Hudson Pacific Properties, Inc. (NYSE:HPP) Given Average Rating of “Hold” by Analysts

Hudson Pacific Properties, Inc. (NYSE:HPPGet Free Report) has earned an average recommendation of “Hold” from the fourteen research firms that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $14.6417.

A number of brokerages have recently weighed in on HPP. Piper Sandler set a $10.00 price target on Hudson Pacific Properties in a research report on Tuesday, January 27th. Mizuho lowered their price objective on shares of Hudson Pacific Properties from $21.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, December 12th. BMO Capital Markets restated a “market perform” rating on shares of Hudson Pacific Properties in a report on Thursday. Zacks Research cut shares of Hudson Pacific Properties from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. Finally, BTIG Research set a $26.00 price target on shares of Hudson Pacific Properties and gave the company a “buy” rating in a research report on Friday, January 2nd.

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Key Hudson Pacific Properties News

Here are the key news stories impacting Hudson Pacific Properties this week:

Hudson Pacific Properties Price Performance

Shares of NYSE:HPP opened at $7.20 on Monday. The business’s 50 day simple moving average is $8.78 and its 200-day simple moving average is $14.10. The firm has a market capitalization of $390.46 million, a price-to-earnings ratio of -0.55 and a beta of 1.50. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.78 and a quick ratio of 1.78. Hudson Pacific Properties has a 12 month low of $5.55 and a 12 month high of $23.52.

Hudson Pacific Properties (NYSE:HPPGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The real estate investment trust reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.01. The firm had revenue of $256.03 million during the quarter, compared to the consensus estimate of $168.02 million. Hudson Pacific Properties had a negative return on equity of 19.89% and a negative net margin of 69.12%.Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. As a group, equities analysts forecast that Hudson Pacific Properties will post 0.45 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Hudson Pacific Properties

Hedge funds have recently bought and sold shares of the stock. Xponance Inc. lifted its position in shares of Hudson Pacific Properties by 19.9% in the third quarter. Xponance Inc. now owns 29,100 shares of the real estate investment trust’s stock valued at $80,000 after acquiring an additional 4,821 shares in the last quarter. Pensionfund Sabic purchased a new stake in Hudson Pacific Properties during the 4th quarter worth about $59,000. Envestnet Asset Management Inc. raised its stake in Hudson Pacific Properties by 1.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 576,274 shares of the real estate investment trust’s stock valued at $1,591,000 after purchasing an additional 5,544 shares during the last quarter. Ballentine Partners LLC lifted its holdings in Hudson Pacific Properties by 25.4% in the 3rd quarter. Ballentine Partners LLC now owns 28,201 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 5,709 shares in the last quarter. Finally, Metis Global Partners LLC boosted its stake in shares of Hudson Pacific Properties by 43.8% during the 2nd quarter. Metis Global Partners LLC now owns 23,273 shares of the real estate investment trust’s stock worth $64,000 after purchasing an additional 7,090 shares during the last quarter. Hedge funds and other institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties Company Profile

(Get Free Report)

Hudson Pacific Properties (NYSE: HPP) is a self-managed real estate investment trust focused on the acquisition, development and management of high-quality office and studio properties. The company’s portfolio spans strategic West Coast markets in the United States and key markets in Canada, providing space for technology, media and creative companies as well as major film and television producers. As an owner and operator of both traditional office buildings and specialized production facilities, Hudson Pacific seeks to deliver stable income through long-term leases and strategic property enhancements.

In its office segment, Hudson Pacific targets markets with strong job growth and limited supply, including Los Angeles, Silicon Valley, San Diego and Seattle, as well as Vancouver, British Columbia.

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Analyst Recommendations for Hudson Pacific Properties (NYSE:HPP)

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