Hudson Pacific Properties Target of Unusually High Options Trading (NYSE:HPP)

Hudson Pacific Properties, Inc. (NYSE:HPP) was the target of some unusual options trading on Monday. Stock investors purchased 4,362 call options on the stock. This represents an increase of 213% compared to the typical volume of 1,395 call options.

Hudson Pacific Properties Price Performance

Hudson Pacific Properties stock traded up $0.50 during midday trading on Monday, reaching $10.82. The company’s stock had a trading volume of 586,025 shares, compared to its average volume of 792,544. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 1.20. The stock has a market cap of $586.88 million, a PE ratio of -0.64 and a beta of 1.45. Hudson Pacific Properties has a 52 week low of $10.10 and a 52 week high of $24.01. The business has a 50-day moving average price of $14.88 and a 200-day moving average price of $17.34.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. The company had revenue of $186.62 million for the quarter, compared to the consensus estimate of $186.05 million. Hudson Pacific Properties had a negative net margin of 59.61% and a negative return on equity of 16.24%. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. On average, sell-side analysts predict that Hudson Pacific Properties will post 0.45 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on HPP shares. The Goldman Sachs Group set a $16.50 price objective on Hudson Pacific Properties and gave the company a “neutral” rating in a report on Friday. Piper Sandler dropped their price target on Hudson Pacific Properties from $21.00 to $17.50 and set a “neutral” rating for the company in a research note on Monday, November 10th. New Street Research set a $16.80 price objective on shares of Hudson Pacific Properties in a research report on Monday, October 13th. Cantor Fitzgerald reduced their price objective on shares of Hudson Pacific Properties from $24.50 to $21.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Finally, Morgan Stanley raised their target price on shares of Hudson Pacific Properties to $14.00 and gave the company an “underweight” rating in a report on Tuesday, December 2nd. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $19.02.

Institutional Investors Weigh In On Hudson Pacific Properties

Hedge funds have recently modified their holdings of the company. Abel Hall LLC acquired a new position in Hudson Pacific Properties in the 2nd quarter worth about $28,000. Ethic Inc. bought a new stake in shares of Hudson Pacific Properties during the third quarter worth about $28,000. Evergreen Capital Management LLC acquired a new position in shares of Hudson Pacific Properties in the second quarter valued at approximately $28,000. Orion Porfolio Solutions LLC acquired a new position in shares of Hudson Pacific Properties in the third quarter valued at approximately $28,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in Hudson Pacific Properties in the 2nd quarter valued at approximately $29,000. Institutional investors and hedge funds own 97.58% of the company’s stock.

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.