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

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have been given a consensus rating of “Hold” by the thirteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $14.8167.

A number of equities analysts have weighed in on the stock. Piper Sandler restated a “neutral” rating and set a $12.00 price objective (up from $6.50) on shares of Hudson Pacific Properties in a research report on Thursday, May 28th. Cantor Fitzgerald reduced their price objective on shares of Hudson Pacific Properties from $13.00 to $10.00 and set an “overweight” rating for the company in a research report on Monday, March 2nd. Jefferies Financial Group set a $8.00 price objective on shares of Hudson Pacific Properties and gave the stock a “hold” rating in a research report on Friday, March 6th. Zacks Research upgraded shares of Hudson Pacific Properties from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 3rd. Finally, Citigroup restated a “neutral” rating and set a $13.00 price objective (up from $8.00) on shares of Hudson Pacific Properties in a research report on Thursday, May 14th.

Hudson Pacific Properties Stock Performance

HPP opened at $15.51 on Wednesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.65 and a quick ratio of 1.65. The firm has a fifty day moving average price of $9.66 and a 200 day moving average price of $9.41. The stock has a market cap of $841.26 million, a P/E ratio of -1.54, a P/E/G ratio of 1.17 and a beta of 1.94. Hudson Pacific Properties has a 1 year low of $5.26 and a 1 year high of $21.70.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.92) by $0.10. The company had revenue of $181.85 million during the quarter, compared to analysts’ expectations of $175.12 million. Hudson Pacific Properties had a negative net margin of 67.89% and a negative return on equity of 19.05%. Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. Equities research analysts anticipate that Hudson Pacific Properties will post 1.06 earnings per share for the current year.

Hedge Funds Weigh In On Hudson Pacific Properties

Large investors have recently added to or reduced their stakes in the stock. Evergreen Capital Management LLC acquired a new stake in shares of Hudson Pacific Properties in the second quarter valued at about $28,000. Orion Porfolio Solutions LLC acquired a new stake in shares of Hudson Pacific Properties in the third quarter valued at about $28,000. United Capital Financial Advisors LLC acquired a new stake in shares of Hudson Pacific Properties in the third quarter valued at about $30,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Hudson Pacific Properties in the third quarter valued at about $32,000. Finally, US Bancorp DE raised its position in shares of Hudson Pacific Properties by 196.2% in the third quarter. US Bancorp DE now owns 12,485 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 8,270 shares during the last quarter. 97.58% of the stock is currently owned by institutional investors and hedge funds.

About Hudson Pacific Properties

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.