Analysts Set Hudson Pacific Properties, Inc. (NYSE:HPP) Price Target at $13.74

Hudson Pacific Properties, Inc. (NYSE:HPP) has received an average recommendation of “Hold” from the fourteen brokerages that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $13.7417.

HPP has been the topic of several research analyst reports. Wall Street Zen raised Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hudson Pacific Properties in a research note on Monday, December 29th. The Goldman Sachs Group set a $14.50 price objective on Hudson Pacific Properties and gave the stock a “neutral” rating in a report on Thursday, January 29th. Piper Sandler set a $10.00 target price on Hudson Pacific Properties in a research report on Tuesday, January 27th. Finally, Mizuho lowered their target price on Hudson Pacific Properties from $21.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday, December 12th.

Institutional Investors Weigh In On Hudson Pacific Properties

A number of large investors have recently added to or reduced their stakes in HPP. Xponance Inc. raised its position in Hudson Pacific Properties by 19.9% during the third quarter. Xponance Inc. now owns 29,100 shares of the real estate investment trust’s stock worth $80,000 after acquiring an additional 4,821 shares during the last quarter. Pensionfund Sabic acquired a new stake in shares of Hudson Pacific Properties in the fourth quarter valued at approximately $59,000. Envestnet Asset Management Inc. increased its stake in shares of Hudson Pacific Properties by 1.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 576,274 shares of the real estate investment trust’s stock worth $1,591,000 after purchasing an additional 5,544 shares in the last quarter. Ballentine Partners LLC increased its stake in shares of Hudson Pacific Properties by 25.4% during the 3rd quarter. Ballentine Partners LLC now owns 28,201 shares of the real estate investment trust’s stock worth $78,000 after purchasing an additional 5,709 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Hudson Pacific Properties by 41.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 25,269 shares of the real estate investment trust’s stock worth $68,000 after purchasing an additional 7,453 shares during the last quarter. 97.58% of the stock is owned by institutional investors and hedge funds.

Hudson Pacific Properties Stock Performance

Shares of HPP opened at $5.59 on Friday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 1.25. Hudson Pacific Properties has a 52-week low of $5.33 and a 52-week high of $22.89. The company has a 50-day simple moving average of $7.22 and a 200-day simple moving average of $12.35. The company has a market capitalization of $302.93 million, a PE ratio of -0.43, a P/E/G ratio of 0.59 and a beta of 1.50.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings data on Thursday, February 26th. The real estate investment trust reported $0.21 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $168.02 million. Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. Equities research analysts predict that Hudson Pacific Properties will post 0.45 earnings per share for the current fiscal 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.