Hudson Pacific Properties, Inc. (NYSE:HPP) Receives $14.82 Average PT from Brokerages

Hudson Pacific Properties, Inc. (NYSE:HPP) has earned an average recommendation of “Hold” from the thirteen analysts that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $14.8167.

HPP has been the topic of several recent research reports. Wall Street Zen lowered Hudson Pacific Properties from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. BMO Capital Markets restated a “market perform” rating on shares of Hudson Pacific Properties in a research report on Thursday, February 26th. Zacks Research upgraded Hudson Pacific Properties from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 3rd. BTIG Research restated a “buy” rating and set a $26.00 price target on shares of Hudson Pacific Properties in a research report on Wednesday, May 6th. Finally, Cantor Fitzgerald reduced their price target on Hudson Pacific Properties from $13.00 to $10.00 and set an “overweight” rating on the stock in a research report on Monday, March 2nd.

Hedge Funds Weigh In On Hudson Pacific Properties

Several institutional investors and hedge funds have recently bought and sold shares of HPP. Evergreen Capital Management LLC bought a new position in Hudson Pacific Properties during the 2nd quarter worth approximately $28,000. Orion Porfolio Solutions LLC purchased a new stake in Hudson Pacific Properties in the 3rd quarter worth approximately $28,000. United Capital Financial Advisors LLC purchased a new stake in Hudson Pacific Properties in the 3rd quarter worth approximately $30,000. Integrated Wealth Concepts LLC purchased a new stake in Hudson Pacific Properties in the 3rd quarter worth approximately $32,000. Finally, US Bancorp DE lifted its holdings in Hudson Pacific Properties by 196.2% in the 3rd quarter. US Bancorp DE now owns 12,485 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 8,270 shares during the period. 97.58% of the stock is currently owned by institutional investors.

Hudson Pacific Properties Price Performance

Shares of Hudson Pacific Properties stock opened at $15.27 on Wednesday. The business’s 50-day moving average price is $10.23 and its 200-day moving average price is $9.47. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.28. Hudson Pacific Properties has a 12 month low of $5.26 and a 12 month high of $21.70. The firm has a market capitalization of $828.03 million, a PE ratio of -1.51, a price-to-earnings-growth ratio of 1.22 and a beta of 1.94.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.92) by $0.10. Hudson Pacific Properties had a negative return on equity of 19.05% and a negative net margin of 67.89%.The business had revenue of $181.85 million for the quarter, compared to analyst estimates of $175.12 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. Sell-side analysts forecast that Hudson Pacific Properties will post 1.06 EPS for the current fiscal year.

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.