Inspire Investing LLC Sells 23,124 Shares of Hudson Pacific Properties, Inc. $HPP

Inspire Investing LLC lowered its stake in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) by 16.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 116,108 shares of the real estate investment trust’s stock after selling 23,124 shares during the quarter. Inspire Investing LLC owned 0.08% of Hudson Pacific Properties worth $343,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Strs Ohio bought a new position in shares of Hudson Pacific Properties during the 1st quarter valued at approximately $73,000. IFM Investors Pty Ltd bought a new position in shares of Hudson Pacific Properties during the 1st quarter valued at approximately $93,000. Caxton Associates LLP bought a new position in Hudson Pacific Properties in the 1st quarter valued at $82,000. Presima Securities ULC increased its stake in Hudson Pacific Properties by 10.4% in the first quarter. Presima Securities ULC now owns 2,765,776 shares of the real estate investment trust’s stock worth $8,159,000 after purchasing an additional 260,793 shares during the period. Finally, AQR Capital Management LLC increased its stake 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 purchasing an additional 203,283 shares during the period. Institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties Price Performance

Shares of NYSE HPP opened at $2.87 on Wednesday. Hudson Pacific Properties, Inc. has a 52 week low of $1.78 and a 52 week high of $5.56. The firm has a market cap of $1.09 billion, a P/E ratio of -1.02 and a beta of 1.63. The business’s 50 day moving average price is $2.69 and its 200 day moving average price is $2.55. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 1.17.

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on HPP. Wells Fargo & Company reduced their target price on 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. Odeon Capital Group began coverage on Hudson Pacific Properties in a research note on Monday, June 16th. They issued a “buy” rating and a $5.00 target price on the stock. Piper Sandler set a $2.00 target price on Hudson Pacific Properties and gave the stock a “neutral” rating in a research note on Friday, May 23rd. BTIG Research reduced their target price on Hudson Pacific Properties from $8.00 to $4.75 and set a “buy” rating on the stock in a research note on Wednesday, June 25th. Finally, BMO Capital Markets reduced their target price on 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. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $3.11.

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.