HPP
Hudson Pacific PropertiesHPP
HPP
About: Hudson Pacific Properties Inc is a real estate investment trust that acquires, operates, and owns office buildings and media and entertainment properties, such as sound stages, on America's West Coast. The company focuses on developed, urban markets in Northern California, Southern California, and the Pacific Northwest. In terms of total square footage, the vast majority of Hudson Pacific's real estate portfolio is composed of office properties located in the Greater Seattle, San Francisco, and Los Angeles areas. The company operates in two reportable segments; office properties & related operations; and studio properties & related operations. The majority of revenue is derived from the office properties & related operations segment.
Employees: 758
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
110% more call options, than puts
Call options by funds: $5.81M | Put options by funds: $2.77M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
2.72% less ownership
Funds ownership: 104.97% [Q3] → 102.25% (-2.72%) [Q4]
9% less funds holding
Funds holding: 247 [Q3] → 226 (-21) [Q4]
11% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 76
26% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 66
38% less capital invested
Capital invested by funds: $708M [Q3] → $438M (-$271M) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$3
0%
upside
Avg. target
$3
0%
upside
High target
$3
0%
upside
3 analyst ratings
0 positive
0%
3 neutral
100%
0 negative
0%
Scotiabank Nicholas Yulico 51% 1-year accuracy 19 / 37 met price target | 0%upside $3 | Sector Perform Maintained | 18 Feb 2025 |
Mizuho Vikram Malhotra 63% 1-year accuracy 5 / 8 met price target | 0%upside $3 | Neutral Maintained | 7 Jan 2025 |
Jefferies Peter Abramowitz 33% 1-year accuracy 4 / 12 met price target | 0%upside $3 | Hold Maintained | 2 Jan 2025 |
Financial journalist opinion
Based on 9 articles about HPP published over the past 30 days
Negative
Seeking Alpha
1 day ago
Hudson Pacific Properties: Stick A Fork In It
Hudson Pacific Properties Inc. reported Q4-2024 results and showed a big drop in NOI for the year. Q4-2024 results show a drop in FFO to 11 cents and AFFO to 2 cents per share, with debt to EBITDA rising to 11.1X. Guidance for 2025 indicates another massive decline in same property NOI.
Neutral
Seeking Alpha
1 day ago
Hudson Pacific Properties, Inc. (HPP) Q4 2024 Earnings Call Transcript
Hudson Pacific Properties, Inc. (NYSE:HPP ) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Laura Campbell - Executive Vice President, Investor Relations & Marketing Victor Coleman - Chairman & Chief Executive Officer Mark Lammas - President Harout Diramerian - Chief Financial Officer Art Suazo - Executive Vice President, Leasing Conference Call Participants Tom Catherwood - BTIG Michael Griffin - Citi Blaine Heck - Wells Fargo Connor Mitchell - Piper Sandler Ronald Kamdem - Morgan Stanley Caitlin Burrows - Goldman Sachs Dylan Burzinski - Green Street Rich Anderson - Wedbush John Kim - BMO Capital Markets Operator Good afternoon. My name is Cameron and I will be your conference operator today.
Positive
Zacks Investment Research
1 day ago
Hudson Pacific (HPP) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Hudson Pacific (HPP) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 day ago
Hudson Pacific Properties (HPP) Q4 FFO and Revenues Beat Estimates
Hudson Pacific Properties (HPP) came out with quarterly funds from operations (FFO) of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to FFO of $0.14 per share a year ago.
Neutral
Business Wire
1 day ago
Hudson Pacific Properties Reports Fourth Quarter 2024 Financial Results
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced financial results for the fourth quarter 2024. Victor Coleman, Chairman and CEO, stated, "In 2024, we ended the year with office leasing nearly 20% higher compared to the prior year, comprised of more than 2.0 million square feet of activity. Importantly, our leasing pipeline is cu.
Positive
Zacks Investment Research
4 days ago
Unlocking Q4 Potential of Hudson Pacific (HPP): Exploring Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Hudson Pacific (HPP), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Positive
Seeking Alpha
2 weeks ago
Hudson Pacific: Buying Opportunity After Stock Retraced
Hudson Pacific Properties has secured agreements with major corporations like Google and Amazon, indicating strong potential for future deals and positive cash flow growth. Despite recent earnings misses, HPP's diversified high-barrier market strategy and asset sales are expected to reduce debt and enhance stock value. The company's share repurchase program and significant asset sales could lead to higher stock valuations, making HPP an attractive buy.
Neutral
Business Wire
3 weeks ago
Hudson Pacific Properties Announces 2024 Dividend Tax Treatment
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company"), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the tax treatment for its 2024 common stock and preferred stock dividends. The Company's dividends related to its common stock (CUSIP #444097109) will be classified for United States federal income tax purposes as follows: Ordinary Dividends Record Date Payment Date Distribution Per Share Total No.
Neutral
Business Wire
4 weeks ago
Hudson Pacific Sells Los Angeles Office Property
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has closed on the sale of a non-core office property, Maxwell, located in the Los Angeles Arts District, for $46.0 million before prorations and closing costs. The company used net proceeds to repay amounts outstanding on its unsecured revolving credit facility. Inclusive of its Foothill Research Center office proper.
Neutral
Seeking Alpha
1 month ago
The End Of An Era
U.S. equity and bond markets posted their best week since the November election, as benchmark interest rates tumbled after inflation data showed surprisingly muted pressures in December. Closing the books on the Biden era, the Trump Administration assumes the reins next week of a U.S. economy that has seemingly "held it together" through a myriad of headwinds. The worst four years of inflation and the first decline in "real" consumer incomes since the late 1970s paradoxically coincided with a robust period of job growth and historically low unemployment.
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