Hudson Pacific Properties (NYSE:HPP) Stock Price Up 10.1% – What’s Next?

Hudson Pacific Properties, Inc. (NYSE:HPP)’s stock price rose 10.1% during trading on Wednesday . The stock traded as high as $15.43 and last traded at $15.3850. Approximately 440,075 shares changed hands during trading, a decline of 64% from the average daily volume of 1,216,333 shares. The stock had previously closed at $13.98.

Analyst Ratings Changes

Several analysts recently issued reports on HPP shares. Weiss Ratings reissued a “sell (d)” rating on shares of Hudson Pacific Properties in a research note on Friday, May 29th. 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. Wall Street Zen upgraded Hudson Pacific Properties from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Wells Fargo & Company lifted their price objective on Hudson Pacific Properties from $13.50 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $12.00 price objective (up from $7.50) on shares of Hudson Pacific Properties in a research report on Tuesday, May 19th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $14.32.

Hudson Pacific Properties Stock Up 8.0%

The company has a market capitalization of $818.75 million, a P/E ratio of -1.50, a price-to-earnings-growth ratio of 1.08 and a beta of 1.90. The company has a 50-day moving average of $14.68 and a two-hundred day moving average of $10.32. 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 data 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). The firm had revenue of $188.30 million during the quarter, compared to the consensus estimate of $181.80 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 1.120-1.200 EPS. On average, research analysts predict that Hudson Pacific Properties, Inc. will post 1.14 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Resona Asset Management Co. Ltd. lifted its position in Hudson Pacific Properties by 8.4% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 24,670 shares of the real estate investment trust’s stock valued at $147,000 after acquiring an additional 1,918 shares during the period. Allied Private Wealth LLC purchased a new stake in Hudson Pacific Properties in the second quarter worth about $33,000. Cetera Investment Advisers increased its stake in shares of Hudson Pacific Properties by 18.0% during the first quarter. Cetera Investment Advisers now owns 16,317 shares of the real estate investment trust’s stock valued at $96,000 after purchasing an additional 2,485 shares in the last quarter. Sanctuary Advisors LLC increased its stake in shares of 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 valued at $89,000 after purchasing an additional 3,414 shares in the last quarter. Finally, State of Wyoming lifted its holdings in shares of Hudson Pacific Properties by 22.5% during the first quarter. State of Wyoming now owns 30,214 shares of the real estate investment trust’s stock valued at $179,000 after purchasing an additional 5,543 shares during the last quarter. 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.