Hudson Pacific Properties, Inc. (NYSE:HPP) Receives Consensus Rating of “Hold” from Brokerages

Hudson Pacific Properties, Inc. (NYSE:HPPGet Free Report) has been given a consensus rating of “Hold” by the twelve analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $3.2273.

Several brokerages have issued reports on HPP. BMO Capital Markets dropped their target price on shares of Hudson Pacific Properties from $4.00 to $3.50 and set an “outperform” rating for the company in a research report on Friday, June 13th. The Goldman Sachs Group lifted their target price on shares of Hudson Pacific Properties from $2.80 to $3.20 and gave the company a “neutral” rating in a research report on Wednesday, September 17th. Odeon Capital Group began coverage on shares of Hudson Pacific Properties in a research report on Monday, June 16th. They set a “buy” rating and a $5.00 target price for the company. BTIG Research dropped their target price on shares of Hudson Pacific Properties from $8.00 to $4.75 and set a “buy” rating for the company in a research report on Wednesday, June 25th. Finally, Cantor Fitzgerald initiated coverage on shares of Hudson Pacific Properties in a research report on Wednesday. They set an “overweight” rating and a $3.50 target price for the company.

Read Our Latest Stock Analysis on Hudson Pacific Properties

Hudson Pacific Properties Stock Up 0.2%

Shares of NYSE HPP opened at $2.74 on Friday. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 1.17. The business has a 50-day moving average of $2.70 and a 200-day moving average of $2.54. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of -0.97 and a beta of 1.64. Hudson Pacific Properties has a 12 month low of $1.78 and a 12 month high of $5.02.

Hudson Pacific Properties (NYSE:HPPGet Free Report) last announced its earnings results on Tuesday, August 5th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. Hudson Pacific Properties had a negative net margin of 53.76% and a negative return on equity of 15.10%. The business had revenue of $190.00 million during the quarter, compared to analyst estimates of $196.27 million. Hudson Pacific Properties has set its Q3 2025 guidance at 0.010-0.05 EPS. Sell-side analysts expect that Hudson Pacific Properties will post 0.45 earnings per share for the current fiscal year.

Institutional Trading of Hudson Pacific Properties

A number of hedge funds have recently bought and sold shares of HPP. Balyasny Asset Management L.P. lifted its position in 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 worth $43,054,000 after buying an additional 8,646,463 shares during the last quarter. Prudential Financial Inc. lifted its position in Hudson Pacific Properties by 357.1% in the 2nd quarter. Prudential Financial Inc. now owns 10,686,082 shares of the real estate investment trust’s stock worth $29,280,000 after buying an additional 8,348,371 shares during the last quarter. Conversant Capital LLC lifted its position in 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 worth $29,318,000 after buying an additional 7,981,580 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Hudson Pacific Properties in the 2nd quarter worth approximately $21,422,000. Finally, Sei Investments Co. lifted its position in 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 worth $15,266,000 after buying an additional 5,541,478 shares during the last quarter. Institutional investors own 97.58% of the company’s stock.

About Hudson Pacific Properties

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Hudson Pacific Properties (NYSE:HPP)

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