Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development. 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. Hudson Pacific is publicly traded on the NYSE under the symbol HPP, and listed as a component of the S&P MidCap 400 Index.
IPO Year: 2010
Exchange: NYSE
Website: hudsonpacificproperties.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/12/2024 | $5.50 → $5.00 | Buy → Hold | Jefferies |
8/14/2024 | Outperform → Peer Perform | Wolfe Research | |
8/8/2024 | $8.00 → $6.00 | Outperform → Market Perform | BMO Capital Markets |
8/8/2024 | $7.00 → $6.00 | Overweight → Neutral | Piper Sandler |
7/10/2024 | $6.00 → $4.25 | Equal-Weight → Underweight | Morgan Stanley |
3/18/2024 | $8.40 | Peer Perform → Outperform | Wolfe Research |
2/20/2024 | $11.00 → $7.50 | Outperform → Neutral | Wedbush |
1/2/2024 | $6.00 → $12.00 | Hold → Buy | Jefferies |
11/30/2023 | $5.50 → $6.25 | Sell → Neutral | Goldman |
11/13/2023 | $5.50 → $4.00 | Neutral → Underperform | BofA Securities |
Hudson Pacific Properties, Inc. (NYSE:HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that its office properties and studio facilities and equipment located in Los Angeles are undamaged and fully operational. "Los Angeles is a city of unmatched innovation, creativity and resilience," said Victor Coleman, Chairman and CEO. "Our employees are safe and our assets unharmed, but the losses suffered by our colleagues, friends, neighbors and the broader community are staggering, and our hearts are with them all. We honor our first responders and are supporting in every possible way to ensure we build our city back even stronger than before.
Hudson Pacific Properties, Inc. (NYSE:HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release fourth quarter financial results after market close on Thursday, February 20, 2025. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The conference call will be available via live audio webcast on the Investors section of the company's website at HudsonPacificProperties.com. A replay of the audio webcast will also be available following the call. About Hudson Pacific Properties Hudson Pacific Properties (NYSE:HPP) is a real estate investment trust serving dynamic tech and
Hudson Pacific Properties, Inc. (NYSE:HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has closed on the sale of a non-core Palo Alto office property, 3176 Porter, for $24.8 million before prorations and closing costs. The company used net proceeds to repay amounts outstanding on its unsecured revolving credit facility. As previously announced, the company also has under contract the sale of a second non-core Palo Alto office property, Foothill Research Center, that is targeted to close in first quarter 2025. "The timely sale of non-core assets at attractive pricing, such as 3176 Porter, once again underscores our team's resou
Hudson Pacific Properties, Inc. (NYSE:HPP) (the "Company"), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared a dividend for the fourth quarter of 2024 on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share, which will be paid on December 30, 2024 to preferred stockholders of record on December 20, 2024. About Hudson Pacific Properties 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. Hu
NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
– Signed 1.6 Million Sq Ft of Office Leases Year to Date with 539,000 Sq Ft in 3Q – – Provides 4Q FFO Outlook and Updated Full-Year Assumptions – Hudson Pacific Properties, Inc. (NYSE:HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the third quarter 2024. "Year to date, we have leased 1.6 million square feet of office space, 25% ahead of this time last year, and following nearly 540,000 square feet signed in the third quarter, our leasing pipeline and touring activity remain strong," commented Victor Coleman, Hudson Pacific's Chairman and CEO. "Growth in w
Hudson Pacific Properties, Inc. (NYSE:HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release third quarter financial results after market close on Tuesday, November 12, 2024. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The conference call will be available via live audio webcast on the Investors section of the company's website at HudsonPacificProperties.com. A replay of the audio webcast will also be available following the call. About Hudson Pacific Properties Hudson Pacific Properties (NYSE:HPP) is a real estate investment trust serving dynamic tech and medi
Hudson Pacific Properties, Inc. (NYSE:HPP) (the "Company"), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors suspended the Company's quarterly dividend on its common stock, commencing with the third quarter dividend that would have been paid in September 2024. Chairman and Chief Executive Officer Victor Coleman said, "Studio demand has recovered more slowly than anticipated following the union strikes and negotiations, and we no longer foresee the need for a distribution in relation to taxable income in 2024. Our Board therefore made the decision to suspend our common stock dividend to preserve capital in an ongoi
– Signed 540,000 Sq Ft of Office Leases – – Provided 3Q 2024 FFO Outlook and Updated Full-Year Assumptions – Hudson Pacific Properties, Inc. (NYSE:HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the second quarter 2024. "With over 500,000 square feet of office leases signed in the second quarter, we have continued to build on our strong start to the year. While still challenging, our west coast office market conditions are gradually improving. We believe our solid leasing execution will continue as we move through the balance of the year given the second qu
Hudson Pacific Properties, Inc. (NYSE:HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release second quarter financial results after market close on Wednesday, August 7, 2024. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day. To participate by telephone, please dial (833) 470-1428 and enter passcode 550142. International callers should dial (404) 975-4839 and enter the same passcode. A live, listen-only webcast and replay can be accessed via the Investors section of the company's website at HudsonPacificProperties.com. About Hudson Pacific Properties Hudson Pacific
