Nisa Investment Advisors LLC Cuts Holdings in Hudson Pacific Properties, Inc. $HPP

Nisa Investment Advisors LLC trimmed its holdings in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) by 97.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,797 shares of the real estate investment trust’s stock after selling 184,706 shares during the period. Nisa Investment Advisors LLC’s holdings in Hudson Pacific Properties were worth $52,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Pensionfund Sabic purchased a new stake in Hudson Pacific Properties during the 4th quarter valued at $59,000. Evergreen Capital Management LLC purchased a new stake in Hudson Pacific Properties during the 2nd quarter valued at $28,000. Orion Porfolio Solutions LLC purchased a new stake in Hudson Pacific Properties during the 3rd quarter valued at $28,000. Ethic Inc. purchased a new stake in Hudson Pacific Properties during the 3rd quarter valued at $28,000. Finally, Discipline Wealth Solutions LLC purchased a new stake in Hudson Pacific Properties during the 3rd quarter valued at $30,000. 97.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on HPP shares. Wall Street Zen upgraded Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of Hudson Pacific Properties in a report on Monday, December 29th. Cantor Fitzgerald lowered their price target on Hudson Pacific Properties from $13.00 to $10.00 and set an “overweight” rating on the stock in a report on Monday, March 2nd. BTIG Research set a $26.00 price target on Hudson Pacific Properties and gave the company a “buy” rating in a report on Friday, January 2nd. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Hudson Pacific Properties in a report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Hudson Pacific Properties currently has a consensus rating of “Hold” and an average price target of $14.11.

Hudson Pacific Properties Price Performance

NYSE HPP opened at $6.27 on Wednesday. The business’s fifty day moving average price is $6.73 and its 200-day moving average price is $11.64. The stock has a market capitalization of $339.81 million, a price-to-earnings ratio of -0.48, a PEG ratio of 0.59 and a beta of 1.51. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.78 and a quick ratio of 1.78. Hudson Pacific Properties, Inc. has a 1-year low of $5.26 and a 1-year high of $21.70.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings results on Thursday, February 26th. The real estate investment trust reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.01. The firm had revenue of $256.03 million for the quarter, compared to analysts’ expectations of $168.02 million. Hudson Pacific Properties had a negative return on equity of 19.89% and a negative net margin of 69.12%.Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. On average, equities analysts predict that Hudson Pacific Properties, Inc. will post 0.45 earnings per share 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.