Trading Day Review: Hudson Pacific Properties Inc (HPP) Gains Momentum, Closing at 4.25

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The price of Hudson Pacific Properties Inc (NYSE: HPP) closed at $4.25 in the last session, up 3.41% from day before closing price of $4.11. In other words, the price has increased by $3.41 from its previous closing price. On the day, 1.76 million shares were traded. HPP stock price reached its highest trading level at $4.42 during the session, while it also had its lowest trading level at $4.11.

Ratios:

We take a closer look at HPP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.50. In the meantime, Its Debt-to-Equity ratio is 1.47 whereas as Long-Term Debt/Eq ratio is at 1.47.

Upgrades & Downgrades

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 20 ’24 when Andrew Wattula bought 9,356 shares for $5.28 per share.

Wattula Andy sold 9,356 shares of HPP for $49,400 on Sep 20 ’24. The Chief Operating Officer now owns 61,068 shares after completing the transaction at $5.28 per share. On Aug 30 ’24, another insider, GLASER JONATHAN M, who serves as the Director of the company, sold 9,287 shares for $5.20 each. As a result, the insider received 48,292 and left with 3,713 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 615867520 and an Enterprise Value of 5819557888. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 0.22. Its current Enterprise Value per Revenue stands at 6.604 whereas that against EBITDA is 18.592.

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 $4.11. The 50-Day Moving Average of the stock is -10.70%, while the 200-Day Moving Average is calculated to be -24.32%.

Shares Statistics:

According to the various share statistics, HPP traded on average about 2.31M shares per day over the past 3-months and 1969380 shares per day over the past 10 days. A total of 141.03M shares are outstanding, with a floating share count of 137.19M. Insiders hold about 2.86% of the company’s shares, while institutions hold 105.38% stake in the company. Shares short for HPP as of 1728950400 were 23616994 with a Short Ratio of 10.24, compared to 1726185600 on 23313710. Therefore, it implies a Short% of Shares Outstanding of 23616994 and a Short% of Float of 27.33.

Dividends & Splits

The forward annual dividend rate for HPP is 0.10, which was 0.1 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0243309The stock’s 5-year Average Dividend Yield is 6.44.

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