Hudson Pacific Properties (NYSE:HPP) Reaches New 52-Week Low – Should You Sell?

Hudson Pacific Properties, Inc. (NYSE:HPP)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $11.47 and last traded at $11.5250, with a volume of 463940 shares changing hands. The stock had previously closed at $12.06.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HPP. Jefferies Financial Group dropped their price objective on shares of Hudson Pacific Properties from $17.50 to $16.80 and set a “hold” rating for the company in a research note on Monday, October 13th. Weiss Ratings reissued a “sell (e+)” rating on shares of Hudson Pacific Properties in a research report on Monday. Piper Sandler lowered their price objective on Hudson Pacific Properties from $21.00 to $17.50 and set a “neutral” rating on the stock in a research note on Monday, November 10th. Morgan Stanley increased their target price on Hudson Pacific Properties to $14.00 and gave the stock an “underweight” rating in a report on Tuesday, December 2nd. Finally, Mizuho decreased their price target on Hudson Pacific Properties from $21.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, December 12th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Hudson Pacific Properties currently has a consensus rating of “Hold” and a consensus price target of $19.23.

Hudson Pacific Properties Stock Down 6.5%

The company has a market cap of $558.03 million, a P/E ratio of -0.61 and a beta of 1.45. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 1.20. The firm has a fifty day moving average price of $15.04 and a 200 day moving average price of $17.36.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.04 EPS for the quarter, beating the consensus estimate of $0.02 by $0.02. Hudson Pacific Properties had a negative net margin of 59.61% and a negative return on equity of 16.24%. The business had revenue of $186.62 million for the quarter, compared to analysts’ expectations of $186.05 million. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. Equities research analysts forecast that Hudson Pacific Properties, Inc. will post 0.45 earnings per share for the current year.

Hedge Funds Weigh In On Hudson Pacific Properties

Several hedge funds have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new stake in shares of Hudson Pacific Properties during the second quarter worth approximately $729,000. Public Employees Retirement System of Ohio boosted its stake in Hudson Pacific Properties by 133.6% in the second quarter. Public Employees Retirement System of Ohio now owns 500,928 shares of the real estate investment trust’s stock valued at $1,373,000 after acquiring an additional 286,477 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in Hudson Pacific Properties during the 2nd quarter worth $29,000. Ieq Capital LLC raised its position in shares of Hudson Pacific Properties by 73.0% during the 1st quarter. Ieq Capital LLC now owns 33,782 shares of the real estate investment trust’s stock valued at $100,000 after acquiring an additional 14,257 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of Hudson Pacific Properties by 1,150.4% during the 1st quarter. Russell Investments Group Ltd. now owns 260,599 shares of the real estate investment trust’s stock valued at $769,000 after acquiring an additional 239,758 shares during the last quarter. Institutional investors own 97.58% of the company’s stock.

About Hudson Pacific Properties

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space.