Hudson Pacific Properties (NYSE:HPP) Trading Up 5.2% – Still a Buy?

Hudson Pacific Properties, Inc. (NYSE:HPP) rose 5.2% during mid-day trading on Tuesday . The stock traded as high as $10.91 and last traded at $10.90. Approximately 539,322 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 805,577 shares. The stock had previously closed at $10.36.

Analyst Upgrades and Downgrades

HPP has been the subject of several recent research reports. Jefferies Financial Group dropped their price target on Hudson Pacific Properties from $17.50 to $16.80 and set a “hold” rating for the company in a research report on Monday, October 13th. Citigroup cut their target price on shares of Hudson Pacific Properties from $20.30 to $13.30 and set a “neutral” rating for the company in a research note on Monday, November 24th. Cantor Fitzgerald decreased their price target 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. Morgan Stanley lifted their price target on shares of Hudson Pacific Properties to $14.00 and gave the stock an “underweight” rating in a report on Tuesday, December 2nd. Finally, The Goldman Sachs Group set a $16.50 price objective on shares of Hudson Pacific Properties and gave the company a “neutral” rating in a research note on Friday, December 19th. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $19.02.

Hudson Pacific Properties Stock Performance

The company has a market cap of $590.46 million, a PE ratio of -0.64 and a beta of 1.45. The stock’s 50 day simple moving average is $13.93 and its two-hundred day simple moving average is $17.15. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 1.20.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.02. The business had revenue of $186.62 million during the quarter, compared to the consensus estimate of $186.05 million. Hudson Pacific Properties had a negative return on equity of 16.24% and a negative net margin of 59.61%.Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. As a group, research analysts anticipate that Hudson Pacific Properties, Inc. will post 0.45 earnings per share for the current year.

Hedge Funds Weigh In On Hudson Pacific Properties

Several hedge funds and other institutional investors have recently modified their holdings of HPP. Invesco Ltd. increased its position in Hudson Pacific Properties by 5.2% during the 1st quarter. Invesco Ltd. now owns 288,315 shares of the real estate investment trust’s stock worth $851,000 after purchasing an additional 14,232 shares in the last quarter. MetLife Investment Management LLC increased its position in shares of Hudson Pacific Properties by 60.4% in the first quarter. MetLife Investment Management LLC now owns 83,673 shares of the real estate investment trust’s stock worth $247,000 after acquiring an additional 31,493 shares in the last quarter. Ieq Capital LLC increased its position in shares of Hudson Pacific Properties by 73.0% in the first quarter. Ieq Capital LLC now owns 33,782 shares of the real estate investment trust’s stock worth $100,000 after acquiring an additional 14,257 shares in the last quarter. Beck Mack & Oliver LLC purchased a new position in shares of Hudson Pacific Properties in the 1st quarter valued at $148,000. Finally, AQR Capital Management LLC lifted its holdings in shares of Hudson Pacific Properties by 140.3% during the 1st 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 in the last quarter. 97.58% of the stock is owned by institutional investors and hedge funds.

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.