Dimensional Fund Advisors LP boosted its holdings in Hudson Pacific Properties Inc (NYSE:HPP) by 0.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,465,247 shares of the real estate investment trust’s stock after buying an additional 4,307 shares during the period. Dimensional Fund Advisors LP’s holdings in Hudson Pacific Properties were worth $71,637,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in Hudson Pacific Properties by 36.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 393,743 shares of the real estate investment trust’s stock worth $12,883,000 after purchasing an additional 104,840 shares during the period. Vanguard Group Inc grew its position in Hudson Pacific Properties by 1.1% in the 3rd quarter. Vanguard Group Inc now owns 22,521,075 shares of the real estate investment trust’s stock worth $736,889,000 after purchasing an additional 255,210 shares during the period. Bank of Montreal Can grew its position in Hudson Pacific Properties by 14.6% in the 4th quarter. Bank of Montreal Can now owns 33,181 shares of the real estate investment trust’s stock worth $964,000 after purchasing an additional 4,229 shares during the period. Strs Ohio grew its position in Hudson Pacific Properties by 9.8% in the 4th quarter. Strs Ohio now owns 382,931 shares of the real estate investment trust’s stock worth $11,127,000 after purchasing an additional 34,291 shares during the period. Finally, We Are One Seven LLC bought a new stake in Hudson Pacific Properties in the 4th quarter worth approximately $112,000.

In other news, EVP Christopher James Barton sold 27,756 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $34.67, for a total transaction of $962,300.52. Following the completion of the sale, the executive vice president now owns 89,609 shares of the company’s stock, valued at approximately $3,106,744.03. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Mark T. Lammas sold 56,835 shares of the business’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $34.42, for a total transaction of $1,956,260.70. Following the sale, the chief financial officer now directly owns 256,257 shares of the company’s stock, valued at approximately $8,820,365.94. The disclosure for this sale can be found here. In the last three months, insiders have sold 127,591 shares of company stock valued at $4,427,861. Insiders own 1.95% of the company’s stock.

NYSE:HPP opened at $34.15 on Thursday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.85. Hudson Pacific Properties Inc has a 12 month low of $27.12 and a 12 month high of $36.06. The company has a market capitalization of $5.32 billion, a price-to-earnings ratio of 18.36, a P/E/G ratio of 2.67 and a beta of 0.72.

Hudson Pacific Properties (NYSE:HPP) last posted its earnings results on Thursday, May 2nd. The real estate investment trust reported $0.49 EPS for the quarter, hitting analysts’ consensus estimates of $0.49. Hudson Pacific Properties had a net margin of 1.68% and a return on equity of 0.33%. The business had revenue of $197.39 million during the quarter, compared to the consensus estimate of $194.62 million. During the same quarter in the previous year, the firm posted $0.45 EPS. The firm’s revenue was up 13.4% on a year-over-year basis. On average, sell-side analysts forecast that Hudson Pacific Properties Inc will post 2 earnings per share for the current year.

HPP has been the subject of a number of research analyst reports. Sandler O’Neill raised shares of Hudson Pacific Properties from a “hold” rating to a “buy” rating in a research report on Friday, February 15th. Zacks Investment Research downgraded shares of Hudson Pacific Properties from a “buy” rating to a “hold” rating in a research report on Thursday, May 2nd. Goldman Sachs Group raised shares of Hudson Pacific Properties from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $37.00 to $40.00 in a research report on Monday, March 11th. Finally, TheStreet raised shares of Hudson Pacific Properties from a “c+” rating to a “b” rating in a research report on Thursday, February 14th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Hudson Pacific Properties presently has a consensus rating of “Buy” and an average price target of $38.67.

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Hudson Pacific Properties Profile

Hudson Pacific Properties is a visionary real estate investment trust that owns and operates more than 17 million square feet of marquee office and studio properties. Focused on premier West Coast epicenters of innovation, media and technology, its anchor tenants include Fortune 500 and leading growth companies such as Netflix, Google, Square, Uber, NFL Enterprises and more.

Further Reading: Fundamental Analysis and Individual Investors

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Institutional Ownership by Quarter for Hudson Pacific Properties (NYSE:HPP)

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