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

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have earned an average recommendation of “Hold” from the thirteen research firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $14.3167.

A number of equities analysts have recently commented on the stock. BTIG Research reissued a “buy” rating and issued a $26.00 target price on shares of Hudson Pacific Properties in a research note on Wednesday, May 6th. Zacks Research upgraded Hudson Pacific Properties from a “hold” rating to a “strong-buy” rating in a report on Friday, April 3rd. Jefferies Financial Group set a $8.00 price objective on Hudson Pacific Properties and gave the company a “hold” rating in a research report on Friday, March 6th. Piper Sandler reduced their price objective on Hudson Pacific Properties from $8.00 to $6.50 and set a “neutral” rating on the stock in a research note on Wednesday, April 1st. Finally, Wall Street Zen downgraded Hudson Pacific Properties from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th.

Hudson Pacific Properties Price Performance

HPP stock opened at $11.21 on Friday. The stock has a market capitalization of $607.81 million, a price-to-earnings ratio of -1.11, a price-to-earnings-growth ratio of 0.84 and a beta of 1.86. The stock’s fifty day simple moving average is $7.98 and its 200-day simple moving average is $9.64. Hudson Pacific Properties has a 52-week low of $5.26 and a 52-week high of $21.70. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.28.

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

Institutional Trading of Hudson Pacific Properties

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Evergreen Capital Management LLC purchased a new position in Hudson Pacific Properties in the second quarter valued at about $28,000. Orion Porfolio Solutions LLC purchased a new stake in Hudson Pacific Properties during the 3rd quarter worth approximately $28,000. United Capital Financial Advisors LLC acquired a new position in shares of Hudson Pacific Properties in the 3rd quarter valued at approximately $30,000. Integrated Wealth Concepts LLC purchased a new position in shares of Hudson Pacific Properties during the 3rd quarter valued at approximately $32,000. Finally, Cullen Capital Management LLC acquired a new stake in shares of Hudson Pacific Properties during the third quarter worth approximately $33,000. 97.58% of the stock is owned by hedge funds and other institutional investors.

Hudson Pacific Properties Company 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.