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
Hudson Pacific Properties, Inc. (NYSE:HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release fourth quarter financial results after market close on Thursday, February 20, 2025. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The conference call will be available via live audio webcast on the Investors section of the company's website at HudsonPacificProperties.com. A replay of the audio webcast will also be available following the call. About Hudson Pacific Properties Hudson Pacific Properties (NYSE:HPP) is a real estate investment trust serving dynamic tech and
Hudson Pacific Properties, Inc. (NYSE:HPP) (the "Company"), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared a dividend for the fourth quarter of 2024 on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share, which will be paid on December 30, 2024 to preferred stockholders of record on December 20, 2024. About Hudson Pacific Properties 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. Hu
– Signed 1.6 Million Sq Ft of Office Leases Year to Date with 539,000 Sq Ft in 3Q – – Provides 4Q FFO Outlook and Updated Full-Year Assumptions – Hudson Pacific Properties, Inc. (NYSE:HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the third quarter 2024. "Year to date, we have leased 1.6 million square feet of office space, 25% ahead of this time last year, and following nearly 540,000 square feet signed in the third quarter, our leasing pipeline and touring activity remain strong," commented Victor Coleman, Hudson Pacific's Chairman and CEO. "Growth in w
Hudson Pacific Properties, Inc. (NYSE:HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release third quarter financial results after market close on Tuesday, November 12, 2024. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The conference call will be available via live audio webcast on the Investors section of the company's website at HudsonPacificProperties.com. A replay of the audio webcast will also be available following the call. About Hudson Pacific Properties Hudson Pacific Properties (NYSE:HPP) is a real estate investment trust serving dynamic tech and medi
Hudson Pacific Properties, Inc. (NYSE:HPP) (the "Company"), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors suspended the Company's quarterly dividend on its common stock, commencing with the third quarter dividend that would have been paid in September 2024. Chairman and Chief Executive Officer Victor Coleman said, "Studio demand has recovered more slowly than anticipated following the union strikes and negotiations, and we no longer foresee the need for a distribution in relation to taxable income in 2024. Our Board therefore made the decision to suspend our common stock dividend to preserve capital in an ongoi
– Signed 540,000 Sq Ft of Office Leases – – Provided 3Q 2024 FFO Outlook and Updated Full-Year Assumptions – Hudson Pacific Properties, Inc. (NYSE:HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the second quarter 2024. "With over 500,000 square feet of office leases signed in the second quarter, we have continued to build on our strong start to the year. While still challenging, our west coast office market conditions are gradually improving. We believe our solid leasing execution will continue as we move through the balance of the year given the second qu
Hudson Pacific Properties, Inc. (NYSE:HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release second quarter financial results after market close on Wednesday, August 7, 2024. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day. To participate by telephone, please dial (833) 470-1428 and enter passcode 550142. International callers should dial (404) 975-4839 and enter the same passcode. A live, listen-only webcast and replay can be accessed via the Investors section of the company's website at HudsonPacificProperties.com. About Hudson Pacific Properties Hudson Pacific
Hudson Pacific Properties, Inc. (NYSE:HPP) (the "Company"), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared dividends for the second quarter of 2024 on its common stock of $0.05 per share, equivalent to an annual rate of $0.20 per share, and on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share. Both dividends will be paid on June 27, 2024 to stockholders of record on June 17, 2024. About Hudson Pacific Properties Hudson Pacific Properties (NYSE:HPP) is a real estate investment trust serving dynamic tech and media tenants in gl
– 509,000 Square Feet of Leasing Activity – – Purchased Partner's 45% Interest in 1455 Market – – Provides Second Quarter FFO Outlook and Updates Full-Year Assumptions – Hudson Pacific Properties, Inc. (NYSE:HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the first quarter 2024. "Our office leasing momentum accelerated to start off the year, as we signed over 500,000 square feet of leases in the first quarter. Leveraging our well-positioned portfolio and the strength of our platform, our team is executing on leasing even as adverse market conditions persist,
Hudson Pacific Properties, Inc. (NYSE:HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release first quarter financial results after the market closes on Wednesday, May 1, 2024. The company will hold a conference call to discuss the results at 9:00 a.m. PT / 12:00 p.m. ET on Thursday, May 2, 2024. To participate by telephone, please dial (833) 470-1428 and enter passcode 651313. International callers should dial (404) 975-4839 and enter the same passcode. A live, listen-only webcast and replay can be accessed via the Investors section of the company's website at HudsonPacificProperties.com. About Hudson Pacific Properties
Jefferies downgraded Hudson Pacific Properties from Buy to Hold and set a new price target of $5.00 from $5.50 previously
Wolfe Research downgraded Hudson Pacific Properties from Outperform to Peer Perform
