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

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have been assigned an average rating of “Hold” from the fourteen ratings firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $13.7417.

A number of equities analysts have recently weighed in on the company. Zacks Research raised Hudson Pacific Properties from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 5th. BTIG Research set a $26.00 price target on shares of Hudson Pacific Properties and gave the company a “buy” rating in a research report on Friday, January 2nd. Citigroup boosted their price target on shares of Hudson Pacific Properties from $7.00 to $8.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Cantor Fitzgerald lowered their price objective on shares of Hudson Pacific Properties from $13.00 to $10.00 and set an “overweight” rating on the stock in a report on Monday, March 2nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hudson Pacific Properties in a research note on Monday, December 29th.

Hedge Funds Weigh In On Hudson Pacific Properties

Large investors have recently added to or reduced their stakes in the business. Xponance Inc. boosted its stake in Hudson Pacific Properties by 19.9% during the 3rd quarter. Xponance Inc. now owns 29,100 shares of the real estate investment trust’s stock valued at $80,000 after purchasing an additional 4,821 shares during the last quarter. Pensionfund Sabic purchased a new stake in shares of Hudson Pacific Properties in the fourth quarter worth approximately $59,000. Envestnet Asset Management Inc. lifted its holdings in shares of Hudson Pacific Properties by 1.0% in the third quarter. Envestnet Asset Management Inc. now owns 576,274 shares of the real estate investment trust’s stock valued at $1,591,000 after purchasing an additional 5,544 shares in the last quarter. Ballentine Partners LLC lifted its holdings in shares of Hudson Pacific Properties by 25.4% in the third quarter. Ballentine Partners LLC now owns 28,201 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 5,709 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Hudson Pacific Properties by 41.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 25,269 shares of the real estate investment trust’s stock valued at $68,000 after buying an additional 7,453 shares during the last quarter. Institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties Stock Performance

NYSE:HPP opened at $6.10 on Friday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 1.25. Hudson Pacific Properties has a twelve month low of $5.33 and a twelve month high of $22.89. The company has a fifty day moving average of $7.31 and a 200-day moving average of $12.46. The firm has a market capitalization of $330.65 million, a P/E ratio of -0.47, a P/E/G ratio of 0.59 and a beta of 1.50.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings data on Thursday, February 26th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. Hudson Pacific Properties had a negative net margin of 69.12% and a negative return on equity of 19.89%. The company had revenue of $256.03 million for the quarter, compared to analysts’ expectations of $168.02 million. Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. As a group, sell-side analysts anticipate that Hudson Pacific Properties will post 0.45 EPS for the current year.

About Hudson Pacific Properties

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.