Hudson Pacific Properties (NYSE:HPP) Reaches New 12-Month Low – What’s Next?

Hudson Pacific Properties, Inc. (NYSE:HPPGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $9.14 and last traded at $9.2460, with a volume of 1391733 shares trading hands. The stock had previously closed at $9.96.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Citigroup decreased their price target on Hudson Pacific Properties from $20.30 to $13.30 and set a “neutral” rating on the stock in a research note on Monday, November 24th. Morgan Stanley lifted 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. Weiss Ratings reissued a “sell (d-)” rating on shares of Hudson Pacific Properties in a report on Monday, December 29th. Jefferies Financial Group reduced their price target on shares of Hudson Pacific Properties from $17.50 to $16.80 and set a “hold” rating on the stock in a research note on Monday, October 13th. Finally, Zacks Research cut shares of Hudson Pacific Properties from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $16.31.

Read Our Latest Stock Analysis on HPP

Hudson Pacific Properties Stock Up 1.0%

The stock has a market capitalization of $514.64 million, a price-to-earnings ratio of -0.56 and a beta of 1.49. 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 50 day moving average price of $11.56 and a 200 day moving average price of $16.04.

Hudson Pacific Properties (NYSE:HPPGet Free Report) last issued its quarterly earnings data 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. 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 during 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, analysts forecast that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Balyasny Asset Management L.P. grew its position in shares of 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 buying an additional 8,646,463 shares during the last quarter. Prudential Financial Inc. lifted its stake in shares of Hudson Pacific Properties by 357.1% in the second quarter. Prudential Financial Inc. now owns 10,686,082 shares of the real estate investment trust’s stock worth $29,280,000 after acquiring an additional 8,348,371 shares during the period. Conversant Capital LLC boosted its holdings in Hudson Pacific Properties by 293.6% in the second quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock valued at $29,318,000 after acquiring an additional 7,981,580 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Hudson Pacific Properties during the 2nd quarter valued at approximately $21,422,000. Finally, Sei Investments Co. increased its position in Hudson Pacific Properties by 18,343.2% during the 2nd quarter. Sei Investments Co. now owns 5,571,688 shares of the real estate investment trust’s stock valued at $15,266,000 after purchasing an additional 5,541,478 shares during the period. 97.58% of the stock is owned by institutional investors.

Hudson Pacific Properties Company Profile

(Get Free Report)

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.

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