Hudson Pacific Properties Inc (NYSE:HPP) marked $5.46 per share on Monday, down from a previous closing price of $5.49. While Hudson Pacific Properties Inc has underperformed by -0.55%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, HPP fell by -49.16%, with highs and lows ranging from $12.23 to $4.05, whereas the simple moving average fell by -11.45% in the last 200 days.
On November 13, 2023, BofA Securities Downgraded Hudson Pacific Properties Inc (NYSE: HPP) to Underperform.
Analysis of Hudson Pacific Properties Inc (HPP)
HPP currently pays a dividend of $0.39 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -11.13%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Hudson Pacific Properties Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -2.61% is sufficient for you to turn a profit off your investment.
An average volume of 3.85M can be a very valuable indicator of volatility for HPP stock. On a monthly basis, the volatility of the stock is set at 6.48%, whereas on a weekly basis, it is put at 5.29%, with a gain of 9.86% over the past seven days. Furthermore, long-term investors anticipate a median target price of $6.71, showing growth from the present price of $5.46, which can serve as yet another indication of whether HPP is worth investing in or should be passed over.
How Do You Analyze Hudson Pacific Properties Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.74%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 120.20% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in HPP shares?
The recent increase in stakes in HPP appears to be a result of several institutional investors and hedge funds increasing their positions. BlackRock Fund Advisors’s position in HPP has increased by 14.57% in the first quarter. The company now owns 21,574,830 shares of the stock, with a value of $96.22 million, following the purchase of 2,743,528 additional shares during the last quarter. The Vanguard Group, Inc. made another decreased to its shares in HPP during the first quarter, downing its stake by -0.76%. During the last quarter, the company picked up -161,878 additional shares for a total stake of worth $94.65 million, bringing number of shares owned by the company to 21,221,326.
During the first quarter, Norges Bank Investment Management added a 250,924 position in HPP. SSgA Funds Management, Inc. sold an additional 19963.0 shares in the last quarter, decreasing its holdings by -0.22%, now holding 9.14 million shares worth $40.78 million. At the end of the first quarter, Alyeska Investment Group LP increased its HPP holdings by 10,284.75% and now holds 5.97 million HPP shares valued at $26.62 million with the added 5.91 million shares during the period. HPP shares are owned by institutional investors to the tune of 120.20% at present.