WINTON GROUP Ltd Makes New $1.09 Million Investment in Hudson Pacific Properties, Inc. $HPP

WINTON GROUP Ltd acquired a new position in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 71,865 shares of the real estate investment trust’s stock, valued at approximately $1,092,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Integrated Wealth Concepts LLC bought a new stake in Hudson Pacific Properties in the second quarter worth $119,000. IFP Advisors Inc raised its stake in Hudson Pacific Properties by 4,560.0% during the second quarter. IFP Advisors Inc now owns 1,631 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,596 shares in the last quarter. Allworth Financial LP lifted its position in Hudson Pacific Properties by 601.3% during the second quarter. Allworth Financial LP now owns 4,425 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 3,794 shares during the last quarter. Corient Private Wealth LP bought a new position in Hudson Pacific Properties during the second quarter valued at $333,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Hudson Pacific Properties by 4,462.2% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 42,976 shares of the real estate investment trust’s stock worth $653,000 after buying an additional 42,034 shares in the last quarter. 97.58% of the stock is currently owned by institutional investors.

Hudson Pacific Properties Price Performance

Shares of HPP stock opened at $12.28 on Monday. The stock has a 50 day moving average price of $14.17 and a 200 day moving average price of $11.40. Hudson Pacific Properties, Inc. has a 52-week low of $5.26 and a 52-week high of $21.07. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.11 and a current ratio of 1.11. The firm has a market capitalization of $666.27 million, a P/E ratio of -1.39, a P/E/G ratio of 1.13 and a beta of 1.89.

Hudson Pacific Properties (NYSE:HPP) last announced 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). Hudson Pacific Properties had a negative net margin of 70.04% and a negative return on equity of 20.76%. The business had revenue of $188.30 million during the quarter, compared to the consensus estimate of $181.80 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.120-1.200 EPS. As a group, sell-side analysts predict that Hudson Pacific Properties, Inc. will post 1.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

HPP has been the subject of a number of analyst reports. Zacks Research downgraded shares of Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 8th. Wall Street Zen raised Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research note on Saturday. Piper Sandler upgraded Hudson Pacific Properties from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $16.00 to $18.00 in a research report on Thursday, August 6th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hudson Pacific Properties in a research note on Wednesday, August 26th. Finally, Morgan Stanley set a $9.00 target price on Hudson Pacific Properties and gave the stock an “underweight” rating in a report on Wednesday, July 22nd. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $15.82.

Insider Activity at Hudson Pacific Properties

In related news, Director Jon Bortz purchased 25,000 shares of Hudson Pacific Properties stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $13.40 per share, with a total value of $335,000.00. Following the purchase, the director directly owned 35,394 shares of the company’s stock, valued at approximately $474,279.60. This represents a 240.52% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.47% of the company’s stock.

About Hudson Pacific Properties

Hudson Pacific Properties, Inc (NYSE:HPP) is a real estate investment trust that owns, operates and develops office and studio properties. The company focuses on properties serving technology, media and entertainment tenants, with offerings that include creative office space, soundstages, production facilities and related studio infrastructure.

Hudson Pacific’s portfolio is concentrated in major markets along the West Coast of the United States and in Vancouver, British Columbia. Its studio operations are conducted under the Sunset Studios brand and support film and television production through soundstages, production offices and other specialized facilities.