Hudson Pacific Properties Inc (HPP) Position Boosted by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado boosted its holdings in shares of Hudson Pacific Properties Inc (NYSE:HPP) by 306.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,976 shares of the real estate investment trust’s stock after acquiring an additional 15,063 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Hudson Pacific Properties were worth $684,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of HPP. Parametric Portfolio Associates LLC boosted its holdings in Hudson Pacific Properties by 4.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 75,786 shares of the real estate investment trust’s stock valued at $2,591,000 after acquiring an additional 3,325 shares during the period. Royal Bank of Canada boosted its holdings in Hudson Pacific Properties by 60.7% during the 2nd quarter. Royal Bank of Canada now owns 9,386 shares of the real estate investment trust’s stock valued at $321,000 after acquiring an additional 3,544 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in Hudson Pacific Properties by 1.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 17,932 shares of the real estate investment trust’s stock valued at $613,000 after acquiring an additional 336 shares during the period. California State Teachers Retirement System boosted its holdings in Hudson Pacific Properties by 18.9% during the 2nd quarter. California State Teachers Retirement System now owns 286,865 shares of the real estate investment trust’s stock valued at $9,808,000 after acquiring an additional 45,635 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Hudson Pacific Properties during the 2nd quarter valued at $214,000.

Shares of Hudson Pacific Properties Inc (HPP) opened at $30.75 on Monday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $4,817.88, a price-to-earnings ratio of 15.53, a price-to-earnings-growth ratio of 2.67 and a beta of 0.70. Hudson Pacific Properties Inc has a 1 year low of $28.25 and a 1 year high of $36.75.

Hudson Pacific Properties (NYSE:HPP) last issued its earnings results on Thursday, February 15th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.02. The business had revenue of $189.33 million during the quarter, compared to analyst estimates of $189.63 million. Hudson Pacific Properties had a return on equity of 1.81% and a net margin of 10.14%. Hudson Pacific Properties’s revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.46 EPS. equities research analysts predict that Hudson Pacific Properties Inc will post 1.9 earnings per share for the current year.

A number of equities analysts recently issued reports on HPP shares. Sandler O’Neill cut Hudson Pacific Properties from a “buy” rating to a “hold” rating and set a $36.00 price objective for the company. in a report on Friday, January 12th. Zacks Investment Research cut Hudson Pacific Properties from a “hold” rating to a “sell” rating in a report on Wednesday, January 17th. Goldman Sachs Group cut Hudson Pacific Properties from a “buy” rating to a “neutral” rating in a report on Monday, November 20th. Barclays dropped their price objective on Hudson Pacific Properties from $42.00 to $39.00 and set an “overweight” rating for the company in a report on Tuesday, January 30th. Finally, Mizuho restated a “hold” rating and set a $32.00 price objective on shares of Hudson Pacific Properties in a report on Thursday, January 25th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. Hudson Pacific Properties currently has a consensus rating of “Hold” and an average target price of $36.83.

In other Hudson Pacific Properties news, EVP Sanford Dale Shimoda sold 2,800 shares of Hudson Pacific Properties stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $35.68, for a total transaction of $99,904.00. Following the completion of the sale, the executive vice president now directly owns 83,072 shares of the company’s stock, valued at approximately $2,964,008.96. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.33% of the company’s stock.

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Hudson Pacific Properties Profile

Hudson Pacific Properties, Inc is a real estate investment trust (REIT). The Company operates in two segments: office properties, and media and entertainment properties. The Company is focused on acquiring, repositioning, developing and operating office and media and entertainment properties in submarkets throughout Northern and Southern California and the Pacific Northwest.

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Institutional Ownership by Quarter for Hudson Pacific Properties (NYSE:HPP)

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