Hudson Pacific Properties, Inc. (NYSE:HPP) Receives $3.23 Consensus Price Target from Brokerages

Hudson Pacific Properties, Inc. (NYSE:HPP) has received a consensus recommendation of “Hold” from the thirteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $3.2273.

Several research analysts have recently issued reports on HPP shares. Odeon Capital Group initiated coverage on Hudson Pacific Properties in a research note on Monday, June 16th. They set a “buy” rating and a $5.00 price target for the company. Cantor Fitzgerald initiated coverage on shares of Hudson Pacific Properties in a research note on Wednesday. They set an “overweight” rating and a $3.50 price objective for the company. BMO Capital Markets reduced their price target on shares of Hudson Pacific Properties from $4.00 to $3.50 and set an “outperform” rating on the stock in a research report on Friday, June 13th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Hudson Pacific Properties in a report on Saturday, September 27th. Finally, Wells Fargo & Company lowered their target price on Hudson Pacific Properties from $3.40 to $3.10 and set an “overweight” rating for the company in a research note on Wednesday, August 27th.

Hedge Funds Weigh In On Hudson Pacific Properties

A number of hedge funds have recently added to or reduced their stakes in HPP. Abel Hall LLC bought a new stake in shares of Hudson Pacific Properties during the 2nd quarter valued at about $28,000. Evergreen Capital Management LLC bought a new position in Hudson Pacific Properties in the 2nd quarter worth approximately $28,000. US Bancorp DE grew its holdings in Hudson Pacific Properties by 1,053.7% in the 1st quarter. US Bancorp DE now owns 9,772 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 8,925 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in Hudson Pacific Properties in the 2nd quarter valued at approximately $29,000. Finally, Gerber Kawasaki Wealth & Investment Management bought a new stake in Hudson Pacific Properties during the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 97.58% of the company’s stock.

Hudson Pacific Properties Price Performance

Shares of NYSE HPP opened at $2.73 on Friday. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.18 and a quick ratio of 2.18. The stock has a fifty day moving average price of $2.70 and a 200 day moving average price of $2.53. Hudson Pacific Properties has a 1-year low of $1.78 and a 1-year high of $5.02. The company has a market cap of $1.03 billion, a PE ratio of -0.97 and a beta of 1.64.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings results on Tuesday, August 5th. The real estate investment trust reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. The business had revenue of $190.00 million during the quarter, compared to analysts’ expectations of $196.27 million. Hudson Pacific Properties had a negative return on equity of 15.10% and a negative net margin of 53.76%. Hudson Pacific Properties has set its Q3 2025 guidance at 0.010-0.05 EPS. Sell-side analysts forecast that Hudson Pacific Properties will post 0.45 EPS for the current year.

Hudson Pacific Properties Company Profile

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space.