Hudson Pacific Properties (NYSE:HPP - Get Free Report) is expected to issue its quarterly earnings data after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $207.95 million for the quarter. Parties that wish to register for the company's conference call can do so using this link.
Hudson Pacific Properties Price Performance
Shares of NYSE HPP traded up $0.05 during midday trading on Tuesday, reaching $2.84. The stock had a trading volume of 692,650 shares, compared to its average volume of 2,663,510. Hudson Pacific Properties has a 12-month low of $2.39 and a 12-month high of $7.20. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market capitalization of $400.39 million, a price-to-earnings ratio of -1.36 and a beta of 1.30. The stock has a 50-day moving average of $2.99 and a 200-day moving average of $4.00.
Analyst Ratings Changes
A number of brokerages recently commented on HPP. Jefferies Financial Group lowered their price target on shares of Hudson Pacific Properties from $3.70 to $3.00 and set a "hold" rating for the company in a report on Thursday, January 2nd. Piper Sandler cut their price target on shares of Hudson Pacific Properties from $5.00 to $4.50 and set a "neutral" rating on the stock in a report on Friday, November 15th. Finally, Mizuho dropped their price objective on Hudson Pacific Properties from $5.00 to $3.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $5.08.
Check Out Our Latest Analysis on HPP
Insider Activity
In related news, CEO Victor J. Coleman acquired 50,000 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was acquired at an average price of $3.53 per share, for a total transaction of $176,500.00. Following the purchase, the chief executive officer now owns 437,451 shares of the company's stock, valued at $1,544,202.03. This represents a 12.90 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.95% of the company's stock.
Hudson Pacific Properties Company Profile
(
Get Free Report)
Hudson Pacific Properties NYSE: HPP is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space.
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