Key Client Fiduciary Advisors LLC Has $91,000 Stock Holdings in Hudson Pacific Properties, Inc. (NYSE:HPP)

Key Client Fiduciary Advisors LLC increased its holdings in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) by 150.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,000 shares of the real estate investment trust’s stock after buying an additional 18,000 shares during the quarter. Key Client Fiduciary Advisors LLC’s holdings in Hudson Pacific Properties were worth $91,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of HPP. Blue Trust Inc. increased its holdings in shares of Hudson Pacific Properties by 549.1% in the 3rd quarter. Blue Trust Inc. now owns 5,926 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 5,013 shares during the period. Venturi Wealth Management LLC acquired a new position in Hudson Pacific Properties in the 3rd quarter valued at approximately $44,000. Stifel Financial Corp purchased a new stake in Hudson Pacific Properties in the 3rd quarter worth approximately $48,000. MQS Management LLC acquired a new position in shares of Hudson Pacific Properties in the third quarter worth $58,000. Finally, Metis Global Partners LLC purchased a new stake in shares of Hudson Pacific Properties during the third quarter worth $66,000. 97.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Hudson Pacific Properties news, CEO Victor J. Coleman bought 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The stock was purchased at an average price of $2.87 per share, for a total transaction of $143,500.00. Following the purchase, the chief executive officer now directly owns 487,451 shares in the company, valued at $1,398,984.37. This trade represents a 11.43 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.95% of the company’s stock.

Hudson Pacific Properties Price Performance

Shares of Hudson Pacific Properties stock opened at $3.15 on Friday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.47. The firm has a fifty day simple moving average of $3.17 and a 200-day simple moving average of $4.31. The stock has a market capitalization of $444.17 million, a price-to-earnings ratio of -1.50 and a beta of 1.30. Hudson Pacific Properties, Inc. has a 1-year low of $2.39 and a 1-year high of $9.06.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Mizuho dropped their target price on Hudson Pacific Properties from $5.00 to $3.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Piper Sandler dropped their price objective on Hudson Pacific Properties from $5.00 to $4.50 and set a “neutral” rating on the stock in a report on Friday, November 15th. Finally, Jefferies Financial Group reduced their target price on shares of Hudson Pacific Properties from $3.70 to $3.00 and set a “hold” rating for the company in a research note on Thursday, January 2nd. Two investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $5.08.

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.