Hudson Pacific Properties (NYSE:HPP) Shares Cross Above 200 Day Moving Average – Should You Sell?

Hudson Pacific Properties, Inc. (NYSE:HPP)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $9.53 and traded as high as $15.70. Hudson Pacific Properties shares last traded at $15.2310, with a volume of 851,104 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on HPP. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $12.00 price objective (up from $7.50) on shares of Hudson Pacific Properties in a report on Tuesday, May 19th. Zacks Research raised shares of Hudson Pacific Properties from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 3rd. BTIG Research reissued a “buy” rating and issued a $26.00 price target on shares of Hudson Pacific Properties in a research report on Wednesday, May 6th. Wells Fargo & Company increased their price target on shares of Hudson Pacific Properties from $13.50 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Hudson Pacific Properties in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $13.48.

Hudson Pacific Properties Stock Down 1.2%

The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.28. The business has a 50-day simple moving average of $12.25 and a two-hundred day simple moving average of $9.53. The stock has a market capitalization of $826.13 million, a P/E ratio of -1.51, a PEG ratio of 1.24 and a beta of 1.94.

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

Hedge Funds Weigh In On Hudson Pacific Properties

Several institutional investors have recently added to or reduced their stakes in the company. Pensionfund Sabic acquired a new position in Hudson Pacific Properties in the fourth quarter valued at about $59,000. Evergreen Capital Management LLC acquired a new stake in shares of Hudson Pacific Properties during the second quarter worth approximately $28,000. Orion Porfolio Solutions LLC bought a new position in shares of Hudson Pacific Properties in the third quarter valued at approximately $28,000. United Capital Financial Advisors LLC bought a new position in shares of Hudson Pacific Properties in the third quarter valued at approximately $30,000. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Hudson Pacific Properties in the 3rd quarter worth approximately $32,000. 97.58% of the stock is owned by institutional investors.

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.