Hudson Pacific Properties, Inc. (NYSE:HPP) Receives Average Rating of “Hold” from Brokerages

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have been given an average recommendation of “Hold” by the thirteen analysts that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $3.1333.

A number of analysts have commented on HPP shares. Wells Fargo & Company decreased their price target on shares of Hudson Pacific Properties from $3.40 to $3.10 and set an “overweight” rating for the company in a research note on Wednesday, August 27th. The Goldman Sachs Group lifted their price objective on shares of Hudson Pacific Properties from $2.80 to $3.20 and gave the company a “neutral” rating in a report on Wednesday, September 17th. 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 report on Monday, October 13th. Piper Sandler dropped their price target on shares of Hudson Pacific Properties from $3.00 to $2.50 and set a “neutral” rating on the stock in a research report on Monday, November 10th. Finally, New Street Research set a $2.40 price objective on Hudson Pacific Properties in a report on Monday, October 13th.

Institutional Investors Weigh In On Hudson Pacific Properties

Several institutional investors have recently bought and sold shares of HPP. Vanguard Group Inc. lifted its stake in Hudson Pacific Properties by 14.3% during the 3rd quarter. Vanguard Group Inc. now owns 38,453,976 shares of the real estate investment trust’s stock valued at $106,133,000 after acquiring an additional 4,815,234 shares in the last quarter. Balyasny Asset Management L.P. raised its holdings in shares of Hudson Pacific Properties by 122.4% in the second quarter. Balyasny Asset Management L.P. now owns 15,712,981 shares of the real estate investment trust’s stock valued at $43,054,000 after purchasing an additional 8,646,463 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Hudson Pacific Properties by 20.1% in the third quarter. Principal Financial Group Inc. now owns 12,196,771 shares of the real estate investment trust’s stock valued at $33,663,000 after purchasing an additional 2,039,627 shares during the last quarter. Conversant Capital LLC lifted its position in shares of Hudson Pacific Properties by 293.6% during the second quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock valued at $29,318,000 after purchasing an additional 7,981,580 shares in the last quarter. Finally, Prudential Financial Inc. boosted its holdings in Hudson Pacific Properties by 357.1% during the second quarter. Prudential Financial Inc. now owns 10,686,082 shares of the real estate investment trust’s stock worth $29,280,000 after purchasing an additional 8,348,371 shares during the last quarter. Institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties Price Performance

Shares of NYSE HPP opened at $1.74 on Friday. The firm has a market capitalization of $658.43 million, a P/E ratio of -0.62 and a beta of 1.62. The firm’s 50-day moving average price is $2.47 and its 200-day moving average price is $2.51. 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 has a 1-year low of $1.67 and a 1-year high of $3.96.

Hudson Pacific Properties’s stock is scheduled to reverse split before the market opens on Monday, December 1st. The 1-7 reverse split was announced on Monday, November 17th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, November 28th.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.04 EPS for the quarter, beating the consensus estimate of $0.02 by $0.02. Hudson Pacific Properties had a negative return on equity of 15.10% and a negative net margin of 53.76%.The firm had revenue of $186.62 million during the quarter, compared to the consensus estimate of $186.05 million. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. Equities research analysts anticipate that Hudson Pacific Properties will post 0.45 earnings per share 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.