Hudson Pacific Properties (NYSE:HPP) Hits New 52-Week Low – Here’s What Happened

Hudson Pacific Properties, Inc. (NYSE:HPP)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $10.06 and last traded at $10.4880, with a volume of 265448 shares. The stock had previously closed at $10.26.

Analysts Set New Price Targets

Several brokerages have recently weighed in on HPP. 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 report on Friday, December 19th. Morgan Stanley boosted their target price on Hudson Pacific Properties to $14.00 and gave the company an “underweight” rating in a research report on Tuesday, December 2nd. Wells Fargo & Company set a $2.60 price target on Hudson Pacific Properties in a report on Tuesday, November 25th. Cantor Fitzgerald reduced their price objective on Hudson Pacific Properties from $24.50 to $21.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Finally, Citigroup decreased their price objective on Hudson Pacific Properties from $20.30 to $13.30 and set a “neutral” rating for the company in a report on Monday, November 24th. 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 company. According to MarketBeat.com, Hudson Pacific Properties currently has an average rating of “Hold” and a consensus target price of $19.02.

Hudson Pacific Properties Stock Performance

The firm has a market cap of $562.64 million, a P/E ratio of -0.61 and a beta of 1.45. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 1.20. The company’s 50-day moving average is $14.42 and its two-hundred day moving average is $17.26.

Hudson Pacific Properties (NYSE:HPP) last issued its quarterly earnings data 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. The firm had revenue of $186.62 million during the quarter, compared to the consensus estimate 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. As a group, equities analysts predict that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current fiscal year.

Institutional Trading of Hudson Pacific Properties

Institutional investors have recently made changes to their positions in the company. Evergreen Capital Management LLC purchased a new stake in Hudson Pacific Properties in the 2nd quarter valued at about $28,000. Orion Porfolio Solutions LLC bought a new position in shares of Hudson Pacific Properties in the third quarter valued at approximately $28,000. Ethic Inc. bought a new position in shares of Hudson Pacific Properties in the third quarter valued at approximately $28,000. Abel Hall LLC purchased a new stake in shares of Hudson Pacific Properties during the second quarter valued at approximately $28,000. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in Hudson Pacific Properties during the second quarter worth $29,000. Institutional investors own 97.58% of the company’s stock.

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.