Hudson Pacific Properties (NYSE:HPP) Price Target Raised to $14.00

Hudson Pacific Properties (NYSE:HPP) had its target price lifted by Morgan Stanley to $14.00 in a research report sent to investors on Tuesday,Benzinga reports. Morgan Stanley currently has an underweight rating on the real estate investment trust’s stock.

HPP has been the subject of a number of other research reports. Jefferies Financial Group dropped their price objective on shares of Hudson Pacific Properties from $17.50 to $16.80 and set a “hold” rating for the company in a research note on Monday, October 13th. Citigroup lowered their target price 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 cut their price target on shares of Hudson Pacific Properties from $21.00 to $17.50 and set a “neutral” rating on the stock in a research note on Monday, November 10th. The Goldman Sachs Group set a $19.25 price target on shares of Hudson Pacific Properties and gave the company a “neutral” rating in a report on Tuesday, November 25th. Finally, New Street Research set a $16.80 price objective on Hudson Pacific Properties in a report on Monday, October 13th. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $19.69.

Hudson Pacific Properties Trading Down 2.6%

Shares of HPP opened at $13.58 on Tuesday. Hudson Pacific Properties has a fifty-two week low of $11.69 and a fifty-two week high of $27.06. The company has a market capitalization of $736.23 million, a PE ratio of -0.80 and a beta of 1.45. The stock has a fifty day moving average of $16.35 and a two-hundred day moving average of $17.45. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.78 and a current ratio of 1.78.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.02. The business had revenue of $186.62 million for the quarter, compared to analysts’ expectations of $186.05 million. Hudson Pacific Properties had a negative return on equity of 16.24% and a negative net margin of 59.61%.Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. As a group, analysts forecast that Hudson Pacific Properties will post 0.45 EPS for the current year.

Institutional Trading of Hudson Pacific Properties

A number of institutional investors have recently added to or reduced their stakes in HPP. Allspring Global Investments Holdings LLC acquired a new stake in shares of Hudson Pacific Properties in the second quarter valued at about $729,000. Public Employees Retirement System of Ohio lifted its position in Hudson Pacific Properties by 133.6% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 500,928 shares of the real estate investment trust’s stock worth $1,373,000 after acquiring an additional 286,477 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in Hudson Pacific Properties in the 2nd quarter worth approximately $29,000. Ieq Capital LLC boosted its holdings in Hudson Pacific Properties by 73.0% in the 1st quarter. Ieq Capital LLC now owns 33,782 shares of the real estate investment trust’s stock worth $100,000 after acquiring an additional 14,257 shares during the period. Finally, Russell Investments Group Ltd. grew its position in Hudson Pacific Properties by 1,150.4% in the first quarter. Russell Investments Group Ltd. now owns 260,599 shares of the real estate investment trust’s stock valued at $769,000 after acquiring an additional 239,758 shares in the last quarter. 97.58% of the stock is owned by hedge funds and other institutional investors.

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.