Hudson Pacific Properties (NYSE:HPP) Stock Price Down 8.9% – Time to Sell?

Hudson Pacific Properties, Inc. (NYSE:HPP)’s stock price fell 8.9% during trading on Monday . The company traded as low as $1.91 and last traded at $1.8950. 5,601,851 shares traded hands during mid-day trading, an increase of 9% from the average session volume of 5,145,120 shares. The stock had previously closed at $2.08.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HPP. Cantor Fitzgerald dropped their target price on shares of Hudson Pacific Properties from $3.50 to $3.00 and set an “overweight” rating for the company in a report on Thursday, November 6th. Wells Fargo & Company cut their target price on shares of Hudson Pacific Properties from $3.40 to $3.10 and set an “overweight” rating on the stock in a research note on Wednesday, August 27th. The Goldman Sachs Group lifted their price objective on Hudson Pacific Properties from $2.80 to $3.20 and gave the company a “neutral” rating in a research report on Wednesday, September 17th. New Street Research set a $2.40 target price on Hudson Pacific Properties in a research report on Monday, October 13th. Finally, Piper Sandler lowered their target price on Hudson Pacific Properties from $3.00 to $2.50 and set a “neutral” rating for the company in a research note on Monday, November 10th. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $3.13.

Hudson Pacific Properties Trading Down 7.9%

The stock has a market cap of $726.74 million, a PE ratio of -0.68 and a beta of 1.62. The firm has a 50-day moving average price of $2.59 and a 200-day moving average price of $2.53. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.18 and a current ratio of 2.18.

Hudson Pacific Properties (NYSE:HPP) last issued its earnings results 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 firm had revenue of $186.62 million for the quarter, compared to the consensus estimate of $186.05 million. Hudson Pacific Properties had a negative net margin of 53.76% and a negative return on equity of 15.10%. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. As a group, equities analysts anticipate that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Balyasny Asset Management L.P. boosted its position in shares of Hudson Pacific Properties by 122.4% during the second 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 buying an additional 8,646,463 shares during the last quarter. Prudential Financial Inc. boosted its holdings in shares of Hudson Pacific Properties by 357.1% during the 2nd quarter. Prudential Financial Inc. now owns 10,686,082 shares of the real estate investment trust’s stock valued at $29,280,000 after acquiring an additional 8,348,371 shares during the last quarter. Conversant Capital LLC grew its stake in shares of Hudson Pacific Properties by 293.6% in the second quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock worth $29,318,000 after acquiring an additional 7,981,580 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Hudson Pacific Properties during the second quarter valued at approximately $21,422,000. Finally, Sei Investments Co. boosted its holdings in Hudson Pacific Properties by 18,343.2% in the second quarter. Sei Investments Co. now owns 5,571,688 shares of the real estate investment trust’s stock worth $15,266,000 after purchasing an additional 5,541,478 shares during the last quarter. 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 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.