Hudson Pacific Properties, Inc. (NYSE:HPP) Given Average Recommendation of “Hold” by Analysts

Shares of Hudson Pacific Properties, Inc. (NYSE:HPP) have earned a consensus recommendation of “Hold” from the thirteen ratings firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, five have given a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $15.5667.

Several equities research analysts have issued reports on the stock. Bank of America reiterated an “underperform” rating and set a $14.00 target price on shares of Hudson Pacific Properties in a research report on Tuesday, June 16th. Wells Fargo & Company boosted their price objective on shares of Hudson Pacific Properties from $13.50 to $14.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Wall Street Zen lowered shares of Hudson Pacific Properties from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. BTIG Research restated a “buy” rating and issued a $26.00 price objective on shares of Hudson Pacific Properties in a report on Wednesday, May 6th. Finally, Piper Sandler upgraded Hudson Pacific Properties from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $16.00 to $18.00 in a research note on Thursday, August 6th.

Insider Activity

In other news, Director Jon E. Bortz purchased 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average cost of $13.40 per share, for a total transaction of $335,000.00. Following the acquisition, the director owned 35,394 shares of the company’s stock, valued at approximately $474,279.60. This trade represents a 240.52% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.47% of the stock is owned by insiders.

Institutional Investors Weigh In On Hudson Pacific Properties

Several hedge funds have recently modified their holdings of the business. Evergreen Capital Management LLC bought a new position in shares of Hudson Pacific Properties in the 2nd quarter worth $28,000. Orion Porfolio Solutions LLC acquired a new stake in shares of Hudson Pacific Properties in the 3rd quarter worth $28,000. United Capital Financial Advisors LLC purchased a new position in Hudson Pacific Properties during the 3rd quarter worth $30,000. Integrated Wealth Concepts LLC purchased a new position in Hudson Pacific Properties during the 3rd quarter worth $32,000. Finally, Allied Private Wealth LLC acquired a new position in Hudson Pacific Properties during the 2nd quarter valued at about $33,000. Hedge funds and other institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties Stock Down 0.1%

Shares of NYSE HPP opened at $13.13 on Monday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.11 and a quick ratio of 1.11. Hudson Pacific Properties has a 1 year low of $5.26 and a 1 year high of $21.70. The stock has a market capitalization of $712.57 million, a P/E ratio of -1.48, a P/E/G ratio of 1.00 and a beta of 1.90. The company has a 50-day moving average price of $14.75 and a 200-day moving average price of $10.98.

Hudson Pacific Properties (NYSE:HPP) last issued its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported ($1.62) EPS for the quarter, missing the consensus estimate of ($0.72) by ($0.90). The company had revenue of $188.30 million during the quarter, compared to analysts’ expectations of $181.80 million. Hudson Pacific Properties had a negative return on equity of 20.76% and a negative net margin of 70.04%.Hudson Pacific Properties has set its FY 2026 guidance at 1.120-1.200 EPS. On average, equities research analysts forecast that Hudson Pacific Properties will post 1.12 EPS for the current fiscal year.

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.