Hudson Pacific Properties, Inc. (NYSE:HPP) Given Consensus Rating of “Hold” by Analysts

Hudson Pacific Properties, Inc. (NYSE:HPP) has earned a consensus rating of “Hold” from the thirteen research firms that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $14.3167.

A number of equities analysts recently commented on HPP shares. Morgan Stanley set a $9.00 target price on Hudson Pacific Properties and gave the stock an “underweight” rating in a report on Wednesday, July 22nd. Wall Street Zen upgraded Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Piper Sandler upped their price target on Hudson Pacific Properties from $12.00 to $16.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Zacks Research cut Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $12.00 price objective (up from $7.50) on shares of Hudson Pacific Properties in a research note on Tuesday, May 19th.

Hudson Pacific Properties Price Performance

NYSE HPP opened at $14.58 on Thursday. The company has a 50-day moving average price of $14.64 and a 200-day moving average price of $10.28. Hudson Pacific Properties has a 52 week low of $5.26 and a 52 week 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. The firm has a market capitalization of $790.76 million, a P/E ratio of -1.44, a PEG ratio of 1.02 and a beta of 1.90.

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 (EPS) for the quarter, beating the consensus estimate of ($0.92) by $0.10. Hudson Pacific Properties had a negative net margin of 67.89% and a negative return on equity of 19.05%. The company had revenue of $181.85 million during the quarter, compared to analyst estimates of $175.12 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. Equities research analysts anticipate that Hudson Pacific Properties will post 1.14 earnings per share for the current year.

Hedge Funds Weigh In On Hudson Pacific Properties

Hedge funds have recently modified their holdings of the company. AQR Capital Management LLC lifted its stake in shares of Hudson Pacific Properties by 140.3% during the 1st quarter. AQR Capital Management LLC now owns 348,203 shares of the real estate investment trust’s stock valued at $1,027,000 after buying an additional 203,283 shares in the last quarter. Caxton Associates LLP bought a new stake in Hudson Pacific Properties during the first quarter valued at about $82,000. Strs Ohio purchased a new position in shares of Hudson Pacific Properties in the first quarter valued at about $73,000. Creative Planning lifted its position in shares of Hudson Pacific Properties by 25.8% in the second quarter. Creative Planning now owns 46,095 shares of the real estate investment trust’s stock valued at $126,000 after acquiring an additional 9,467 shares in the last quarter. Finally, Cetera Investment Advisers bought a new position in shares of Hudson Pacific Properties in the second quarter worth about $62,000. 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.