Vanguard Group Inc. Has $60.06 Million Holdings in Hudson Pacific Properties, Inc. $HPP

Vanguard Group Inc. lowered its position in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) by 85.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,546,116 shares of the real estate investment trust’s stock after selling 32,907,860 shares during the quarter. Vanguard Group Inc. owned 10.23% of Hudson Pacific Properties worth $60,064,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Pensionfund Sabic acquired a new stake in shares of Hudson Pacific Properties during the fourth quarter valued at approximately $59,000. Pensionfund PDN acquired a new stake in shares of Hudson Pacific Properties during the fourth quarter valued at approximately $131,000. JPMorgan Chase & Co. raised its holdings in shares of Hudson Pacific Properties by 38.1% during the third quarter. JPMorgan Chase & Co. now owns 4,320,823 shares of the real estate investment trust’s stock valued at $11,925,000 after acquiring an additional 1,192,974 shares during the period. Hudson Bay Capital Management LP raised its holdings in shares of Hudson Pacific Properties by 1.0% during the third quarter. Hudson Bay Capital Management LP now owns 6,987,635 shares of the real estate investment trust’s stock valued at $19,286,000 after acquiring an additional 68,089 shares during the period. Finally, Swiss Life Asset Management Ltd acquired a new stake in shares of Hudson Pacific Properties during the third quarter valued at approximately $39,000. Institutional investors and hedge funds own 97.58% of the company’s stock.

Hudson Pacific Properties Stock Up 1.5%

Hudson Pacific Properties stock opened at $11.78 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.78 and a current ratio of 1.65. The firm has a market cap of $638.68 million, a PE ratio of -1.17, a P/E/G ratio of 0.87 and a beta of 1.86. Hudson Pacific Properties, Inc. has a twelve month low of $5.26 and a twelve month high of $21.70. The firm’s 50 day moving average price is $7.49 and its two-hundred day moving average price is $9.91.

Hudson Pacific Properties (NYSE:HPP) last posted its earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) EPS for the quarter, topping the consensus estimate of ($0.92) by $0.10. The company had revenue of $181.85 million during the quarter, compared to the consensus estimate 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. On average, research analysts predict that Hudson Pacific Properties, Inc. will post 1.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on HPP shares. Wall Street Zen upgraded shares of Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Piper Sandler dropped their price objective on shares of 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. Jefferies Financial Group set a $8.00 price objective on shares of Hudson Pacific Properties and gave the company a “hold” rating in a research note on Friday, March 6th. Zacks Research upgraded shares of Hudson Pacific Properties from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 3rd. Finally, The Goldman Sachs Group set a $14.50 price objective on shares of Hudson Pacific Properties and gave the company a “neutral” rating in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Hudson Pacific Properties presently has an average rating of “Hold” and a consensus target price of $14.53.

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.