XTX Topco Ltd Boosts Stock Holdings in Hudson Pacific Properties, Inc. (NYSE:HPP)

XTX Topco Ltd boosted its stake in Hudson Pacific Properties, Inc. (NYSE:HPP) by 122.4% during the 4th quarter, Holdings Channel reports. The firm owned 201,911 shares of the real estate investment trust’s stock after buying an additional 111,104 shares during the quarter. XTX Topco Ltd’s holdings in Hudson Pacific Properties were worth $612,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in HPP. Stifel Financial Corp purchased a new stake in shares of Hudson Pacific Properties in the third quarter worth about $48,000. Public Employees Retirement System of Ohio boosted its position in shares of Hudson Pacific Properties by 11.7% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 212,406 shares of the real estate investment trust’s stock valued at $1,015,000 after acquiring an additional 22,167 shares during the last quarter. Barclays PLC grew its holdings in shares of Hudson Pacific Properties by 120.9% in the third quarter. Barclays PLC now owns 244,222 shares of the real estate investment trust’s stock valued at $1,168,000 after purchasing an additional 133,673 shares in the last quarter. Geode Capital Management LLC increased its position in Hudson Pacific Properties by 4.7% in the third quarter. Geode Capital Management LLC now owns 3,426,417 shares of the real estate investment trust’s stock worth $16,381,000 after purchasing an additional 154,101 shares during the last quarter. Finally, Green Alpha Advisors LLC raised its stake in Hudson Pacific Properties by 77.7% during the fourth quarter. Green Alpha Advisors LLC now owns 521,592 shares of the real estate investment trust’s stock valued at $1,580,000 after purchasing an additional 228,079 shares in the last quarter. Institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties Trading Up 2.0 %

Shares of HPP opened at $2.29 on Friday. The firm has a market capitalization of $322.99 million, a price-to-earnings ratio of -0.89 and a beta of 1.30. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.26 and a quick ratio of 1.26. Hudson Pacific Properties, Inc. has a 1-year low of $2.00 and a 1-year high of $6.29. The company has a 50-day moving average of $2.79 and a 200 day moving average of $3.32.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The firm had revenue of $209.67 million during the quarter, compared to the consensus estimate of $207.95 million. Hudson Pacific Properties had a negative net margin of 44.01% and a negative return on equity of 12.64%. On average, research analysts expect that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current year.

Analyst Ratings Changes

HPP has been the topic of a number of research reports. Morgan Stanley restated an “underweight” rating and issued a $1.75 target price on shares of Hudson Pacific Properties in a report on Tuesday. Jefferies Financial Group initiated coverage on Hudson Pacific Properties in a research note on Monday, March 17th. They issued a “hold” rating and a $2.70 price objective for the company. Mizuho cut their target price on Hudson Pacific Properties from $5.00 to $3.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. BMO Capital Markets upgraded Hudson Pacific Properties from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $4.00 to $5.00 in a research report on Friday, March 28th. Finally, Wells Fargo & Company upgraded shares of Hudson Pacific Properties from an “equal weight” rating to an “overweight” rating and set a $4.00 price objective on the stock in a research report on Monday, March 10th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $3.26.

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.