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Hudson Pacific (HPP) Catches Eye: Stock Jumps 8.5%

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Hudson Pacific Properties, Inc. HPP was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $16.78 –$30.18 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen a mixed track record when it comes to estimate revision of one increase and one decrease over the past two months, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future. 

Hudson Pacific currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Hudson Pacific Properties, Inc. Price

A better-ranked stock in the REIT and Equity Trust – Other industry is LTC Properties, Inc. LTC, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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