Hudson Pacific Properties (NYSE:HPP) Stock Price Down 5.8% – What’s Next?

Hudson Pacific Properties, Inc. (NYSE:HPP)’s stock price was down 5.8% on Thursday . The company traded as low as $10.51 and last traded at $10.3660. Approximately 596,423 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 781,285 shares. The stock had previously closed at $11.01.

Analyst Ratings Changes

A number of analysts have commented on the stock. Jefferies Financial Group reduced 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. Citigroup reduced their price target on shares of Hudson Pacific Properties from $20.30 to $13.30 and set a “neutral” rating for the company in a research report on Monday, November 24th. Morgan Stanley raised their price objective on shares of Hudson Pacific Properties to $14.00 and gave the stock an “underweight” rating in a research note on Tuesday, December 2nd. New Street Research set a $16.80 target price on shares of Hudson Pacific Properties in a research note on Monday, October 13th. Finally, Wells Fargo & Company set a $2.60 target price on Hudson Pacific Properties in a research report on Tuesday, November 25th. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Hudson Pacific Properties has a consensus rating of “Hold” and a consensus price target of $19.23.

Hudson Pacific Properties Stock Performance

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 stock has a market cap of $553.42 million, a P/E ratio of -0.60 and a beta of 1.45. The firm’s 50-day moving average is $15.22 and its two-hundred day moving average is $17.38.

Hudson Pacific Properties (NYSE:HPP) last announced its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.04 EPS for the quarter, topping 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 company had revenue of $186.62 million for the quarter, compared to analyst estimates of $186.05 million. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. As a group, research analysts expect that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current year.

Institutional Trading of Hudson Pacific Properties

A number of institutional investors and hedge funds have recently modified their holdings of HPP. Vanguard Group Inc. raised its position in shares of Hudson Pacific Properties by 14.3% during the third quarter. Vanguard Group Inc. now owns 38,453,976 shares of the real estate investment trust’s stock valued at $106,133,000 after buying an additional 4,815,234 shares during the last quarter. Balyasny Asset Management L.P. raised its holdings in Hudson Pacific Properties by 122.4% in the 2nd quarter. Balyasny Asset Management L.P. now owns 15,712,981 shares of the real estate investment trust’s stock valued at $43,054,000 after acquiring an additional 8,646,463 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Hudson Pacific Properties by 20.1% in the 3rd quarter. Principal Financial Group Inc. now owns 12,196,771 shares of the real estate investment trust’s stock valued at $33,663,000 after acquiring an additional 2,039,627 shares in the last quarter. Conversant Capital LLC lifted its position in shares of Hudson Pacific Properties by 293.6% in the 2nd quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock worth $29,318,000 after acquiring an additional 7,981,580 shares during the period. Finally, Prudential Financial Inc. grew its holdings in shares of Hudson Pacific Properties by 357.1% during the 2nd quarter. Prudential Financial Inc. now owns 10,686,082 shares of the real estate investment trust’s stock worth $29,280,000 after purchasing an additional 8,348,371 shares in the last quarter. 97.58% of the stock is currently owned by institutional investors and hedge funds.

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.