Oppenheimer Asset Management Inc. Takes $366,000 Position in Hudson Pacific Properties, Inc. $HPP

Oppenheimer Asset Management Inc. acquired a new stake in Hudson Pacific Properties, Inc. (NYSE:HPP) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 133,587 shares of the real estate investment trust’s stock, valued at approximately $366,000.

Several other hedge funds also recently modified their holdings of the business. Resona Asset Management Co. Ltd. lifted its stake in shares of Hudson Pacific Properties by 8.8% in the first quarter. Resona Asset Management Co. Ltd. now owns 62,503 shares of the real estate investment trust’s stock valued at $186,000 after buying an additional 5,051 shares during the period. Winslow Asset Management Inc. lifted its stake in shares of Hudson Pacific Properties by 15.8% in the first quarter. Winslow Asset Management Inc. now owns 49,030 shares of the real estate investment trust’s stock valued at $145,000 after buying an additional 6,685 shares during the period. Ballentine Partners LLC lifted its stake in shares of Hudson Pacific Properties by 52.0% in the second quarter. Ballentine Partners LLC now owns 22,492 shares of the real estate investment trust’s stock valued at $62,000 after buying an additional 7,690 shares during the period. DekaBank Deutsche Girozentrale lifted its stake in shares of Hudson Pacific Properties by 25.4% in the first quarter. DekaBank Deutsche Girozentrale now owns 41,563 shares of the real estate investment trust’s stock valued at $122,000 after buying an additional 8,430 shares during the period. Finally, CWM LLC lifted its stake in shares of Hudson Pacific Properties by 53.0% in the second quarter. CWM LLC now owns 24,393 shares of the real estate investment trust’s stock valued at $67,000 after buying an additional 8,449 shares during the period. 97.58% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. New Street Research set a $2.40 target price on Hudson Pacific Properties in a research report on Monday, October 13th. The Goldman Sachs Group raised their target price on Hudson Pacific Properties from $2.80 to $3.20 and gave the stock a “neutral” rating in a research report on Wednesday, September 17th. Wells Fargo & Company reduced their target price on Hudson Pacific Properties from $3.40 to $3.10 and set an “overweight” rating for the company in a research report on Wednesday, August 27th. Jefferies Financial Group reduced their target price on Hudson Pacific Properties from $2.50 to $2.40 and set a “hold” rating for the company in a research report on Monday, October 13th. Finally, Cantor Fitzgerald assumed coverage on Hudson Pacific Properties in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $3.50 target price for the company. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $3.13.

Hudson Pacific Properties Price Performance

Shares of HPP stock opened at $2.45 on Monday. The stock has a 50-day moving average price of $2.71 and a 200 day moving average price of $2.53. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 1.17. The firm has a market cap of $927.02 million, a price-to-earnings ratio of -0.87 and a beta of 1.64. Hudson Pacific Properties, Inc. has a 12 month low of $1.78 and a 12 month high of $4.67.

Hudson Pacific Properties (NYSE:HPP) last released its earnings results on Tuesday, August 5th. The real estate investment trust reported $0.04 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $190.00 million during the quarter, compared to analyst estimates of $196.27 million. Hudson Pacific Properties has set its Q3 2025 guidance at 0.010-0.05 EPS. Research analysts expect that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current year.

Hudson Pacific Properties Company 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.