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 6,823 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
32% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 28
3% more funds holding
Funds holding: 239 [Q2] → 247 (+8) [Q3]
1% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 88
3% less capital invested
Capital invested by funds: $729M [Q2] → $708M (-$21.3M) [Q3]
3.02% less ownership
Funds ownership: 107.99% [Q2] → 104.97% (-3.02%) [Q3]
13% less call options, than puts
Call options by funds: $5.17M | Put options by funds: $5.96M
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$3
4%
downside
Avg. target
$3.50
11%
upside
High target
$4.50
43%
upside
3 analyst ratings
0 positive
0%
3 neutral
100%
0 negative
0%
Mizuho Vikram Malhotra 75% 1-year accuracy 6 / 8 met price target | 4%downside $3 | Neutral Maintained | 7 Jan 2025 |
Jefferies Peter Abramowitz 38% 1-year accuracy 5 / 13 met price target | 4%downside $3 | Hold Maintained | 2 Jan 2025 |
Piper Sandler Alexander Goldfarb 49% 1-year accuracy 20 / 41 met price target | 43%upside $4.50 | Neutral Maintained | 15 Nov 2024 |
Financial journalist opinion
Based on 5 articles about HPP published over the past 30 days
Neutral
Seeking Alpha
1 day 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.
Neutral
Business Wire
5 days ago
Hudson Pacific Provides Portfolio Update Related to Los Angeles Wildfires
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 its office properties and studio facilities and equipment located in Los Angeles are undamaged and fully operational. “Los Angeles is a city of unmatched innovation, creativity and resilience,” said Victor Coleman, Chairman and CEO. “Our employees are safe and our assets unharmed, but the losses suffered by our colleagu.
Neutral
Seeking Alpha
1 week ago
Fire And Ice
US equity markets tumbled this week while benchmark interest rates surged to the cusp of multi-decade highs after a critical slate of employment data showed surprisingly buoyant labor market trends. Prompting a hawkish re-think of Fed policy expectations, inflation worries were further inflamed by surging energy prices amid frigid temperatures across the Central and East, while L.A. battled destructive wildfires. Real estate equities - the most rate-sensitive sector - were significant laggards this week as rate cut expectations soured, with REITs extending their year-end slide into early 2025.
Neutral
Business Wire
1 week ago
Hudson Pacific Properties Announces Date for Fourth Quarter Earnings Release and Conference Call
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, today announced it will release fourth quarter financial results after market close on Thursday, February 20, 2025. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The conference call will be available via live audio webcast on the Investors section of the company's website at Huds.
Neutral
CNBC Television
3 weeks ago
PMG CEO Kevin Maloney on the state of commercial real estate
Kevin Maloney, founder and CEO at PMG, joins CNBC's ‘The Exchange' to discuss his 2025 commercial real estate outlooks, top real estate trends to watch, and more.
Neutral
Seeking Alpha
1 month ago
Fed Ahead
Ahead of the Federal Reserve's critical interest rate decision next week, U.S. equity markets snapped a three-week winning streak as benchmark interest rates jumped to the cusp of five-month highs. Lukewarm CPI and PPI inflation reports were "good enough" to solidify another Fed rate cut next week, but "sticky" trends called into question the outlook for continued easing in 2025. After setting a series of fresh record-highs in the prior week, the S&P 500 slipped 0.6% this week, but still remains on pace for its best year since 2019.
Negative
Seeking Alpha
1 month ago
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office REITs reported quarter-over-quarter declines during the third quarter, while eight recorded gains. US office REIT stocks outperformed the Dow Jones Equity All REIT Index during the third quarter as well as the S&P 500.
Neutral
Business Wire
1 month ago
Hudson Pacific Completes Sale of Palo Alto 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 Palo Alto office property, 3176 Porter, for $24.8 million before prorations and closing costs. The company used net proceeds to repay amounts outstanding on its unsecured revolving credit facility. As previously announced, the company also has under contract the sale of a second n.
Neutral
Business Wire
1 month ago
Hudson Pacific Properties Declares Fourth Quarter 2024 Preferred Stock Dividend
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 that its Board of Directors has declared a dividend for the fourth quarter of 2024 on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share, which will be paid on December 30, 2024 to preferred stockholders of record on December 20, 2024. Abo.
Neutral
PRNewsWire
1 month ago
Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range.
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