BMO Capital Markets downgraded Hudson Pacific Properties from Outperform to Market Perform and set a new price target of $6.00 from $8.00 previously
Piper Sandler downgraded Hudson Pacific Properties from Overweight to Neutral and set a new price target of $6.00 from $7.00 previously
Morgan Stanley downgraded Hudson Pacific Properties from Equal-Weight to Underweight and set a new price target of $4.25 from $6.00 previously
Wolfe Research upgraded Hudson Pacific Properties from Peer Perform to Outperform and set a new price target of $8.40
Wedbush downgraded Hudson Pacific Properties from Outperform to Neutral and set a new price target of $7.50 from $11.00 previously
Jefferies upgraded Hudson Pacific Properties from Hold to Buy and set a new price target of $12.00 from $6.00 previously
Goldman upgraded Hudson Pacific Properties from Sell to Neutral and set a new price target of $6.25 from $5.50 previously
BofA Securities downgraded Hudson Pacific Properties from Neutral to Underperform and set a new price target of $4.00 from $5.50 previously
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4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
4 - Hudson Pacific Properties, Inc. (0001482512) (Issuer)
SCHEDULE 13G - Hudson Pacific Properties, Inc. (0001482512) (Subject)
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NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
Hudson Pacific Properties, Inc. (NYSE:HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Michael Nash has been appointed to the company's Board of Directors effective January 1, 2024. Nash will succeed outgoing board member Richard "Rocky" Fried, who will retire from the company's Board at the end of the year. Nash is the Co-Founder and Chairman of Blackstone Real Estate Debt Strategies. He is a member of the Real Estate Investment Committee for both Blackstone Real Estate Debt Strategies and Blackstone Real Estate Advisors, and he is also Executive Chairman of Blackstone Mortgage Trust, a NYSE listed REIT. Prior to Blackstone, Nas
Hudson Pacific Properties, Inc. (NYSE:HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Robert "Chip" Harris II has been appointed to the company's Board of Directors effective November 8, 2023. Harris succeeds outgoing board member Karen Brodkin. Harris previously served as Chairman of Acacia Research Corporation, a publicly listed company focused on acquiring and operating industrial, healthcare, energy and mature technology businesses. Prior to that, Harris founded and served as President of Entertainment Properties Trust, a publicly listed entertainment, recreation and specialty real estate company. He has also held executive
Hudson Pacific Properties, Inc. (NYSE:HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Barry Sholem has been appointed to the company's Board of Directors effective March 13, 2023. Sholem succeeds outgoing board member Robert Harris II. Sholem is the Founder and Partner of Real Estate for investment advisory firm MSD Partners, L.P., and currently serves as the Chairman and Senior Advisor of Real Estate for BDT & MSD Partners, a merchant bank. He previously served as Chairman of DLJ Real Estate Capital Partners, a real estate fund that he co-founded and that invested in a broad range of real estate-related assets. Prior to that, he
Hudson Pacific Properties, Inc. (the "Company" or "Hudson Pacific") (NYSE:HPP) today announced that entertainment and marketing executive and former White House official Ebs Burnough has been appointed to the company's Board of Directors effective March 17, 2022. Burnough succeeds outgoing board member Barry Porter of Clarity Partners. Burnough serves as Managing Director of Hatch House Media, a UK-based film, television and theatre production company, and as President and Founder of Ebs Burnough Solutions International, a firm that provides clients an interdisciplinary approach to marketing, communications and event production. He is the current Chair of the Sundance Institute Board of Tr
Brent Obleton to enhance and expand Hudson Pacific's policies and initiatives related to diversity, equity and inclusion Hudson Pacific Properties, Inc. (NYSE:HPP) today announced the appointment of Brent Obleton, Ed.D. as Vice President of Diversity and Inclusion. Obleton will be responsible for developing and executing an organizational strategy to advance Hudson Pacific's commitment to diversity, equity and inclusion (DE&I), whether related to the company's internal processes, external relationships or the real estate industry at large. In addition to creating new programs, he will also build upon existing DE&I and belonging efforts at the company, including partnerships to enhance the
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (“Hudson Pacific”) (NYSE: HPP) today announced the hiring of Jeff Stotland as Senior Vice President of Global Studios, and the promotions of Drew Gordon to Executive Vice President of California Office Operations and Andy Wattula to Executive Vice President of Pacific Northwest/Canada Office Operations. The new structure is designed to support a holistic approach to operations across regions and segments as the company prepares for future growth. “Adding a seasoned executive like Jeff Stotland to Hudson Pacific’s leadership is a huge win and he’ll be a tremendous asset as we further expand our studio platform,” said Vi
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) announced today that media and sports executive Karen Brodkin has been appointed to the company’s Board of Directors, effective January 1, 2021. Brodkin has held senior management positions at and advised leading media and entertainment companies throughout her career. She currently serves as Executive Vice President of Content Strategy and Development at Endeavor and Co-Head of WME Sports. In this role, she leads business development and strategy for a range of business areas across the Endeavor portfolio. “Hudson Pacific is thrilled to welcome Karen Brodkin to our Board of Directors,” said Victor Coleman