HPP Stock Recent News

Squarepoint Ops LLC lessened its holdings in Hudson Pacific Properties, Inc. (NYSE:HPP – Free Report) by 86.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,216 shares of the real estate investment trust’s stock after selling 120,322 shares during the period. Squarepoint Ops LLC’s holdings in Hudson Pacific Properties were worth $55,000 at the end of the most recent reporting period. Other institutional investors have also recently made changes to their positions in the company. Asset Management One Co. Ltd. grew its holdings in Hudson Pacific Properties by 9.7% during the 4th quarter. Asset Management One Co. Ltd. now owns 206,656 shares of the real estate investment trust’s stock valued at $614,000 after buying an additional 18,279 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Hudson Pacific Properties during the 4th quarter valued at approxim

LOS ANGELES--(BUSINESS WIRE)--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 second quarter of 2025 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 June 30, 2025 to preferred stockholders of record on June 20, 2025. About Hudso.

US equity REITs reported a marginal decline in the median growth rate of their same-store NOI in Q1 as the commercial real estate market continues to face macroeconomic challenges. Among all US equity REITs, the healthcare sector recorded the largest year-over-year gain in same-store NOI during the first quarter, with a median increase of 7.1%. During the first quarter, the office segment incurred losses in its same-store NOI, posting a median year-over-year decline of 0.9%.

The REIT sector saw another month of red in April (-6.45%) and REITs now average a -9.10% return over the first 4 months of the year. Microcap (-8.87%) and small-cap REITs (-8.69%) endured bigger average losses than mid-caps (-5.45%) and large-caps (-2.93%). 84.62% of REIT securities had a negative total return in April.

When Your REIT Will Cut Its Dividend

Dividend cut announcements trigger sharp REIT sell-offs, regardless of whether cuts are forced by trouble or are responsible capital allocation decisions. I consistently find opportunity in buying REITs after responsible dividend cuts, as the market often overreacts despite strong underlying fundamentals. Historical examples like WPC, BRX, KIM, WSR, and GOOD show significant price recovery after responsible cuts, offering attractive entry points for investors.

We have rated HPP a sell since January 2024. The recent quarter once again validated the thesis. If you want to chase yield, go for the bonds where we think recovery to current price is possible in the best-case scenario.

Hudson Pacific Properties, Inc. (NYSE:HPP ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Laura Campbell - EVP, IR & Marketing Victor Coleman - Chairman & CEO Mark Lammas - President Harout Diramerian - CFO Arthur Suazo - EVP, Leasing Conference Call Participants Seth Bergey - Citigroup John Kim - BMO Capital Markets Connor Mitchell - Piper Sandler Tom Catherwood - BTIG Young Ku - Wells Fargo Peter Abramowitz - Jefferies Operator Good afternoon. My name is Alex, and I will be your conference operator for today.

Although the revenue and EPS for Hudson Pacific (HPP) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Hudson Pacific Properties (HPP) came out with quarterly funds from operations (FFO) of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to FFO of $0.17 per share a year ago.