For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Hudson Pacific Properties Inc (NYSE: HPP) closed the day trading at $5.43 down -1.45% from the previous closing price of $5.51. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 1.88 million shares were traded. HPP stock price reached its highest trading level at $5.72 during the session, while it also had its lowest trading level at $5.41.
Ratios:
For a better understanding of HPP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.89. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.42.
On February 20, 2024, Wedbush Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $11 to $7.50.
Jefferies Upgraded its Hold to Buy on January 02, 2024, whereas the target price for the stock was revised from $6 to $12.
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 Feb 22 ’24 when SHOLEM BARRY A bought 40,000 shares for $6.69 per share. The transaction valued at 267,600 led to the insider holds 110,176 shares of the business.
SHOLEM BARRY A bought 40,000 shares of HPP for $267,600 on Feb 21 ’24. The Director now owns 70,176 shares after completing the transaction at $6.69 per share. On Feb 16 ’24, another insider, Gordon Drew, who serves as the Chief Investment Officer of the company, sold 10,000 shares for $7.11 each. As a result, the insider received 71,118 and left with 116,694 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 793192640 and an Enterprise Value of 5816179200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at 6.39 whereas that against EBITDA is 16.783.
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 $3.98. The 50-Day Moving Average of the stock is -12.91%, while the 200-Day Moving Average is calculated to be -18.43%.
Shares Statistics:
Over the past 3-months, HPP traded about 2.52M shares per day on average, while over the past 10 days, HPP traded about 2887760 shares per day. A total of 141.03M shares are outstanding, with a floating share count of 136.21M. Insiders hold about 3.47% of the company’s shares, while institutions hold 110.21% stake in the company. Shares short for HPP as of 1713139200 were 22165161 with a Short Ratio of 8.79, compared to 1710460800 on 20906960. Therefore, it implies a Short% of Shares Outstanding of 22165161 and a Short% of Float of 25.679999999999996.
Dividends & Splits
HPP’s forward annual dividend rate is 0.17, up from 0.175 a year ago. Against a Trailing Annual Dividend Yield of 0.031760436The stock’s 5-year Average Dividend Yield is 6.46.
