Militia Capital Partners LP Purchases Shares of 153,100 Hudson Pacific Properties, Inc. $HPP

Militia Capital Partners LP acquired a new position in Hudson Pacific Properties, Inc. (NYSE:HPP) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 153,100 shares of the real estate investment trust’s stock, valued at approximately $423,000.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of Hudson Pacific Properties by 14.3% during the 3rd quarter. Vanguard Group Inc. now owns 38,453,976 shares of the real estate investment trust’s stock worth $106,133,000 after purchasing an additional 4,815,234 shares during the last quarter. Balyasny Asset Management L.P. grew its holdings in Hudson Pacific Properties by 122.4% in the 2nd quarter. Balyasny Asset Management L.P. now owns 15,712,981 shares of the real estate investment trust’s stock valued at $43,054,000 after buying an additional 8,646,463 shares during the last quarter. Principal Financial Group Inc. increased its position in Hudson Pacific Properties by 20.1% in the 3rd quarter. Principal Financial Group Inc. now owns 12,196,771 shares of the real estate investment trust’s stock worth $33,663,000 after buying an additional 2,039,627 shares during the period. Conversant Capital LLC increased its position in Hudson Pacific Properties by 293.6% in the 2nd quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock worth $29,318,000 after buying an additional 7,981,580 shares during the period. Finally, Prudential Financial Inc. lifted its holdings in shares of Hudson Pacific Properties by 357.1% during the second quarter. Prudential Financial Inc. now owns 10,686,082 shares of the real estate investment trust’s stock worth $29,280,000 after buying an additional 8,348,371 shares during the last quarter. Institutional investors and hedge funds own 97.58% of the company’s stock.

Hudson Pacific Properties Stock Down 2.6%

Shares of HPP stock opened at $6.33 on Tuesday. Hudson Pacific Properties, Inc. has a one year low of $5.55 and a one year high of $22.89. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.78 and a quick ratio of 1.78. The stock has a fifty day moving average price of $7.96 and a 200 day moving average price of $13.23. The stock has a market cap of $343.45 million, a P/E ratio of -0.49, a price-to-earnings-growth ratio of 0.79 and a beta of 1.50.

Hudson Pacific Properties (NYSE:HPP) last announced its quarterly earnings results on Thursday, February 26th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. Hudson Pacific Properties had a negative net margin of 69.12% and a negative return on equity of 19.89%. The firm had revenue of $256.03 million for the quarter, compared to analyst estimates of $168.02 million. Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. Analysts predict that Hudson Pacific Properties, Inc. will post 0.45 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on HPP shares. Morgan Stanley restated an “underweight” rating and issued a $8.00 price objective on shares of Hudson Pacific Properties in a research note on Thursday, January 29th. Piper Sandler set a $10.00 target price on shares of Hudson Pacific Properties in a research note on Tuesday, January 27th. Cantor Fitzgerald reduced their price target on shares of Hudson Pacific Properties from $13.00 to $10.00 and set an “overweight” rating for the company in a report on Monday, March 2nd. Citigroup raised their price target on shares of Hudson Pacific Properties from $7.00 to $8.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Finally, Wall Street Zen upgraded shares of Hudson Pacific Properties from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $13.74.

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.