Market Update: Hudson Pacific Properties Inc (HPP) Sees Positive Movement, Closing at 2.75

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

In the latest session, Hudson Pacific Properties Inc (NYSE: HPP) closed at $2.75 up 3.77% from its previous closing price of $2.65. In other words, the price has increased by $3.77 from its previous closing price. On the day, 3.02 million shares were traded. HPP stock price reached its highest trading level at $2.8299 during the session, while it also had its lowest trading level at $2.65.

Ratios:

For a deeper understanding of Hudson Pacific Properties Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.81. In the meantime, Its Debt-to-Equity ratio is 1.62 whereas as Long-Term Debt/Eq ratio is at 1.36.

On November 12, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $5.50 to $5.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 18 ’24 when COLEMAN VICTOR J bought 50,000 shares for $2.87 per share. The transaction valued at 143,500 led to the insider holds 487,451 shares of the business.

COLEMAN VICTOR J bought 50,000 shares of HPP for $176,500 on Nov 25 ’24. The Chief Executive Officer now owns 437,451 shares after completing the transaction at $3.53 per share. On Sep 20 ’24, another insider, Andrew Wattula, who serves as the Officer of the company, bought 9,356 shares for $5.28 each.

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 398835264 and an Enterprise Value of 5691168256. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.16. Its current Enterprise Value per Revenue stands at 6.818 whereas that against EBITDA is 21.611.

Stock Price History:

The Beta on a monthly basis for HPP is 1.37, which has changed by -0.57231724 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, HPP has reached a high of $6.80, while it has fallen to a 52-week low of $2.39. The 50-Day Moving Average of the stock is -8.19%, while the 200-Day Moving Average is calculated to be -34.16%.

Shares Statistics:

For the past three months, HPP has traded an average of 3.92M shares per day and 2836680 over the past ten days. A total of 141.28M shares are outstanding, with a floating share count of 136.53M. Insiders hold about 3.41% of the company’s shares, while institutions hold 102.84% stake in the company. Shares short for HPP as of 1740700800 were 20374930 with a Short Ratio of 5.20, compared to 1738281600 on 19649249. Therefore, it implies a Short% of Shares Outstanding of 20374930 and a Short% of Float of 23.549999999999997.

Dividends & Splits

According to the company, the forward annual dividend rate for HPP is 0.10, from 0.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0754717The stock’s 5-year Average Dividend Yield is 6.45.

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