Closing Figures: Hudson Pacific Properties Inc (HPP)’s Positive Finish at 5.07, Up 1.00

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After finishing at $5.02 in the prior trading day, Hudson Pacific Properties Inc (NYSE: HPP) closed at $5.07, up 1.00%. In other words, the price has increased by $1.00 from its previous closing price. On the day, 1.6 million shares were traded. HPP stock price reached its highest trading level at $5.2 during the session, while it also had its lowest trading level at $4.9802.

Ratios:

Our goal is to gain a better understanding of HPP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.27. In the meantime, Its Debt-to-Equity ratio is 1.47 whereas as Long-Term Debt/Eq ratio is at 1.47.

On August 08, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $7 to $6.

BMO Capital Markets Downgraded its Outperform to Market Perform on August 08, 2024, whereas the target price for the stock was revised from $8 to $6.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 30 ’24 when GLASER JONATHAN M sold 9,287 shares for $5.20 per share. The transaction valued at 48,292 led to the insider holds 3,713 shares of the business.

Barton Christopher James bought 4,132 shares of HPP for $19,958 on May 31 ’24. The EVP,Development & Capital Inv now owns 60,358 shares after completing the transaction at $4.83 per share. On May 30 ’24, another insider, Jaffe Steven M., who serves as the EVP, Business Affairs of the company, bought 5,295 shares for $4.71 each. As a result, the insider paid 24,939 and bolstered with 36,561 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HPP now has a Market Capitalization of 734693696 and an Enterprise Value of 5928161280. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 6.727 whereas that against EBITDA is 18.939.

Stock Price History:

Over the past 52 weeks, HPP has reached a high of $9.85, while it has fallen to a 52-week low of $4.26. The 50-Day Moving Average of the stock is -2.31%, while the 200-Day Moving Average is calculated to be -19.53%.

Shares Statistics:

The stock has traded on average 2.24M shares per day over the past 3-months and 1934730 shares per day over the last 10 days, according to various share statistics. A total of 141.03M shares are outstanding, with a floating share count of 137.17M. Insiders hold about 2.88% of the company’s shares, while institutions hold 106.98% stake in the company. Shares short for HPP as of 1723680000 were 24380069 with a Short Ratio of 10.87, compared to 1721001600 on 21638770. Therefore, it implies a Short% of Shares Outstanding of 24380069 and a Short% of Float of 28.21.

Dividends & Splits

In the trailing 12 months, HPP’s forward annual dividend rate was 0.1, compared to 0.10 this year. Against a Trailing Annual Dividend Yield of 0.01992032The stock’s 5-year Average Dividend Yield is 6.46.

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