Howard Capital Management Group LLC Sells 315,575 Shares of Hudson Pacific Properties, Inc. $HPP

Howard Capital Management Group LLC lowered its position in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) by 85.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 52,593 shares of the real estate investment trust’s stock after selling 315,575 shares during the period. Howard Capital Management Group LLC’s holdings in Hudson Pacific Properties were worth $570,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake in shares of Hudson Pacific Properties by 140.3% during the first quarter. AQR Capital Management LLC now owns 348,203 shares of the real estate investment trust’s stock valued at $1,027,000 after acquiring an additional 203,283 shares during the last quarter. Caxton Associates LLP purchased a new position in Hudson Pacific Properties during the 1st quarter valued at about $82,000. Strs Ohio purchased a new position in Hudson Pacific Properties during the 1st quarter valued at about $73,000. Creative Planning raised its position in Hudson Pacific Properties by 25.8% during the 2nd quarter. Creative Planning now owns 46,095 shares of the real estate investment trust’s stock valued at $126,000 after purchasing an additional 9,467 shares during the last quarter. Finally, Cetera Investment Advisers purchased a new stake in Hudson Pacific Properties in the 2nd quarter worth approximately $62,000. Institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties Stock Up 2.3%

Shares of NYSE:HPP opened at $5.63 on Friday. Hudson Pacific Properties, Inc. has a 52-week low of $5.26 and a 52-week high of $21.70. The firm has a market capitalization of $305.60 million, a P/E ratio of -0.43, a P/E/G ratio of 0.57 and a beta of 1.51. The stock has a 50 day moving average price of $6.92 and a 200-day moving average price of $11.94. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.78 and a current ratio of 1.78.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly 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. The company had revenue of $256.03 million for the quarter, compared to analyst estimates of $168.02 million. Hudson Pacific Properties had a negative return on equity of 19.89% and a negative net margin of 69.12%.Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. As a group, equities research analysts anticipate that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on HPP shares. Piper Sandler cut their price objective on Hudson Pacific Properties from $8.00 to $6.50 and set a “neutral” rating on the stock in a research report on Wednesday. Wall Street Zen raised Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Citigroup lifted their price target on shares of Hudson Pacific Properties from $7.00 to $8.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Morgan Stanley reduced their price objective on shares of Hudson Pacific Properties from $8.00 to $5.00 and set an “underweight” rating on the stock in a research report on Tuesday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Hudson Pacific Properties in a report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $14.11.

About Hudson Pacific Properties

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.