Hudson Pacific Properties, Inc. $HPP Holdings Decreased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. trimmed its position in Hudson Pacific Properties, Inc. (NYSE:HPP) by 85.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 81,970 shares of the real estate investment trust’s stock after selling 491,830 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.15% of Hudson Pacific Properties worth $888,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in HPP. Balyasny Asset Management L.P. increased its holdings in shares of Hudson Pacific Properties by 122.4% in the 2nd quarter. Balyasny Asset Management L.P. now owns 15,712,981 shares of the real estate investment trust’s stock valued at $43,054,000 after acquiring an additional 8,646,463 shares during the last quarter. Conversant Capital LLC increased its holdings in shares of Hudson Pacific Properties by 293.6% in the 2nd quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock valued at $29,318,000 after acquiring an additional 7,981,580 shares during the last quarter. Sei Investments Co. increased its holdings in shares of Hudson Pacific Properties by 18,343.2% in the 2nd quarter. Sei Investments Co. now owns 5,571,688 shares of the real estate investment trust’s stock valued at $15,266,000 after acquiring an additional 5,541,478 shares during the last quarter. UBS Group AG increased its holdings in shares of Hudson Pacific Properties by 657.0% in the 3rd quarter. UBS Group AG now owns 5,617,697 shares of the real estate investment trust’s stock valued at $15,505,000 after acquiring an additional 4,875,549 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Hudson Pacific Properties by 14.3% in the 3rd quarter. Vanguard Group Inc. now owns 38,453,976 shares of the real estate investment trust’s stock valued at $106,133,000 after acquiring an additional 4,815,234 shares during the last quarter. 97.58% of the stock is currently owned by institutional investors.

Hudson Pacific Properties Price Performance

Shares of HPP opened at $13.77 on Friday. The company has a market cap of $746.70 million, a P/E ratio of -1.36, a PEG ratio of 1.12 and a beta of 1.94. The stock has a fifty day moving average price of $9.29 and a 200 day moving average price of $9.40. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.65 and a quick ratio of 1.65. Hudson Pacific Properties, Inc. has a 12 month low of $5.26 and a 12 month high of $21.70.

Hudson Pacific Properties (NYSE:HPP) last issued its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported ($0.82) EPS for the quarter, topping analysts’ consensus estimates of ($0.92) by $0.10. The firm had revenue of $181.85 million during the quarter, compared to the consensus estimate 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, research analysts forecast that Hudson Pacific Properties, Inc. will post 1.06 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on HPP. Piper Sandler reiterated a “neutral” rating and issued a $12.00 price target (up from $6.50) on shares of Hudson Pacific Properties in a report on Thursday, May 28th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $12.00 price target (up from $7.50) on shares of Hudson Pacific Properties in a report on Tuesday, May 19th. Jefferies Financial Group set a $8.00 price target on Hudson Pacific Properties and gave the company a “hold” rating in a report on Friday, March 6th. Wells Fargo & Company upped their price objective on Hudson Pacific Properties from $13.50 to $14.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Finally, Wall Street Zen downgraded Hudson Pacific Properties from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Hudson Pacific Properties currently has an average rating of “Hold” and a consensus target price of $14.82.

Hudson Pacific Properties 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.