Hudson Pacific Properties (NYSE:HPP) Trading Down 8.6% Following Analyst Downgrade

Hudson Pacific Properties, Inc. (NYSE:HPP) fell 8.6% on Friday after Mizuho lowered their price target on the stock from $21.00 to $15.00. Mizuho currently has a neutral rating on the stock. Hudson Pacific Properties traded as low as $12.24 and last traded at $12.2580. 586,204 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 768,730 shares. The stock had previously closed at $13.41.

Several other analysts have also issued reports on HPP. Morgan Stanley boosted their target price on Hudson Pacific Properties to $14.00 and gave the company an “underweight” rating in a research note on Tuesday, December 2nd. Citigroup lowered their price objective on Hudson Pacific Properties from $20.30 to $13.30 and set a “neutral” rating on the stock in a research note on Monday, November 24th. Piper Sandler cut their target price on shares of Hudson Pacific Properties from $21.00 to $17.50 and set a “neutral” rating for the company in a research report on Monday, November 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of Hudson Pacific Properties in a research report on Monday, December 1st. Finally, New Street Research set a $16.80 price objective on shares of Hudson Pacific Properties in a report on Monday, October 13th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $19.23.

Institutional Investors Weigh In On Hudson Pacific Properties

A number of institutional investors and hedge funds have recently made changes to their positions in HPP. Swiss Life Asset Management Ltd purchased a new position in Hudson Pacific Properties during the third quarter worth about $39,000. CIBC Bancorp USA Inc. purchased a new position in shares of Hudson Pacific Properties during the third quarter worth about $109,000. Connective Capital Management LLC bought a new position in shares of Hudson Pacific Properties in the third quarter worth approximately $242,000. CANADA LIFE ASSURANCE Co increased its position in shares of Hudson Pacific Properties by 83.8% in the third quarter. CANADA LIFE ASSURANCE Co now owns 619,907 shares of the real estate investment trust’s stock worth $1,687,000 after purchasing an additional 282,543 shares during the last quarter. Finally, United Capital Financial Advisors LLC purchased a new stake in Hudson Pacific Properties in the third quarter valued at approximately $30,000. Hedge funds and other institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties Trading Down 9.5%

The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $658.35 million, a P/E ratio of -0.72 and a beta of 1.45. The firm’s 50-day simple moving average is $15.67 and its 200-day simple moving average is $17.42.

Hudson Pacific Properties (NYSE:HPP) last issued its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.02. Hudson Pacific Properties had a negative net margin of 59.61% and a negative return on equity of 16.24%. The firm had revenue of $186.62 million for the quarter, compared to analyst estimates of $186.05 million. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. Analysts anticipate that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current year.

About Hudson Pacific Properties

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space.