Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in shares of Hudson Pacific Properties, Inc. (NYSE:HPP – Free Report) by 86.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 761,716 shares of the real estate investment trust’s stock after selling 4,897,372 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Hudson Pacific Properties were worth $8,285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also added to or reduced their stakes in HPP. Balyasny Asset Management L.P. raised its holdings 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 purchasing an additional 8,646,463 shares in the last quarter. Conversant Capital LLC boosted its stake in shares of Hudson Pacific Properties by 293.6% during 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 purchasing an additional 7,981,580 shares in the last quarter. Sei Investments Co. increased its holdings in Hudson Pacific Properties by 18,343.2% during the second quarter. Sei Investments Co. now owns 5,571,688 shares of the real estate investment trust’s stock valued at $15,266,000 after buying an additional 5,541,478 shares during the period. UBS Group AG increased its holdings in Hudson Pacific Properties by 657.0% during the third quarter. UBS Group AG now owns 5,617,697 shares of the real estate investment trust’s stock valued at $15,505,000 after buying an additional 4,875,549 shares during the period. Finally, Vanguard Group Inc. raised its stake in Hudson Pacific Properties by 14.3% in the third quarter. Vanguard Group Inc. now owns 38,453,976 shares of the real estate investment trust’s stock worth $106,133,000 after buying an additional 4,815,234 shares in the last quarter. Hedge funds and other institutional investors own 97.58% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on HPP shares. BTIG Research set a $26.00 target price on Hudson Pacific Properties and gave the stock a “buy” rating in a report on Friday, January 2nd. Wall Street Zen upgraded Hudson Pacific Properties from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Wells Fargo & Company reduced their price target on Hudson Pacific Properties from $18.20 to $13.50 and set an “overweight” rating for the company in a research report on Thursday, April 2nd. Citigroup upped their price objective on Hudson Pacific Properties from $7.00 to $8.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Finally, Cantor Fitzgerald dropped their price objective on Hudson Pacific Properties from $13.00 to $10.00 and set an “overweight” rating on the stock in a research report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Hudson Pacific Properties has an average rating of “Hold” and an average target price of $14.11.
Hudson Pacific Properties Stock Down 0.2%
Hudson Pacific Properties stock opened at $8.47 on Monday. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.78 and a quick ratio of 1.78. The stock has a market capitalization of $459.14 million, a price-to-earnings ratio of -0.65, a PEG ratio of 0.88 and a beta of 1.51. Hudson Pacific Properties, Inc. has a 1-year low of $5.26 and a 1-year high of $21.70. The business has a fifty day moving average price of $6.56 and a 200-day moving average price of $10.56.
Hudson Pacific Properties (NYSE:HPP – Get Free Report) last announced its earnings results on Thursday, February 26th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. Hudson Pacific Properties had a negative return on equity of 19.89% and a negative net margin of 69.12%.The company had revenue of $256.03 million for the quarter, compared to analyst estimates of $168.02 million. Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. Equities research analysts forecast that Hudson Pacific Properties, Inc. will post 1 EPS for the current fiscal year.
Hudson Pacific Properties 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.
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