Morgan Stanley Issues Positive Forecast for Hudson Pacific Properties (NYSE:HPP) Stock Price

Hudson Pacific Properties (NYSE:HPP) had its price objective lifted by Morgan Stanley to $14.00 in a research report sent to investors on Tuesday morning,Benzinga reports. Morgan Stanley currently has an underweight rating on the real estate investment trust’s stock.

Other equities analysts have also recently issued reports about the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hudson Pacific Properties in a report on Monday, November 24th. Cantor Fitzgerald decreased their target price on shares of Hudson Pacific Properties from $24.50 to $21.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Wells Fargo & Company set a $2.60 target price on Hudson Pacific Properties in a research report on Tuesday, November 25th. The Goldman Sachs Group set a $19.25 target price on shares of Hudson Pacific Properties and gave the stock a “neutral” rating in a research report on Tuesday, November 25th. Finally, Citigroup reduced their price target on shares of Hudson Pacific Properties from $20.30 to $13.30 and set a “neutral” rating on the stock in a report on Monday, November 24th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $19.69.

Hudson Pacific Properties Price Performance

Shares of NYSE:HPP opened at $14.18 on Tuesday. The firm’s 50 day moving average price is $16.21 and its 200-day moving average price is $17.41. 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 stock has a market capitalization of $5.38 billion, a PE ratio of -5.04 and a beta of 1.45. Hudson Pacific Properties has a twelve month low of $11.69 and a twelve month high of $27.06.

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

Hedge Funds Weigh In On Hudson Pacific Properties

A number of institutional investors and hedge funds have recently made changes to their positions in HPP. US Bancorp DE raised its position in shares of Hudson Pacific Properties by 1,053.7% during the 1st quarter. US Bancorp DE now owns 9,772 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 8,925 shares in the last quarter. Abel Hall LLC bought a new stake in Hudson Pacific Properties during the second quarter worth approximately $28,000. Evergreen Capital Management LLC bought a new stake in Hudson Pacific Properties during the second quarter worth approximately $28,000. Orion Porfolio Solutions LLC purchased a new stake in Hudson Pacific Properties during the third quarter valued at approximately $28,000. Finally, Ethic Inc. bought a new stake in shares of Hudson Pacific Properties in the 3rd quarter valued at approximately $28,000. 97.58% of the stock is owned by hedge funds and other institutional investors.

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.