hudson pacific properties (nyse: hpp) is a vertically-integrated real estate company focused on acquiring, repositioning, developing and operating high-quality office and state-of-the-art media and entertainment properties in select west coast markets. hpp invests across the risk-return spectrum, favoring opportunities where it can employ leasing, capital investment and management expertise to create additional value. founded in 2006 as hudson capital, the company went public in 2010, electing to be taxed as a real estate investment trust. through the years, hpp has strategically assembled a portfolio totaling approximately 17.3 million square feet, including land for development, in high-growth, high-barrier-to-entry submarkets throughout northern and southern california and the pacific northwest. the company is a leading provider of design-forward, next-generation workspaces for a variety of tenants, with a focus on fortune 500 and industry-leading growth companies, many in the techn
![Hudson Pacific Properties logo](/files/LOGO/1482512-HPP.png)
Company profile
Ticker
HPP, HPP-PC
Exchange
Website
CEO
Victor J. Coleman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
EquiBlue Management, LLC • HCTD, LLC • Howard Street Associates, LLC • HPP-MAC WSP, LLC • Hudson 1000 Olive Way, LLC • Hudson 1003 4th Place, LLC • Hudson 10900 Washington, LLC • Hudson 10950 Washington, LLC • Hudson 1099 GP, LLC • Hudson 1099 Stewart REIT, LLC ...
IRS number
271430478
HPP stock data
Latest filings (excl ownership)
8-K
Investor Update | Nareit REITWeek June 2024
3 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
16 May 24
10-Q
2024 Q1
Quarterly report
3 May 24
8-K
Hudson Pacific Properties Reports First Quarter 2024 Financial Results
1 May 24
S-3ASR
Automatic shelf registration
26 Apr 24
ARS
2023 FY
Annual report to shareholders
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
10-K
2023 FY
Annual report
16 Feb 24
8-K
Hudson Pacific Properties Reports Fourth Quarter 2023 Financial Results
12 Feb 24
8-K
Hudson Pacific and Macerich Complete $700 Million Sale of One Westside and Westside Two
3 Jan 24
Transcripts
HPP
Earnings call transcript
2024 Q1
2 May 24
HPP
Earnings call transcript
2023 Q4
13 Feb 24
HPP
Earnings call transcript
2023 Q3
2 Nov 23
HPP
Earnings call transcript
2023 Q2
2 Aug 23
HPP
Earnings call transcript
2023 Q2
2 Aug 23
HPP
Earnings call transcript
2023 Q1
9 May 23
HPP
Earnings call transcript
2022 Q4
9 Feb 23
HPP
Earnings call transcript
2022 Q3
3 Nov 22
HPP
Earnings call transcript
2021 Q2
4 Aug 21
HPP
Earnings call transcript
2021 Q1
6 May 21
Latest ownership filings
4
Christopher James Barton
3 Jun 24
4
Steven M. Jaffe
30 May 24
4
Arthur X. Suazo
30 May 24
4
MARK T LAMMAS
29 May 24
4
Harout Krikor Diramerian
29 May 24
4
VICTOR J COLEMAN
24 May 24
144
Notice of proposed sale of securities
22 May 24
4
Christy Haubegger
17 May 24
4
JONATHAN M GLASER
17 May 24
4
ROBERT L HARRIS II
17 May 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 133.57 mm | 133.57 mm | 133.57 mm | 133.57 mm | 133.57 mm | 133.57 mm |
Cash burn (monthly) | (no burn) | 4.11 mm | 39.22 mm | 37.74 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 15.89 mm | 151.64 mm | 145.94 mm | n/a | n/a |
Cash remaining | n/a | 117.68 mm | -18.07 mm | -12.36 mm | n/a | n/a |
Runway (months of cash) | n/a | 28.6 | -0.5 | -0.3 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 May 24 | Christopher James Barton | Common Stock, par value $0.01 | Buy | Acquire P | No | No | 4.83 | 4,132 | 19.96 k | 60,358 |
30 May 24 | Steven M. Jaffe | Common Stock, par value $0.01 | Buy | Acquire P | No | No | 4.71 | 5,295 | 24.94 k | 36,561 |
30 May 24 | Arthur X. Suazo | Common Stock, par value $0.01 | Buy | Acquire P | No | No | 4.56 | 5,600 | 25.54 k | 92,702 |
29 May 24 | Mark T Lammas | Common Stock, par value $0.01 | Buy | Acquire P | No | No | 4.31 | 5,800 | 25.00 k | 119,157 |
29 May 24 | Harout Krikor Diramerian | Common Stock, par value $0.01 | Buy | Acquire P | No | No | 4.29 | 2,325 | 9.97 k | 53,246 |
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10 Jul 24
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