IFM Investors Pty Ltd Purchases Shares of 31,421 Hudson Pacific Properties, Inc. $HPP

IFM Investors Pty Ltd purchased a new stake in Hudson Pacific Properties, Inc. (NYSE:HPP) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,421 shares of the real estate investment trust’s stock, valued at approximately $93,000.

Several other hedge funds also recently added to or reduced their stakes in HPP. Bank of America Corp DE boosted its holdings in Hudson Pacific Properties by 113.8% in the fourth quarter. Bank of America Corp DE now owns 1,129,267 shares of the real estate investment trust’s stock valued at $3,422,000 after purchasing an additional 601,074 shares during the last quarter. Millennium Management LLC boosted its holdings in Hudson Pacific Properties by 303.5% in the fourth quarter. Millennium Management LLC now owns 7,384,275 shares of the real estate investment trust’s stock valued at $22,374,000 after purchasing an additional 5,554,444 shares during the last quarter. ProShare Advisors LLC boosted its holdings in Hudson Pacific Properties by 34.6% in the fourth quarter. ProShare Advisors LLC now owns 38,521 shares of the real estate investment trust’s stock valued at $117,000 after purchasing an additional 9,905 shares during the last quarter. Point72 Asset Management L.P. purchased a new stake in Hudson Pacific Properties in the fourth quarter valued at $773,000. Finally, Saba Capital Management L.P. boosted its holdings in Hudson Pacific Properties by 105.2% in the fourth quarter. Saba Capital Management L.P. now owns 1,790,762 shares of the real estate investment trust’s stock valued at $5,426,000 after purchasing an additional 918,045 shares during the last quarter. 97.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. BTIG Research lowered their price target on shares of Hudson Pacific Properties from $8.00 to $4.75 and set a “buy” rating on the stock in a report on Wednesday, June 25th. Odeon Capital Group assumed coverage on shares of Hudson Pacific Properties in a research note on Monday, June 16th. They set a “buy” rating and a $5.00 target price on the stock. BMO Capital Markets lowered their target price on shares of Hudson Pacific Properties from $4.00 to $3.50 and set an “outperform” rating on the stock in a research note on Friday, June 13th. Piper Sandler set a $2.00 target price on shares of Hudson Pacific Properties and gave the stock a “neutral” rating in a research note on Friday, May 23rd. Finally, Wells Fargo & Company lowered their target price on shares of Hudson Pacific Properties from $3.40 to $3.10 and set an “overweight” rating on the stock in a research note on Wednesday, August 27th. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Hudson Pacific Properties has an average rating of “Hold” and an average target price of $3.11.

Hudson Pacific Properties Trading Up 0.2%

Shares of Hudson Pacific Properties stock opened at $2.96 on Friday. The firm has a market capitalization of $1.12 billion, a PE ratio of -1.05 and a beta of 1.63. Hudson Pacific Properties, Inc. has a twelve month low of $1.78 and a twelve month high of $5.56. The firm’s 50-day moving average price is $2.68 and its 200 day moving average price is $2.56. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 1.17.

Hudson Pacific Properties (NYSE:HPP) last issued its quarterly earnings results on Tuesday, August 5th. The real estate investment trust reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The firm had revenue of $190.00 million for the quarter, compared to analyst estimates of $196.27 million. Hudson Pacific Properties had a negative net margin of 53.76% and a negative return on equity of 15.10%. Hudson Pacific Properties has set its Q3 2025 guidance at 0.010-0.05 EPS. On average, sell-side analysts predict that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current fiscal year.

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.