Hudson Pacific Properties Upgraded by Moody’s to Baa2 with Stable Outlook
Hudson Pacific Properties, Inc. (HPP)
Last hudson pacific properties, inc. earnings: 2/20 06:00 am
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hudsonpacificproperties.com
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) today announced that Moody’s Investors Service (“Moody’s”) upgraded the company’s corporate credit rating, including its long-term issuer and senior unsecured ratings, to Baa2 from Baa3 with a stable outlook.The rating upgrade reflects Hudson Pacific’s quality portfolio in high-growth West Coast markets with solid fundamentals, good liquidity profile supported by a large unencumbered asset base, and strong fixed charge coverage. Moody’s also highlighted the company’s experienced management team; demonstrated success in leasing, repositioning, development and redevelopment; and commitment to owning and operating sustainable and efficient properties.“We are pleased that Moody’s has recognized Hudson Pacific’s capital discipline, and our success in maintaining a healthy balance sheet while executing upon our growth strategy,” said Mark Lammas, Chief Financial Officer and Chief Operating Officer for Hudson Pacif
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News
- Hudson Pacific Completes Sale of Palo Alto Office Property [Yahoo! Finance]Yahoo! Finance
- Hudson Pacific Completes Sale of Palo Alto Office PropertyBusiness Wire
- Hudson Pacific Properties Declares Fourth Quarter 2024 Preferred Stock Dividend [Yahoo! Finance]Yahoo! Finance
- Hudson Pacific Properties Declares Fourth Quarter 2024 Preferred Stock DividendBusiness Wire
- Hudson Pacific Properties, Inc. (NYSE: HPP) had its price target lowered by analysts at Piper Sandler from $5.00 to $4.50. They now have a "neutral" rating on the stock.MarketBeat
HPP
Earnings
- 11/12/24 - Miss
HPP
Sec Filings
- 12/19/24 - Form 4
- 11/26/24 - Form 4
- 11/12/24 - Form 8-K
- HPP's page on the SEC website