Envestnet Portfolio Solutions Inc. Makes New $29,000 Investment in Hudson Pacific Properties, Inc. $HPP

Envestnet Portfolio Solutions Inc. bought a new position in Hudson Pacific Properties, Inc. (NYSE:HPP) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,443 shares of the real estate investment trust’s stock, valued at approximately $29,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of Hudson Pacific Properties by 10.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 6,241,593 shares of the real estate investment trust’s stock valued at $18,413,000 after purchasing an additional 573,233 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Hudson Pacific Properties in the first quarter valued at $10,333,000. Presima Securities ULC lifted its holdings in shares of 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 valued at $8,159,000 after purchasing an additional 260,793 shares in the last quarter. Conversant Capital LLC purchased a new stake in shares of Hudson Pacific Properties in the first quarter valued at $8,019,000. Finally, Davis Selected Advisers lifted its holdings in shares of Hudson Pacific Properties by 0.7% in the first quarter. Davis Selected Advisers now owns 2,296,963 shares of the real estate investment trust’s stock valued at $6,776,000 after purchasing an additional 16,000 shares in the last quarter. 97.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Cantor Fitzgerald assumed coverage on shares of Hudson Pacific Properties in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $3.50 price target on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hudson Pacific Properties in a research note on Tuesday, October 14th. The Goldman Sachs Group upped their price target on shares of Hudson Pacific Properties from $2.80 to $3.20 and gave the stock a “neutral” rating in a research note on Wednesday, September 17th. Wells Fargo & Company dropped their price target 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. Finally, Jefferies Financial Group lowered their target price on shares of Hudson Pacific Properties from $2.50 to $2.40 and set a “hold” rating on the stock in a research report on Monday, October 13th. Five analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Hudson Pacific Properties has a consensus rating of “Hold” and an average price target of $3.13.

Hudson Pacific Properties Stock Performance

HPP stock opened at $2.53 on Friday. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.18 and a quick ratio of 2.18. The company has a 50 day moving average price of $2.73 and a 200 day moving average price of $2.52. Hudson Pacific Properties, Inc. has a fifty-two week low of $1.78 and a fifty-two week high of $4.70. The stock has a market capitalization of $957.35 million, a PE ratio of -0.90 and a beta of 1.64.

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

Hudson Pacific Properties Profile

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.