Jefferies Financial Group Cuts Hudson Pacific Properties (NYSE:HPP) Price Target to $2.40

Hudson Pacific Properties (NYSE:HPP) had its price objective cut by Jefferies Financial Group from $2.50 to $2.40 in a research report report published on Monday, Marketbeat.com reports. They currently have a hold rating on the real estate investment trust’s stock.

Several other equities research analysts also recently weighed in on the stock. The Goldman Sachs Group lifted their price target on shares of Hudson Pacific Properties from $2.80 to $3.20 and gave the company a “neutral” rating in a research note on Wednesday, September 17th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Hudson Pacific Properties in a research note on Saturday, September 27th. Wells Fargo & Company decreased their price target on shares of Hudson Pacific Properties from $3.40 to $3.10 and set an “overweight” rating for the company in a research note on Wednesday, August 27th. New Street Research set a $2.40 target price on shares of Hudson Pacific Properties in a research report on Monday. Finally, Odeon Capital Group started 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. Five research 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’s stock. Based on data from MarketBeat, Hudson Pacific Properties has a consensus rating of “Hold” and a consensus price target of $3.13.

Hudson Pacific Properties Trading Up 5.1%

HPP opened at $2.74 on Monday. Hudson Pacific Properties has a 1-year low of $1.78 and a 1-year high of $5.02. 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 company has a market cap of $1.04 billion, a P/E ratio of -0.98 and a beta of 1.64. The company has a fifty day moving average price of $2.73 and a two-hundred day moving average price of $2.52.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings results on Tuesday, August 5th. The real estate investment trust reported $0.04 earnings per share 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 firm had revenue of $190.00 million during the quarter, compared to the consensus estimate of $196.27 million. Hudson Pacific Properties has set its Q3 2025 guidance at 0.010-0.05 EPS. Analysts predict that Hudson Pacific Properties will post 0.45 EPS for the current fiscal year.

Institutional Investors Weigh In On Hudson Pacific Properties

Institutional investors have recently added to or reduced their stakes in the company. Resona Asset Management Co. Ltd. boosted its stake in Hudson Pacific Properties by 8.8% in the first quarter. Resona Asset Management Co. Ltd. now owns 62,503 shares of the real estate investment trust’s stock valued at $186,000 after acquiring an additional 5,051 shares during the last quarter. Winslow Asset Management Inc. lifted its stake in shares of Hudson Pacific Properties by 15.8% during the 1st quarter. Winslow Asset Management Inc. now owns 49,030 shares of the real estate investment trust’s stock valued at $145,000 after buying an additional 6,685 shares in the last quarter. Metis Global Partners LLC lifted its stake in shares of Hudson Pacific Properties by 43.8% during the 2nd quarter. Metis Global Partners LLC now owns 23,273 shares of the real estate investment trust’s stock valued at $64,000 after buying an additional 7,090 shares in the last quarter. Ballentine Partners LLC lifted its stake in shares of Hudson Pacific Properties by 52.0% during the 2nd quarter. Ballentine Partners LLC now owns 22,492 shares of the real estate investment trust’s stock valued at $62,000 after buying an additional 7,690 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its stake in Hudson Pacific Properties by 25.4% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 41,563 shares of the real estate investment trust’s stock worth $122,000 after purchasing an additional 8,430 shares in the last quarter. 97.58% of the stock is owned by institutional investors.

About Hudson Pacific Properties

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.