Hudson Pacific Properties (NYSE:HPP) Stock Price Up 617.9% on Analyst Upgrade

Hudson Pacific Properties, Inc. (NYSE:HPP) shares traded up 617.9% during mid-day trading on Tuesday after Morgan Stanley raised their price target on the stock to $14.00. Morgan Stanley currently has an underweight rating on the stock. Hudson Pacific Properties traded as high as $14.9504 and last traded at $14.2140. 83,779 shares were traded during mid-day trading, a decline of 89% from the average session volume of 773,387 shares. The stock had previously closed at $1.98.

Other equities analysts also recently issued reports about the company. The Goldman Sachs Group set a $19.25 price objective on Hudson Pacific Properties and gave the stock a “neutral” rating in a research report on Tuesday, November 25th. Citigroup lowered their price target on shares of Hudson Pacific Properties from $20.30 to $13.30 and set a “neutral” rating for the company in a report on Monday, November 24th. Piper Sandler dropped their price target on shares of Hudson Pacific Properties from $21.00 to $17.50 and set a “neutral” rating on the stock in a research report on Monday, November 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hudson Pacific Properties in a research note on Monday, November 24th. Finally, New Street Research set a $16.80 target price on shares of Hudson Pacific Properties in a research note on Monday, October 13th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Hudson Pacific Properties has an average rating of “Hold” and an average price target of $19.69.

Hedge Funds Weigh In On Hudson Pacific Properties

Institutional investors and hedge funds have recently modified their holdings of the business. Balyasny Asset Management L.P. increased its stake in shares of Hudson Pacific Properties by 122.4% in the 2nd 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 acquiring an additional 8,646,463 shares in the last quarter. Prudential Financial Inc. boosted its stake 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 acquiring an additional 8,348,371 shares in the last quarter. Conversant Capital LLC grew its holdings in Hudson Pacific Properties by 293.6% in the second quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock worth $29,318,000 after purchasing an additional 7,981,580 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Hudson Pacific Properties in the second quarter worth $21,422,000. Finally, Sei Investments Co. increased its stake in Hudson Pacific Properties by 18,343.2% in the second quarter. Sei Investments Co. now owns 5,571,688 shares of the real estate investment trust’s stock valued at $15,266,000 after purchasing an additional 5,541,478 shares in the last quarter. 97.58% of the stock is currently owned by institutional investors.

Hudson Pacific Properties Stock Up 2.3%

The firm’s fifty day moving average price is $16.21 and its two-hundred day moving average price is $17.41. The stock has a market cap of $5.38 billion, a price-to-earnings ratio of -5.04 and a beta of 1.45. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.18 and a quick ratio of 2.18.

Hudson Pacific Properties (NYSE:HPP) last issued its earnings results 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 company 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. Sell-side analysts forecast that Hudson Pacific Properties, Inc. will post 0.45 earnings per share for the current fiscal 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.