In the last trading session, 10.16 million Hudson Pacific Properties Inc (NYSE:HPP) shares changed hands as the company’s beta touched 1.59. With the company’s per share price at $2.74 changed hands at $0.0 or 0.00% during last session, the market valuation stood at $941.63M. HPP’s last price was a discount, traded about -129.2% off its 52-week high of $6.28. The share price had its 52-week low at $1.78, which suggests the last value was 35.04% up since then. When we look at Hudson Pacific Properties Inc’s average trading volume, we note the 10-day average is 13.18 million shares, with the 3-month average coming to 6.35 million.
Analysts gave the Hudson Pacific Properties Inc (HPP) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.50. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended HPP as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
Hudson Pacific Properties Inc (NYSE:HPP) trade information
The company’s shares are showing year-to-date downside of -42.92%, with the 5-day performance at 0.74% in the green. However, in the 30-day time frame, Hudson Pacific Properties Inc (NYSE:HPP) is 47.31% up. Looking at the short shares, we see there were 21.41 million shares sold at short interest cover period of 3.33 days.
The consensus price target for the stock as assigned by Wall Street analysts is 2.7, meaning bulls need a downside of -1.48% from its current market value. According to analyst projections, HPP’s forecast low is 1.75 with 8 as the target high. To hit the forecast high, the stock’s price needs a -191.97% plunge from its current level, while the stock would need to tank 36.13% for it to hit the projected low.
The 2025 estimates are for Hudson Pacific Properties Inc earnings to increase by 44.32%, but the outlook for the next 5-year period is at 26.25% per year.
HPP Dividends
Hudson Pacific Properties Inc is expected to release its next quarterly earnings report on 2025-May-07. During the past 5 years, the average dividend yield was 6.35 per year.
Hudson Pacific Properties Inc (NYSE:HPP)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.57% of Hudson Pacific Properties Inc shares while 38.43% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 39.04%. There are 38.43% institutions holding the Hudson Pacific Properties Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 19.2859% of the shares, roughly 27.23 million HPP shares worth $130.97 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 14.905% or 21.04 million shares worth $101.22 million as of 2024-06-30.
