Hudson Pacific Properties, Inc. (HPP): Jonathan M Glaser , director of Hudson Pacific Properties, Inc. purchased 15,000 shares on May 17, 2016. The Insider buying transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $28.24 per share for a total value of $423,600.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, Jonathan M Glaser (director) purchased 35,500 shares at $28.72 per share price.On Aug 20, 2015, Harout Krikor Diramerian (Chief Accounting Officer) sold 4,885 shares at $31.63 per share price.
Hudson Pacific Properties Inc: On Monday, May 16, 2016 heightened volatility was witnessed in Hudson Pacific Properties Inc which led to swings in the share price. The shares opened for trading at $28.47 and hit $28.94 on the upside , eventually ending the session at $28.75, with a gain of 0.74% or 0.21 points. The heightened volatility saw the trading volume jump to 13,67,776 shares. The 52-week high of the share price is $31.84 and the company has a market cap of $2,588 M . The 52-week low of the share price is at $22.77.
Company has been under the radar of several Street Analysts.Hudson Pacific Properties Inc is Reiterated by Mizuho to Neutral and the brokerage firm has raised the Price Target to $ 28 from a previous price target of $26 .The Rating was issued on May 6, 2016.Hudson Pacific Properties Inc is Reiterated by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 33 from a previous price target of $30 .The Rating was issued on Mar 24, 2016.
Hudson Pacific Properties Inc. is a real estate investment trust (REIT). The Company is a real estate company focused on owning operating and acquiring office properties and media and entertainment properties in markets in Northern and Southern California and the Pacific Northwest. Its portfolio includes office properties comprising approximately 5.9 million square feet and media and entertainment properties comprising approximately 0.9 million square feet of sound-stage office and supporting production facilities. Its segments include office properties and media and entertainment properties. The Company’s office properties include First & King Met Park North Northview Rincon Center 275 Brannan Street 901 Market Street Del Amo Office Building 6922 Hollywood 10900 Washington and 3401 Exposition among others. Its media and entertainment properties segment includes two properties the Sunset Gower property and the Sunset Bronson property.