Hudson Pacific Properties (NYSE:HPP) Stock Rating Lowered by Zacks Research

Hudson Pacific Properties (NYSE:HPP) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

A number of other equities analysts have also issued reports on HPP. 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. Cantor Fitzgerald decreased their price target 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. BTIG Research set a $26.00 price target on Hudson Pacific Properties and gave the company a “buy” rating in a report on Friday. The Goldman Sachs Group set a $16.50 price objective on shares of Hudson Pacific Properties and gave the stock a “neutral” rating in a report on Friday, December 19th. Finally, Piper Sandler decreased their target price on shares of Hudson Pacific Properties from $21.00 to $17.50 and set a “neutral” rating for the company in a research report on Monday, November 10th. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $18.46.

Hudson Pacific Properties Stock Up 3.7%

Hudson Pacific Properties stock opened at $11.23 on Thursday. The company has a 50-day simple moving average of $13.37 and a 200-day simple moving average of $16.94. The firm has a market capitalization of $608.89 million, a P/E ratio of -0.66 and a beta of 1.49. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.78 and a current ratio of 1.78. Hudson Pacific Properties has a one year low of $9.96 and a one year high of $24.01.

Hudson Pacific Properties (NYSE:HPP) last issued its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.04 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $186.62 million for the quarter, compared to the consensus estimate of $186.05 million. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. As a group, equities analysts expect that Hudson Pacific Properties will post 0.45 earnings per share for the current year.

Institutional Investors Weigh In On Hudson Pacific Properties

A number of institutional investors and hedge funds have recently modified their holdings of HPP. Abel Hall LLC bought a new stake in shares of Hudson Pacific Properties during the 2nd quarter worth $28,000. Ethic Inc. acquired a new position in shares of Hudson Pacific Properties in the 3rd quarter valued at $28,000. Evergreen Capital Management LLC acquired a new position in shares of Hudson Pacific Properties in the 2nd quarter valued at $28,000. Orion Porfolio Solutions LLC purchased a new position in Hudson Pacific Properties in the 3rd quarter worth about $28,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in Hudson Pacific Properties during the 2nd quarter worth about $29,000. 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.