Brokerages Set Hudson Pacific Properties, Inc. (NYSE:HPP) Target Price at $14.32

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have earned an average recommendation of “Hold” from the thirteen research firms that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $14.3167.

HPP has been the topic of several recent research reports. Wall Street Zen upgraded Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. The Goldman Sachs Group reissued a “neutral” rating and issued a $12.00 target price (up from $7.50) on shares of Hudson Pacific Properties in a research report on Tuesday, May 19th. Bank of America reaffirmed an “underperform” rating and set a $14.00 price target on shares of Hudson Pacific Properties in a research report on Tuesday, June 16th. Mizuho lifted their price objective on shares of Hudson Pacific Properties from $15.00 to $17.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $16.00 price objective (up from $8.00) on shares of Hudson Pacific Properties in a report on Monday, June 15th.

Institutional Investors Weigh In On Hudson Pacific Properties

Several institutional investors have recently made changes to their positions in HPP. Evergreen Capital Management LLC acquired a new stake in Hudson Pacific Properties during the second quarter worth approximately $28,000. Orion Porfolio Solutions LLC acquired a new position in Hudson Pacific Properties in the 3rd quarter valued at $28,000. United Capital Financial Advisors LLC acquired a new position in Hudson Pacific Properties in the 3rd quarter valued at $30,000. Integrated Wealth Concepts LLC bought a new stake in shares of Hudson Pacific Properties during the 3rd quarter valued at $32,000. Finally, Allied Private Wealth LLC bought a new stake in shares of Hudson Pacific Properties during the 2nd quarter valued at $33,000. 97.58% of the stock is currently owned by institutional investors.

Hudson Pacific Properties Trading Down 2.5%

Shares of NYSE:HPP opened at $13.76 on Thursday. Hudson Pacific Properties has a 12-month low of $5.26 and a 12-month high of $21.70. The stock has a market cap of $746.51 million, a PE ratio of -1.36, a P/E/G ratio of 1.02 and a beta of 1.89. The business has a 50 day moving average of $14.57 and a 200-day moving average of $10.25. 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 announced its earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share 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 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. As a group, equities research analysts forecast that Hudson Pacific Properties will post 1.14 earnings per share for the current year.

About Hudson Pacific Properties

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.