Hudson Pacific Properties, Inc. (NYSE:HPP) Stock Has Average Price Target of $15.27 According to Analysts

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have received a consensus rating of “Hold” from the thirteen brokerages that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $15.27.

HPP has been the topic of a number of recent research reports. Morgan Stanley set a $9.00 price target on shares of Hudson Pacific Properties and gave the company an “underweight” rating in a research note on Wednesday, July 22nd. Mizuho boosted their target price on shares of Hudson Pacific Properties from $15.00 to $17.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Weiss Ratings reissued a “sell (d)” rating on shares of Hudson Pacific Properties in a report on Wednesday, August 26th. Piper Sandler downgraded Hudson Pacific Properties from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $15.00 to $13.00 in a research report on Monday, October 19th. Finally, Wall Street Zen lowered Hudson Pacific Properties from a “hold” rating to a “sell” rating in a report on Sunday, September 20th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. boosted its position in shares of Hudson Pacific Properties by 24.4% in the third quarter. Russell Investments Group Ltd. now owns 401,539 shares of the real estate investment trust’s stock valued at $4,634,000 after acquiring an additional 78,712 shares during the period. Knights of Columbus Asset Advisors LLC increased its holdings in Hudson Pacific Properties by 277.1% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 183,606 shares of the real estate investment trust’s stock worth $2,119,000 after acquiring an additional 134,921 shares during the period. State of Wyoming bought a new stake in Hudson Pacific Properties during the 3rd quarter worth approximately $125,000. Pinnacle Wealth Planning Services Inc. lifted its stake in Hudson Pacific Properties by 66.3% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 4,300 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 1,715 shares in the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in Hudson Pacific Properties by 5.1% in the 3rd quarter. Asset Management One Co. Ltd. now owns 76,445 shares of the real estate investment trust’s stock worth $882,000 after purchasing an additional 3,679 shares in the last quarter. Institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties Stock Performance

Shares of HPP opened at $9.45 on Friday. The stock has a 50 day moving average of $11.27 and a 200 day moving average of $10.90. The company has a market capitalization of $512.96 million, a price-to-earnings ratio of -0.93, a PEG ratio of 0.65 and a beta of 2.02. Hudson Pacific Properties has a 12 month low of $5.26 and a 12 month high of $17.20. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.33.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings data on Thursday, November 5th. The real estate investment trust reported $0.28 earnings per share for the quarter, topping the consensus estimate of ($0.73) by $1.01. Hudson Pacific Properties had a negative return on equity of 20.76% and a negative net margin of 70.04%. The business had revenue of $180.89 million for the quarter, compared to analysts’ expectations of $181.62 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.150-1.210 EPS. As a group, sell-side analysts forecast that Hudson Pacific Properties will post 1.17 earnings per share for the current year.

Hudson Pacific Properties Company Profile

Hudson Pacific Properties, Inc is a real estate investment trust that owns, operates and develops office and studio properties in major technology, media and entertainment markets. The company’s portfolio is focused primarily on the West Coast of the United States and Vancouver, Canada, with properties designed for businesses in the technology, media and creative industries.

Hudson Pacific’s office business includes creative office campuses and traditional office buildings that it leases to companies across sectors such as technology, entertainment and professional services.