Inspire Investing LLC Purchases 42,021 Shares of Hudson Pacific Properties, Inc. $HPP

Inspire Investing LLC boosted its position in Hudson Pacific Properties, Inc. (NYSE:HPP) by 98.2% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 84,807 shares of the real estate investment trust’s stock after acquiring an additional 42,021 shares during the period. Inspire Investing LLC owned 0.16% of Hudson Pacific Properties worth $501,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Evergreen Capital Management LLC bought a new stake in shares of Hudson Pacific Properties in the second quarter valued at approximately $28,000. Orion Porfolio Solutions LLC bought a new position in Hudson Pacific Properties in the 3rd quarter worth approximately $28,000. United Capital Financial Advisors LLC bought a new position in Hudson Pacific Properties in the 3rd quarter worth approximately $30,000. Integrated Wealth Concepts LLC purchased a new position in Hudson Pacific Properties in the 3rd quarter valued at approximately $32,000. Finally, US Bancorp DE grew its stake in Hudson Pacific Properties by 196.2% in the 3rd 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 in the last quarter. 97.58% of the stock is owned by hedge funds and other institutional investors.

Hudson Pacific Properties Stock Down 0.0%

HPP opened at $16.91 on Monday. The firm has a market capitalization of $917.09 million, a P/E ratio of -1.67, a price-to-earnings-growth ratio of 1.36 and a beta of 1.89. Hudson Pacific Properties, Inc. has a one year low of $5.26 and a one year high of $21.70. The company has a fifty day moving average price of $12.75 and a 200-day moving average price of $9.61. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.65 and a quick ratio of 1.65.

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, topping 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 for the quarter, compared to the consensus estimate of $175.12 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. Equities research analysts expect that Hudson Pacific Properties, Inc. will post 1.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on HPP. BTIG Research restated a “buy” rating and set a $26.00 target price on shares of Hudson Pacific Properties in a research report on Wednesday, May 6th. Citigroup reiterated a “neutral” rating and set a $13.00 price objective (up from $8.00) on shares of Hudson Pacific Properties in a research note on Thursday, May 14th. Wells Fargo & Company increased their price objective on Hudson Pacific Properties from $13.50 to $14.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. BMO Capital Markets reaffirmed a “market perform” rating and set a $16.00 target price (up from $8.00) on shares of Hudson Pacific Properties in a report on Monday, June 15th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $12.00 price target (up from $7.50) on shares of Hudson Pacific Properties in a research report on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Hudson Pacific Properties has an average rating of “Hold” and an average target price of $13.48.

Hudson Pacific Properties Company Profile

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.