Brokerages Set Hudson Pacific Properties, Inc. (NYSE:HPP) PT at $19.23

Hudson Pacific Properties, Inc. (NYSE:HPP) has been given a consensus rating of “Hold” by the fourteen research firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $19.0192.

HPP has been the topic of a number of recent research reports. Jefferies Financial Group cut their target price on shares of Hudson Pacific Properties from $17.50 to $16.80 and set a “hold” rating on the stock in a report on Monday, October 13th. Piper Sandler lowered their price objective on shares of Hudson Pacific Properties from $21.00 to $17.50 and set a “neutral” rating on the stock in a research report on Monday, November 10th. The Goldman Sachs Group set a $16.50 price objective on shares of Hudson Pacific Properties and gave the company a “neutral” rating in a research note on Friday. Mizuho reduced their target price on shares of Hudson Pacific Properties from $21.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, December 12th. Finally, New Street Research set a $16.80 target price on shares of Hudson Pacific Properties in a research note on Monday, October 13th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of HPP. Abel Hall LLC purchased a new stake in shares of Hudson Pacific Properties during the second quarter worth approximately $28,000. Ethic Inc. acquired a new position in Hudson Pacific Properties in the 3rd quarter valued at $28,000. Evergreen Capital Management LLC purchased a new position in Hudson Pacific Properties during the 2nd quarter worth $28,000. Orion Porfolio Solutions LLC acquired a new stake in shares of Hudson Pacific Properties in the 3rd quarter worth $28,000. Finally, US Bancorp DE lifted its stake in shares of Hudson Pacific Properties by 1,053.7% in the 1st quarter. US Bancorp DE now owns 9,772 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 8,925 shares during the period. 97.58% of the stock is currently owned by hedge funds and other institutional investors.

Hudson Pacific Properties Stock Up 0.4%

HPP opened at $10.34 on Wednesday. Hudson Pacific Properties has a one year low of $10.10 and a one year high of $24.01. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.78 and a current ratio of 1.78. The stock has a market capitalization of $560.47 million, a P/E ratio of -0.61 and a beta of 1.45. The business’s 50-day simple moving average is $14.88 and its 200-day simple moving average is $17.34.

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

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.