Hsbc Holdings PLC Acquires New Position in Hudson Pacific Properties, Inc. $HPP

Hsbc Holdings PLC acquired a new stake in Hudson Pacific Properties, Inc. (NYSE:HPP) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 60,227 shares of the real estate investment trust’s stock, valued at approximately $370,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC purchased a new position in shares of Hudson Pacific Properties during the 3rd quarter worth approximately $28,000. Evergreen Capital Management LLC acquired a new stake in shares of Hudson Pacific Properties in the 2nd quarter valued at approximately $28,000. United Capital Financial Advisors LLC purchased a new stake in shares of Hudson Pacific Properties in the third quarter valued at approximately $30,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Hudson Pacific Properties in the third quarter valued at approximately $32,000. Finally, Prelude Capital Management LLC acquired a new position in Hudson Pacific Properties during the third quarter worth $34,000. Institutional investors and hedge funds own 97.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Piper Sandler increased their price target on shares of Hudson Pacific Properties from $12.00 to $16.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Morgan Stanley set a $9.00 target price on shares of Hudson Pacific Properties and gave the stock an “underweight” rating in a research report on Wednesday, July 22nd. Mizuho increased their target price on shares of Hudson Pacific Properties from $15.00 to $17.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Zacks Research cut Hudson Pacific Properties from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $16.00 price objective (up from $8.00) on shares of Hudson Pacific Properties in a research note on Monday, June 15th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $14.32.

Hudson Pacific Properties Stock Performance

NYSE:HPP opened at $13.76 on Friday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $746.51 million, a P/E ratio of -1.36, a price-to-earnings-growth ratio of 1.02 and a beta of 1.89. The firm has a 50-day moving average price of $14.57 and a two-hundred day moving average price of $10.25. Hudson Pacific Properties, Inc. has a twelve month low of $5.26 and a twelve month high of $21.70.

Hudson Pacific Properties (NYSE:HPP) last released its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) EPS for the quarter, beating the consensus estimate of ($0.92) by $0.10. Hudson Pacific Properties had a negative net margin of 67.89% and a negative return on equity of 19.05%. The business had revenue of $181.85 million for the quarter, compared to analyst estimates of $175.12 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. As a group, research analysts expect that Hudson Pacific Properties, Inc. will post 1.14 earnings per share for the current fiscal year.

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.