Large Outflow of Money Witnessed in Hudson Pacific Properties

Hudson Pacific Properties (HPP) : Money flow in the Hudson Pacific Properties (HPP) stock was negative (11.62 million) on Tuesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $2.76 million, compared to $14.38 million on downticks. The total uptick to downtick ratio was 0.19, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($11.81 million), indicating selling on the strength. The transaction value during uptick in block trades was $0.4 million. Downtick transaction value in block trades amounted to $12.21 million, indicating persistent selling. The uptick to downtick ratio was 0.03. Hudson Pacific Properties (HPP) traded $0.31 higher at $29.86 gaining 1.05% over the previous days close.


The company Insiders own 13.35% of Hudson Pacific Properties shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 7.85% . Institutional Investors own 94.08% of Hudson Pacific Properties shares. During last six month period, the net percent change held by insiders has seen a change of 3.35%. In an insider trading activity, Glaser Jonathan M, director of Hudson Pacific Properties, Inc., executed a transaction worth $80,640 on May 19, 2016. A total of 3,000 shares were purchased at an average price of $26.88. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Shares of Hudson Pacific Properties, Inc. rose by 2.89% in the last five trading days and 6.34% for the last 4 weeks. Hudson Pacific Properties, Inc. is up 3.53% in the last 3-month period. Year-to-Date the stock performance stands at 9.25%.

Hudson Pacific Properties (NYSE:HPP): stock turned positive on Tuesday. Though the stock opened at $29.86, the bulls momentum made the stock top out at $30.46 level for the day. The stock recorded a low of $29.75 and closed the trading day at $30.31, in the green by 1.51%. The total traded volume for the day was 916,210. The stock had closed at $29.86 in the previous days trading.

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 Companys 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.

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