Hudson Pacific Properties (NYSE:HPP) Price Target Cut to $3.00 by Analysts at Cantor Fitzgerald

Hudson Pacific Properties (NYSE:HPP) had its price target reduced by Cantor Fitzgerald from $3.50 to $3.00 in a research report sent to investors on Thursday, MarketBeat Ratings reports. They currently have an overweight rating on the real estate investment trust’s stock.

Other research analysts have also issued research reports about the company. The Goldman Sachs Group lifted their target price on Hudson Pacific Properties from $2.80 to $3.20 and gave the company a “neutral” rating in a report on Wednesday, September 17th. New Street Research set a $2.40 price target on Hudson Pacific Properties in a research note on Monday, October 13th. Jefferies Financial Group lowered their price objective on Hudson Pacific Properties from $2.50 to $2.40 and set a “hold” rating for the company in a research report on Monday, October 13th. Wells Fargo & Company reduced their price objective 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. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hudson Pacific Properties in a research report on Tuesday, October 14th. Five analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $3.09.

Hudson Pacific Properties Stock Up 1.1%

HPP traded up $0.03 during mid-day trading on Thursday, reaching $2.25. 4,366,023 shares of the stock were exchanged, compared to its average volume of 5,095,258. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.18 and a current ratio of 2.18. The company has a 50 day moving average price of $2.66 and a two-hundred day moving average price of $2.53. Hudson Pacific Properties has a 1 year low of $1.78 and a 1 year high of $4.66. The stock has a market capitalization of $851.19 million, a PE ratio of -0.80 and a beta of 1.62.

Hudson Pacific Properties (NYSE:HPP) last announced its earnings results on Wednesday, November 5th. The real estate investment trust reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 15.10% and a negative net margin of 53.76%. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. As a group, research analysts anticipate that Hudson Pacific Properties will post 0.45 EPS for the current year.

Institutional Trading of Hudson Pacific Properties

Institutional investors have recently bought and sold shares of the stock. Abel Hall LLC purchased a new stake in Hudson Pacific Properties during the second quarter worth $28,000. Ethic Inc. purchased a new stake in shares of Hudson Pacific Properties during the 3rd quarter valued at approximately $28,000. Evergreen Capital Management LLC purchased a new position in shares of Hudson Pacific Properties during the 2nd quarter worth $28,000. US Bancorp DE raised its holdings in Hudson Pacific Properties by 1,053.7% in the 1st quarter. US Bancorp DE now owns 9,772 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 8,925 shares during the period. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in shares of Hudson Pacific Properties during the 2nd quarter worth approximately $29,000. 97.58% of the stock is currently owned by institutional investors and hedge funds.

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.