American Assets Capital Advisers Holding in Hudson Pac Pptys (HPP) Has Trimmed as Stock Declined; General Electric (GE) Holding Has Upped by Balasa Dinverno & Foltz Llc

April 20, 2018 - By Peter Erickson

Hudson Pacific Properties, Inc. (NYSE:HPP) Logo

American Assets Capital Advisers decreased its stake in Hudson Pac Pptys Inc (HPP) by 92.57% based on its latest 2017Q4 regulatory filing with the SEC. American Assets Capital Advisers sold 119,600 shares as the company’s stock declined 4.74% with the market. The institutional investor held 9,600 shares of the finance company at the end of 2017Q4, valued at $329,000, down from 129,200 at the end of the previous reported quarter. American Assets Capital Advisers who had been investing in Hudson Pac Pptys Inc for a number of months, seems to be less bullish one the $4.87B market cap company. The stock decreased 0.45% or $0.14 during the last trading session, reaching $31.22. About 287,730 shares traded. Hudson Pacific Properties, Inc. (NYSE:HPP) has declined 5.51% since April 20, 2017 and is downtrending. It has underperformed by 17.06% the S&P500.

Balasa Dinverno & Foltz Llc increased its stake in General Electric (GE) by 44.68% based on its latest 2017Q4 regulatory filing with the SEC. Balasa Dinverno & Foltz Llc bought 38,266 shares as the company’s stock declined 23.20% with the market. The institutional investor held 123,909 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $2.16M, up from 85,643 at the end of the previous reported quarter. Balasa Dinverno & Foltz Llc who had been investing in General Electric for a number of months, seems to be bullish on the $126.87 billion market cap company. The stock increased 4.43% or $0.62 during the last trading session, reaching $14.61. About 150.74M shares traded or 80.72% up from the average. General Electric Company (NYSE:GE) has declined 54.35% since April 20, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Investors sentiment decreased to 1.23 in 2017 Q4. Its down 0.01, from 1.24 in 2017Q3. It worsened, as 15 investors sold HPP shares while 67 reduced holdings. 31 funds opened positions while 70 raised stakes. 155.67 million shares or 3.63% more from 150.22 million shares in 2017Q3 were reported. Pggm Investments reported 2.36M shares. Sg Americas Lc stated it has 0.01% in Hudson Pacific Properties, Inc. (NYSE:HPP). Quantbot Tech Limited Partnership reported 0.03% of its portfolio in Hudson Pacific Properties, Inc. (NYSE:HPP). Security Rech & invested in 1.21M shares or 1.29% of the stock. Asset Mgmt One Communication Ltd holds 0.03% or 368,194 shares. Vanguard Gp accumulated 24.50M shares or 0.04% of the stock. Bnp Paribas Asset Mngmt reported 328,033 shares. Regions Finance reported 0.01% stake. Jpmorgan Chase reported 0% in Hudson Pacific Properties, Inc. (NYSE:HPP). Principal Gp Incorporated accumulated 0.15% or 4.85M shares. Brookfield Asset invested in 0.49% or 3.51M shares. Sei Invests invested in 0.03% or 282,240 shares. Heitman Real Secs Limited Com reported 963,954 shares stake. Tudor Inv Corp Et Al reported 9,591 shares. Us Bank De stated it has 0% in Hudson Pacific Properties, Inc. (NYSE:HPP).

American Assets Capital Advisers, which manages about $79.48M and $394.40M US Long portfolio, upped its stake in New Residential Invt Corp (NYSE:NRZ) by 388,234 shares to 1.48M shares, valued at $26.45 million in 2017Q4, according to the filing. It also increased its holding in Coresite Rlty Corp (NYSE:COR) by 34,000 shares in the quarter, for a total of 151,500 shares, and has risen its stake in Crown Castle Intl Corp New (NYSE:CCI).

Analysts await Hudson Pacific Properties, Inc. (NYSE:HPP) to report earnings on May, 3 before the open. They expect $0.46 earnings per share, down 4.17% or $0.02 from last year’s $0.48 per share. HPP’s profit will be $71.71M for 16.97 P/E if the $0.46 EPS becomes a reality. After $0.52 actual earnings per share reported by Hudson Pacific Properties, Inc. for the previous quarter, Wall Street now forecasts -11.54% negative EPS growth.

Among 14 analysts covering Hudson Pacific Properties (NYSE:HPP), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Hudson Pacific Properties had 33 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Credit Suisse given on Monday, January 11. The firm earned “Outperform” rating on Friday, February 23 by Wells Fargo. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, August 15. As per Thursday, August 27, the company rating was initiated by Cantor Fitzgerald. Barclays Capital maintained the shares of HPP in report on Tuesday, July 19 with “Overweight” rating. The rating was initiated by UBS on Monday, November 2 with “Buy”. The company was upgraded on Friday, December 4 by Morgan Stanley. The stock of Hudson Pacific Properties, Inc. (NYSE:HPP) has “Buy” rating given on Monday, January 8 by Robert W. Baird. The company was initiated on Monday, March 28 by Cowen & Co. Mizuho maintained the stock with “Buy” rating in Friday, August 5 report.

Since January 26, 2018, it had 1 insider purchase, and 0 insider sales for $43,446 activity.

Balasa Dinverno & Foltz Llc, which manages about $2.77 billion and $674.60M US Long portfolio, decreased its stake in Apple Computer Inc. by 8,989 shares to 59,776 shares, valued at $10.12 million in 2017Q4, according to the filing. It also reduced its holding in Ishares Russell 1000 Growth (IWF) by 16,647 shares in the quarter, leaving it with 1.03 million shares, and cut its stake in Ishares Msci Eafe (EFA).

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 99 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, October 23, the company rating was maintained by RBC Capital Markets. The rating was maintained by Vertical Research with “Hold” on Tuesday, January 16. The firm has “Neutral” rating by UBS given on Monday, October 23. The company was maintained on Monday, November 23 by Credit Suisse. The firm earned “Hold” rating on Wednesday, January 24 by CFRA. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, October 19 report. On Sunday, December 10 the stock rating was maintained by Stifel Nicolaus with “Hold”. Bank of America upgraded it to “Buy” rating and $27.0 target in Monday, October 23 report. Barclays Capital maintained General Electric Company (NYSE:GE) rating on Monday, October 5. Barclays Capital has “Overweight” rating and $30 target. The stock has “Hold” rating by Tigress Financial on Thursday, December 28.

Hudson Pacific Properties, Inc. (NYSE:HPP) Institutional Positions Chart

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