In yesterday’s Wall Street session, Hudson Pacific Properties Inc (NYSE:HPP) shares traded at $3.03, down -0.33% from the previous session.
HPP stock price is now -20.71% away from the 50-day moving average and -38.57% away from the 200-day moving average. The market capitalization of the company currently stands at $439.08M.
With the price target reduced from $5.50 to $5, Jefferies Downgraded its rating from Buy to Hold for Hudson Pacific Properties Inc (NYSE: HPP). , while ‘Piper Sandler’ rates the stock as ‘Neutral’
In other news, COLEMAN VICTOR J, Chief Executive Officer bought 50,000 shares of the company’s stock on Dec 18 ’24. The stock was bought for $143,500 at an average price of $2.87. Upon completion of the transaction, the Chief Executive Officer now directly owns 487,451 shares in the company, valued at $1.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, Chief Executive Officer COLEMAN VICTOR J bought 50,000 shares of the business’s stock. A total of $176,500 was incurred on buying the stock at an average price of $3.53. This leaves the insider owning 437,451 shares of the company worth $1.33 million. A total of 2.91% of the company’s stock is owned by insiders.
During the past 12 months, Hudson Pacific Properties Inc has had a low of $2.39 and a high of $9.85. The fifty day moving average price for HPP is $3.8526 and a two-hundred day moving average price translates $4.9499 for the stock.
The latest earnings results from Hudson Pacific Properties Inc (NYSE: HPP) was released for 2024-09-30. The net profit margin was -34.57% and return on equity was -8.81% for HPP. The company reported revenue of $200.39 million for the quarter, compared to $231.44 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -13.42 percent.
