target of $37.79.

Hudson Pacific Properties Company Profile

Hudson 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.

Insider Buying and Selling by Quarter for Hudson Pacific Properties (NYSE:HPP)

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