Hudson Pacific Properties, Inc. (NYSE:HPP) Shares Acquired by Key Client Fiduciary Advisors LLC

Key Client Fiduciary Advisors LLC boosted its stake in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) by 150.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,000 shares of the real estate investment trust’s stock after purchasing an additional 18,000 shares during the quarter. Key Client Fiduciary Advisors LLC’s holdings in Hudson Pacific Properties were worth $91,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in HPP. Inspire Investing LLC boosted its holdings in shares of Hudson Pacific Properties by 60.0% during the fourth quarter. Inspire Investing LLC now owns 139,232 shares of the real estate investment trust’s stock valued at $422,000 after acquiring an additional 52,237 shares during the period. Mutual Advisors LLC bought a new stake in Hudson Pacific Properties in the 4th quarter valued at about $44,000. Mechanics Bank Trust Department acquired a new position in Hudson Pacific Properties during the 4th quarter valued at about $60,000. Green Alpha Advisors LLC grew its position in Hudson Pacific Properties by 77.7% in the 4th quarter. Green Alpha Advisors LLC now owns 521,592 shares of the real estate investment trust’s stock worth $1,580,000 after purchasing an additional 228,079 shares during the last quarter. Finally, Barclays PLC increased its stake in shares of Hudson Pacific Properties by 120.9% in the third quarter. Barclays PLC now owns 244,222 shares of the real estate investment trust’s stock valued at $1,168,000 after purchasing an additional 133,673 shares during the period. 97.58% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Hudson Pacific Properties

In related news, CEO Victor J. Coleman purchased 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The stock was acquired at an average price of $2.87 per share, for a total transaction of $143,500.00. Following the transaction, the chief executive officer now directly owns 487,451 shares of the company’s stock, valued at $1,398,984.37. This trade represents a 11.43 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.95% of the stock is owned by corporate insiders.

Analyst Ratings Changes

HPP has been the subject of several analyst reports. Piper Sandler reduced their price objective on Hudson Pacific Properties from $5.00 to $4.50 and set a “neutral” rating for the company in a research report on Friday, November 15th. Jefferies Financial Group cut their price objective on shares of Hudson Pacific Properties from $3.70 to $3.00 and set a “hold” rating on the stock in a research note on Thursday, January 2nd. Finally, Mizuho decreased their target price on shares of Hudson Pacific Properties from $5.00 to $3.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to MarketBeat, Hudson Pacific Properties presently has an average rating of “Hold” and a consensus target price of $5.08.

Hudson Pacific Properties Stock Up 0.2 %

NYSE HPP opened at $3.15 on Friday. Hudson Pacific Properties, Inc. has a 12 month low of $2.39 and a 12 month high of $9.06. The company has a market capitalization of $444.17 million, a P/E ratio of -1.50 and a beta of 1.30. The company’s 50 day simple moving average is $3.17 and its 200 day simple moving average is $4.31. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.26 and a quick ratio of 1.26.

Hudson Pacific Properties Company Profile

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space.