Hudson Pacific Properties Inc (NYSE:HPP) has a beta value of 1.33 and has seen 2.59 million shares traded in the last trading session. The company, currently valued at $423.84M, closed the last trade at $2.92 per share which meant it lost -$0.03 on the day or -1.02% during that session. The HPP stock price is -128.42% off its 52-week high price of $6.67 and 18.15% above the 52-week low of $2.39. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.82 million shares traded. The 3-month trading volume is 2.80 million shares.
The consensus among analysts is that Hudson Pacific Properties Inc (HPP) is Hold stock at the moment, with a recommendation rating of 2.67. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 9 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Hudson Pacific Properties Inc (NYSE:HPP) trade information
Over the past 30 days, the shares of Hudson Pacific Properties Inc (NYSE:HPP) have changed -5.81%. Short interest in the company has seen 18.2 million shares shorted with days to cover at 6.32.
Wall Street analysts have a consensus price target for the stock at $6.85, which means that the shares’ value could jump 57.37% from current levels. The projected low price target is $2.7 while the price target rests at a high of $11.0. In that case, then, we find that the current price level is -276.71% off the targeted high while a plunge would see the stock lose 7.53% from current levels.
Hudson Pacific Properties Inc (HPP) estimates and forecasts
The company’s shares have lost -37.74% over the past 6 months.
Earnings growth for 2025 is a modest 38.11% while over the next 5 years, the company’s earnings are expected to increase by 21.25%.
HPP Dividends
Hudson Pacific Properties Inc is expected to release its next earnings report on 2025-Feb-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.05 at a share yield of 1.71%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 6.44%.
Hudson Pacific Properties Inc (NYSE:HPP)’s Major holders
Insiders own 3.38% of the company shares, while shares held by institutions stand at 105.73% with a share float percentage of 109.42%. Investors are also buoyed by the number of investors in a company, with Hudson Pacific Properties Inc having a total of 307.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 27.23 million shares worth more than $130.97 million. As of 2024-06-30, BLACKROCK INC. held 19.2859% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 21.04 million shares as of 2024-06-30. The firm’s total holdings are worth over $101.22 million and represent 14.9112% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Oct 31, 2024 , the former fund manager holds about 3.54% shares in the company for having 5.01 shares of worth $14.63 million while later fund manager owns 4.45 shares of worth $12.98 million as of Dec 31, 2024 , which makes it owner of about 3.14% of company’s outstanding stock.
