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

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have received an average rating of “Hold” from the fifteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $16.3077.

HPP has been the subject of several research reports. New Street Research set a $16.80 target price on Hudson Pacific Properties in a research report on Monday, October 13th. Morgan Stanley increased their price target on shares of Hudson Pacific Properties to $14.00 and gave the stock an “underweight” rating in a research report on Tuesday, December 2nd. Citigroup dropped their price objective 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 reaffirmed a “neutral” rating and set a $11.00 target price on shares of Hudson Pacific Properties in a research note on Monday, January 5th. Finally, Mizuho reduced their target price on shares of Hudson Pacific Properties from $21.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday, December 12th.

Hudson Pacific Properties Trading Down 3.4%

NYSE HPP opened at $9.73 on Friday. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.78 and a quick ratio of 1.78. The stock has a market capitalization of $527.82 million, a P/E ratio of -0.57 and a beta of 1.49. The firm’s 50-day moving average is $12.69 and its two-hundred day moving average is $16.62. Hudson Pacific Properties has a 12 month low of $9.54 and a 12 month high of $24.01.

Hudson Pacific Properties (NYSE:HPP) last announced its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. Hudson Pacific Properties had a negative net margin of 59.61% and a negative return on equity of 16.24%. 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. On average, sell-side analysts anticipate that Hudson Pacific Properties will post 0.45 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in Hudson Pacific Properties by 38.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,320,823 shares of the real estate investment trust’s stock worth $11,925,000 after purchasing an additional 1,192,974 shares in the last quarter. Hudson Bay Capital Management LP boosted its stake in shares of Hudson Pacific Properties by 1.0% in the 3rd quarter. Hudson Bay Capital Management LP now owns 6,987,635 shares of the real estate investment trust’s stock valued at $19,286,000 after buying an additional 68,089 shares during the period. Swiss Life Asset Management Ltd purchased a new position in shares of Hudson Pacific Properties in the 3rd quarter valued at about $39,000. CIBC Bancorp USA Inc. acquired a new position in shares of Hudson Pacific Properties during the third quarter worth about $109,000. Finally, Connective Capital Management LLC purchased a new stake in shares of Hudson Pacific Properties during the third quarter worth approximately $242,000. 97.58% of the stock is currently owned by hedge funds and other institutional investors.

Hudson Pacific Properties Company Profile

Hudson Pacific Properties (NYSE: HPP) is a self-managed real estate investment trust focused on the acquisition, development and management of high-quality office and studio properties. The company’s portfolio spans strategic West Coast markets in the United States and key markets in Canada, providing space for technology, media and creative companies as well as major film and television producers. As an owner and operator of both traditional office buildings and specialized production facilities, Hudson Pacific seeks to deliver stable income through long-term leases and strategic property enhancements.

In its office segment, Hudson Pacific targets markets with strong job growth and limited supply, including Los Angeles, Silicon Valley, San Diego and Seattle, as well as Vancouver, British Columbia.