Morgan Stanley Issues Positive Forecast for Hudson Pacific Properties (NYSE:HPP) Stock Price

Hudson Pacific Properties (NYSE:HPP) had its price objective lifted by equities research analysts at Morgan Stanley to $14.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has an “underweight” rating on the real estate investment trust’s stock. Morgan Stanley’s target price would indicate a potential upside of 3.67% from the company’s previous close.

HPP has been the subject of several other research reports. Jefferies Financial Group cut their price target on Hudson Pacific Properties from $17.50 to $16.80 and set a “hold” rating for the company in a research note on Monday, October 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of Hudson Pacific Properties in a research note on Monday, November 24th. Citigroup cut their target price on shares of Hudson Pacific Properties from $20.30 to $13.30 and set a “neutral” rating for the company in a research report on Monday, November 24th. Wells Fargo & Company set a $2.60 price target on shares of Hudson Pacific Properties in a report on Tuesday, November 25th. Finally, Cantor Fitzgerald lowered their price target on shares of Hudson Pacific Properties from $24.50 to $21.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $19.69.

Hudson Pacific Properties Price Performance

Shares of HPP stock traded down $0.06 during midday trading on Tuesday, reaching $13.51. 1,814,211 shares of the company traded hands, compared to its average volume of 764,957. The firm’s 50 day simple moving average is $16.35 and its two-hundred day simple moving average is $17.45. The firm has a market cap of $732.38 million, a PE ratio of -0.80 and a beta of 1.45. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.78 and a quick ratio of 1.78. Hudson Pacific Properties has a 1-year low of $11.69 and a 1-year high of $27.06.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02. The firm had revenue of $186.62 million during the quarter, compared to the consensus estimate of $186.05 million. Hudson Pacific Properties had a negative return on equity of 16.24% and a negative net margin of 59.61%.Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. On average, equities research analysts expect that Hudson Pacific Properties will post 0.45 EPS for the current fiscal year.

Institutional Investors Weigh In On Hudson Pacific Properties

Hedge funds and other institutional investors have recently modified their holdings of the company. Abel Hall LLC purchased a new position in shares of Hudson Pacific Properties during the second quarter valued at approximately $28,000. Ethic Inc. purchased a new stake in Hudson Pacific Properties in the 3rd quarter worth approximately $28,000. Evergreen Capital Management LLC acquired a new position in Hudson Pacific Properties in the 2nd quarter valued at $28,000. Orion Porfolio Solutions LLC acquired a new position in Hudson Pacific Properties in the 3rd quarter valued at $28,000. Finally, US Bancorp DE lifted its stake in shares of Hudson Pacific Properties by 1,053.7% during the 1st quarter. US Bancorp DE now owns 9,772 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 8,925 shares during the period. 97.58% of the stock is currently owned by hedge funds and other institutional investors.

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.