Brokerages Set Hudson Pacific Properties, Inc. (NYSE:HPP) Target Price at $14.64

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have been given an average recommendation of “Hold” by the fourteen research firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $13.7417.

A number of research firms have weighed in on HPP. Morgan Stanley reissued an “underweight” rating and issued a $8.00 price objective on shares of Hudson Pacific Properties in a research report on Thursday, January 29th. Mizuho cut their target price on Hudson Pacific Properties from $21.00 to $15.00 and set a “neutral” rating on the stock in a research report on Friday, December 12th. Piper Sandler set a $10.00 target price on Hudson Pacific Properties in a research note on Tuesday, January 27th. BMO Capital Markets reissued a “market perform” rating on shares of Hudson Pacific Properties in a research report on Thursday, February 26th. Finally, Jefferies Financial Group set a $8.00 price target on shares of Hudson Pacific Properties and gave the stock a “hold” rating in a research note on Friday.

Hudson Pacific Properties Stock Down 9.2%

Shares of HPP traded down $0.64 during mid-day trading on Monday, reaching $6.35. 155,655 shares of the stock traded hands, compared to its average volume of 1,472,383. The stock has a fifty day simple moving average of $8.49 and a 200 day simple moving average of $13.73. Hudson Pacific Properties has a 12-month low of $5.55 and a 12-month high of $22.89. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 1.25. The firm has a market cap of $344.42 million, a price-to-earnings ratio of -0.49 and a beta of 1.50.

Hudson Pacific Properties (NYSE:HPP) last announced its earnings results on Thursday, February 26th. The real estate investment trust reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.01. Hudson Pacific Properties had a negative net margin of 69.12% and a negative return on equity of 19.89%. The business had revenue of $256.03 million during the quarter, compared to the consensus estimate of $168.02 million. Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. Sell-side analysts expect that Hudson Pacific Properties will post 0.45 EPS for the current fiscal year.

Institutional Investors Weigh In On Hudson Pacific Properties

Institutional investors have recently modified their holdings of the stock. Xponance Inc. lifted its position in shares of Hudson Pacific Properties by 19.9% during the third quarter. Xponance Inc. now owns 29,100 shares of the real estate investment trust’s stock worth $80,000 after purchasing an additional 4,821 shares during the last quarter. Pensionfund Sabic bought a new stake in Hudson Pacific Properties in the fourth quarter valued at about $59,000. Envestnet Asset Management Inc. raised its stake in Hudson Pacific Properties by 1.0% during the third quarter. Envestnet Asset Management Inc. now owns 576,274 shares of the real estate investment trust’s stock valued at $1,591,000 after buying an additional 5,544 shares in the last quarter. Ballentine Partners LLC lifted its holdings in Hudson Pacific Properties by 25.4% during the 3rd quarter. Ballentine Partners LLC now owns 28,201 shares of the real estate investment trust’s stock worth $78,000 after buying an additional 5,709 shares during the last quarter. Finally, Metis Global Partners LLC lifted its holdings in Hudson Pacific Properties by 43.8% during the 2nd quarter. Metis Global Partners LLC now owns 23,273 shares of the real estate investment trust’s stock worth $64,000 after buying an additional 7,090 shares during the last quarter. Institutional investors and hedge funds 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.