Hudson Pacific Properties, Inc. (NYSE:HPP) Receives $15.57 Consensus Target Price from Analysts

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have been given an average rating of “Hold” by the thirteen brokerages that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $15.5667.

Several research firms have recently issued reports on HPP. Cantor Fitzgerald raised their target price on shares of Hudson Pacific Properties from $14.00 to $17.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of Hudson Pacific Properties in a report on Friday, May 29th. Bank of America reissued an “underperform” rating and issued a $14.00 price objective on shares of Hudson Pacific Properties in a research report on Tuesday, June 16th. Wells Fargo & Company boosted their target price on Hudson Pacific Properties from $13.50 to $14.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, BTIG Research reaffirmed a “buy” rating and set a $26.00 target price on shares of Hudson Pacific Properties in a research note on Wednesday, May 6th.

Hudson Pacific Properties Stock Performance

NYSE HPP opened at $14.32 on Monday. The business’s 50 day moving average price is $14.80 and its 200-day moving average price is $10.90. Hudson Pacific Properties has a fifty-two week low of $5.26 and a fifty-two week high of $21.70. The company has a market cap of $777.15 million, a P/E ratio of -1.62, a P/E/G ratio of 1.14 and a beta of 1.90. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.11 and a current ratio of 1.11.

Hudson Pacific Properties (NYSE:HPP) last issued its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported ($1.62) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.72) by ($0.90). Hudson Pacific Properties had a negative return on equity of 20.76% and a negative net margin of 70.04%.The company had revenue of $188.30 million during the quarter, compared to the consensus estimate of $181.80 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.120-1.200 EPS. Sell-side analysts predict that Hudson Pacific Properties will post 1.11 earnings per share for the current year.

Insider Transactions at Hudson Pacific Properties

In other Hudson Pacific Properties news, Director Jon E. Bortz acquired 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average price of $13.40 per share, for a total transaction of $335,000.00. Following the acquisition, the director directly owned 35,394 shares in the company, valued at $474,279.60. The trade was a 240.52% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.47% of the stock is currently owned by insiders.

Institutional Trading of Hudson Pacific Properties

Several institutional investors and hedge funds have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Hudson Pacific Properties by 4,462.2% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 42,976 shares of the real estate investment trust’s stock valued at $653,000 after purchasing an additional 42,034 shares during the period. Hsbc Holdings PLC increased its stake in Hudson Pacific Properties by 72.1% in the 2nd quarter. Hsbc Holdings PLC now owns 103,664 shares of the real estate investment trust’s stock worth $1,602,000 after buying an additional 43,437 shares during the period. Wellington Management Group LLP purchased a new position in Hudson Pacific Properties in the 2nd quarter worth about $23,325,000. Valueworks LLC bought a new stake in Hudson Pacific Properties during the 2nd quarter valued at about $25,667,000. Finally, Public Employees Retirement System of Ohio bought a new stake in Hudson Pacific Properties during the 2nd quarter valued at about $986,000. 97.58% of the stock is currently owned by 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.