Militia Capital Management LLC Makes New $1.76 Million Investment in Hudson Pacific Properties, Inc. $HPP

Militia Capital Management LLC acquired a new position in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 298,605 shares of the real estate investment trust’s stock, valued at approximately $1,765,000.

A number of other large investors have also made changes to their positions in HPP. Resona Asset Management Co. Ltd. lifted its stake in shares of Hudson Pacific Properties by 8.4% in the first quarter. Resona Asset Management Co. Ltd. now owns 24,670 shares of the real estate investment trust’s stock valued at $147,000 after buying an additional 1,918 shares during the period. Sanctuary Advisors LLC grew its position in Hudson Pacific Properties by 29.3% during the first quarter. Sanctuary Advisors LLC now owns 15,075 shares of the real estate investment trust’s stock worth $89,000 after buying an additional 3,414 shares in the last quarter. Pensionfund Sabic bought a new position in Hudson Pacific Properties during the fourth quarter valued at about $59,000. US Bancorp DE increased its stake in Hudson Pacific Properties by 196.2% during the third quarter. US Bancorp DE now owns 12,485 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 8,270 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in Hudson Pacific Properties by 20.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 54,080 shares of the real estate investment trust’s stock valued at $149,000 after acquiring an additional 9,239 shares in the last quarter. Institutional investors and hedge funds own 97.58% of the company’s stock.

Hudson Pacific Properties Stock Performance

NYSE HPP opened at $14.42 on Thursday. The stock has a market cap of $782.25 million, a P/E ratio of -1.43, a PEG ratio of 1.11 and a beta of 1.89. The company’s 50-day simple moving average is $14.11 and its 200 day simple moving average is $10.05. Hudson Pacific Properties, Inc. has a twelve month low of $5.26 and a twelve month 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 posted its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.92) by $0.10. The firm had revenue of $181.85 million during the quarter, compared to analyst estimates 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. As a group, research analysts forecast that Hudson Pacific Properties, Inc. will post 1.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on HPP shares. Zacks Research downgraded Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Weiss Ratings reissued a “sell (d)” rating on shares of Hudson Pacific Properties in a report on Friday, May 29th. Morgan Stanley set a $9.00 price objective on Hudson Pacific Properties and gave the company an “underweight” rating in a research report on Wednesday. Wells Fargo & Company upped their target price on Hudson Pacific Properties from $13.50 to $14.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $16.00 target price (up from $8.00) on shares of Hudson Pacific Properties in a research report on Monday, June 15th. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $14.32.

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.