The stock of Hudson Pacific Properties Inc (NYSE:HPP) last traded at $3.97, down -5.70% from the previous session.
HPP stock price is now -14.04% away from the 50-day moving average and -27.03% away from the 200-day moving average. The market capitalization of the company currently stands at $575.29M.
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With the price target reduced from $5.50 to $5, Jefferies Downgraded its rating from Buy to Hold for Hudson Pacific Properties Inc (NYSE: HPP). , while ‘Piper Sandler’ rates the stock as ‘Neutral’
In other news, Andrew Wattula, Officer bought 9,356 shares of the company’s stock on Sep 20 ’24. The stock was bought for $49,400 at an average price of $5.28. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 20 ’24, Chief Operating Officer Wattula Andy sold 9,356 shares of the business’s stock. A total of $49,400 was realized by selling the stock at an average price of $5.28. This leaves the insider owning 61,068 shares of the company worth $0.24 million. A total of 2.86% of the company’s stock is owned by insiders.
During the past 12 months, Hudson Pacific Properties Inc has had a low of $4.04 and a high of $9.85. The fifty day moving average price for HPP is $4.6186 and a two-hundred day moving average price translates $5.4403 for the stock.
The latest earnings results from Hudson Pacific Properties Inc (NYSE: HPP) was released for 2024-09-30. The net profit margin was -34.59% and return on equity was -8.81% for HPP. The company reported revenue of $200.39 million for the quarter, compared to $231.44 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -13.42 percent.
