UBS Group AG Has $6.96 Million Stock Holdings in Hudson Pacific Properties, Inc. $HPP

UBS Group AG cut its position in Hudson Pacific Properties, Inc. (NYSE:HPP) by 88.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 642,363 shares of the real estate investment trust’s stock after selling 4,975,334 shares during the period. UBS Group AG’s holdings in Hudson Pacific Properties were worth $6,957,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in HPP. Evergreen Capital Management LLC acquired a new stake in shares of Hudson Pacific Properties in the 2nd quarter valued at about $28,000. Orion Porfolio Solutions LLC acquired a new stake in shares of Hudson Pacific Properties in the 3rd quarter valued at about $28,000. United Capital Financial Advisors LLC acquired a new stake in shares of Hudson Pacific Properties in the 3rd quarter valued at about $30,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Hudson Pacific Properties in the 3rd quarter valued at about $32,000. Finally, Cullen Capital Management LLC acquired a new stake in shares of Hudson Pacific Properties in the 3rd quarter valued at about $33,000. 97.58% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Wells Fargo & Company cut their price target on Hudson Pacific Properties from $18.20 to $13.50 and set an “overweight” rating for the company in a research note on Thursday, April 2nd. Citigroup reiterated a “neutral” rating and set a $13.00 price target (up from $8.00) on shares of Hudson Pacific Properties in a research note on Thursday, May 14th. The Goldman Sachs Group reiterated a “neutral” rating and set a $12.00 price target (up from $7.50) on shares of Hudson Pacific Properties in a research note on Tuesday. Jefferies Financial Group set a $8.00 price target on Hudson Pacific Properties and gave the company a “hold” rating in a research note on Friday, March 6th. Finally, BTIG Research reiterated a “buy” rating and set a $26.00 price target on shares of Hudson Pacific Properties in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $14.32.

Hudson Pacific Properties Trading Down 1.1%

NYSE:HPP opened at $10.68 on Wednesday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $579.50 million, a PE ratio of -1.06, a price-to-earnings-growth ratio of 0.81 and a beta of 1.86. The firm’s 50 day moving average is $7.70 and its 200 day moving average is $9.77. Hudson Pacific Properties, Inc. has a 12 month low of $5.26 and a 12 month high of $21.70.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) EPS for the quarter, topping analysts’ consensus estimates of ($0.92) by $0.10. The company had revenue of $181.85 million for the quarter, compared to analysts’ expectations of $175.12 million. Hudson Pacific Properties had a negative net margin of 67.89% and a negative return on equity of 19.05%. Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. Sell-side analysts expect that Hudson Pacific Properties, Inc. will post 1.13 earnings per share for the current year.

Hudson Pacific Properties 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.