BBR Partners LLC Trims Position in Hudson Pacific Properties, Inc. $HPP

BBR Partners LLC lessened its position in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) by 85.7% in the fourth quarter, Holdings Channel reports. The fund owned 16,428 shares of the real estate investment trust’s stock after selling 98,573 shares during the quarter. BBR Partners LLC’s holdings in Hudson Pacific Properties were worth $178,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of the company. AQR Capital Management LLC increased its position in Hudson Pacific Properties by 140.3% in the first quarter. AQR Capital Management LLC now owns 348,203 shares of the real estate investment trust’s stock worth $1,027,000 after buying an additional 203,283 shares in the last quarter. Caxton Associates LLP purchased a new stake in Hudson Pacific Properties in the first quarter worth about $82,000. Strs Ohio purchased a new stake in Hudson Pacific Properties in the first quarter worth about $73,000. Creative Planning increased its position in Hudson Pacific Properties by 25.8% in the second quarter. Creative Planning now owns 46,095 shares of the real estate investment trust’s stock worth $126,000 after buying an additional 9,467 shares in the last quarter. Finally, Cetera Investment Advisers purchased a new stake in Hudson Pacific Properties in the second quarter worth about $62,000. Hedge funds and other institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties Trading Down 1.3%

Shares of NYSE HPP opened at $13.77 on Friday. 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 fifty day simple moving average of $9.29 and a two-hundred day simple moving average of $9.40. The firm has a market cap of $746.70 million, a PE ratio of -1.36, a price-to-earnings-growth ratio of 1.12 and a beta of 1.94. Hudson Pacific Properties, Inc. has a twelve month low of $5.26 and a twelve month high of $21.70.

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

Analyst Upgrades and Downgrades

Several research firms recently issued reports on HPP. BMO Capital Markets reiterated a “market perform” rating on shares of Hudson Pacific Properties in a research report on Thursday, February 26th. Citigroup reiterated a “neutral” rating and set a $13.00 target price (up from $8.00) on shares of Hudson Pacific Properties in a research report on Thursday, May 14th. Jefferies Financial Group set a $8.00 price target on Hudson Pacific Properties and gave the company a “hold” rating in a report on Friday, March 6th. Zacks Research upgraded Hudson Pacific Properties from a “hold” rating to a “strong-buy” rating in a report on Friday, April 3rd. Finally, Wall Street Zen cut Hudson Pacific Properties from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $14.82.

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.