Howard Capital Management buys $8,643,314 stake in Hudson Pacific Properties Inc (HPP)

Hudson Pacific Properties Inc (HPP) : Howard Capital Management scooped up 107,152 additional shares in Hudson Pacific Properties Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 268,927 shares of Hudson Pacific Properties Inc which is valued at $8,643,314.Hudson Pacific Properties Inc makes up approximately 1.60% of Howard Capital Management’s portfolio.

Other Hedge Funds, Including , State Of Alaska Department Of Revenue reduced its stake in HPP by selling 1,740 shares or 4.82% in the most recent quarter. The Hedge Fund company now holds 34,330 shares of HPP which is valued at $1,103,366. Hudson Pacific Properties Inc makes up approx 0.11% of State Of Alaska Department Of Revenue’s portfolio. James Investment Research Inc added HPP to its portfolio by purchasing 78 company shares during the most recent quarter which is valued at $2,455.Spirit Of America Management Corpny reduced its stake in HPP by selling 1,700 shares or 1.89% in the most recent quarter. The Hedge Fund company now holds 88,300 shares of HPP which is valued at $2,609,265. Hudson Pacific Properties Inc makes up approx 0.38% of Spirit Of America Management Corpny’s portfolio.

Hudson Pacific Properties Inc opened for trading at $31.94 and hit $32.19 on the upside on Wednesday, eventually ending the session at $32.14, with a gain of 1.01% or 0.32 points. The heightened volatility saw the trading volume jump to 23,53,165 shares. Company has a market cap of $2,893 M.

Many Wall Street Analysts have commented on Hudson Pacific Properties Inc. Robert W. Baird Initiated Hudson Pacific Properties Inc on Jun 30, 2016 to “Outperform”, Price Target of the shares are set at $38.Company shares were Reiterated by Mizuho on May 6, 2016 to “Neutral”, Firm has raised the Price Target to $ 28 from a previous price target of $26 .

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *