Piper Sandler Issues Positive Forecast for Hudson Pacific Properties (NYSE:HPP) Stock Price

Hudson Pacific Properties (NYSE:HPP) had its price target boosted by Piper Sandler from $12.00 to $16.00 in a research report released on Tuesday,Benzinga reports. Piper Sandler currently has a neutral rating on the real estate investment trust’s stock.

A number of other equities research analysts also recently commented on HPP. Citigroup reaffirmed a “neutral” rating and issued a $13.00 target price (up from $8.00) on shares of Hudson Pacific Properties in a research report on Thursday, May 14th. Mizuho raised their target price on shares of Hudson Pacific Properties from $15.00 to $17.00 and gave the stock a “neutral” rating in a research note on Tuesday. Morgan Stanley lowered their price objective on Hudson Pacific Properties from $8.00 to $5.00 and set an “underweight” rating on the stock in a research report on Tuesday, March 31st. Wall Street Zen raised Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $16.00 target price (up from $8.00) on shares of Hudson Pacific Properties in a research report on Monday, June 15th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $13.98.

Hudson Pacific Properties Trading Down 1.6%

Shares of NYSE HPP opened at $14.52 on Tuesday. Hudson Pacific Properties has a 52-week low of $5.26 and a 52-week high of $21.70. The company has a market cap of $787.40 million, a PE ratio of -1.44, a P/E/G ratio of 1.18 and a beta of 1.89. The firm’s 50 day moving average price is $14.06 and its 200-day moving average price is $10.03. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.65 and a current ratio of 1.65.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.92) by $0.10. The business had revenue of $181.85 million for the quarter, compared to analysts’ expectations of $175.12 million. Hudson Pacific Properties had a negative return on equity of 19.05% and a negative net margin of 67.89%.Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. On average, equities research analysts expect that Hudson Pacific Properties will post 1.05 EPS for the current fiscal year.

Institutional Trading of Hudson Pacific Properties

Several hedge funds and other institutional investors have recently bought and sold shares of HPP. Evergreen Capital Management LLC purchased a new stake in shares of Hudson Pacific Properties in the second quarter valued at $28,000. Orion Porfolio Solutions LLC bought a new position in Hudson Pacific Properties in the 3rd quarter valued at $28,000. United Capital Financial Advisors LLC purchased a new stake in Hudson Pacific Properties in the third quarter worth $30,000. Integrated Wealth Concepts LLC purchased a new stake in Hudson Pacific Properties in the third quarter worth $32,000. Finally, Allied Private Wealth LLC bought a new stake in shares of Hudson Pacific Properties during the second quarter worth $33,000. Hedge funds and other institutional investors own 97.58% of the company’s stock.

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.