Abel Hall LLC Purchases New Holdings in Hudson Pacific Properties, Inc. $HPP

Abel Hall LLC purchased a new stake in shares of Hudson Pacific Properties, Inc. (NYSE:HPP) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 10,082 shares of the real estate investment trust’s stock, valued at approximately $28,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HPP. Nuveen LLC bought a new stake in shares of Hudson Pacific Properties in the 1st quarter valued at approximately $10,333,000. Conversant Capital LLC bought a new stake in shares of Hudson Pacific Properties in the 1st quarter valued at approximately $8,019,000. Alta Fundamental Advisers LLC bought a new stake in shares of Hudson Pacific Properties in the 1st quarter valued at approximately $5,622,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Hudson Pacific Properties by 10.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,241,593 shares of the real estate investment trust’s stock worth $18,413,000 after acquiring an additional 573,233 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of Hudson Pacific Properties by 133.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 500,928 shares of the real estate investment trust’s stock worth $1,373,000 after acquiring an additional 286,477 shares in the last quarter. 97.58% of the stock is currently owned by institutional investors.

Hudson Pacific Properties Stock Down 5.2%

NYSE:HPP opened at $2.64 on Friday. The stock’s fifty day moving average price is $2.72 and its two-hundred day moving average price is $2.53. Hudson Pacific Properties, Inc. has a 52-week low of $1.78 and a 52-week high of $5.02. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.18 and a current ratio of 2.18. The company has a market cap of $999.06 million, a price-to-earnings ratio of -0.94 and a beta of 1.64.

Hudson Pacific Properties (NYSE:HPP) last posted its quarterly earnings data on Tuesday, August 5th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.01. Hudson Pacific Properties had a negative return on equity of 15.10% and a negative net margin of 53.76%.The firm had revenue of $190.00 million for the quarter, compared to the consensus estimate of $196.27 million. Hudson Pacific Properties has set its Q3 2025 guidance at 0.010-0.05 EPS. On average, analysts anticipate that Hudson Pacific Properties, Inc. will post 0.45 EPS for the current year.

Analysts Set New Price Targets

HPP has been the topic of several recent analyst reports. BMO Capital Markets reduced their target price on Hudson Pacific Properties from $4.00 to $3.50 and set an “outperform” rating on the stock in a report on Friday, June 13th. Weiss Ratings reissued a “sell (e+)” rating on shares of Hudson Pacific Properties in a report on Saturday, September 27th. The Goldman Sachs Group boosted their target price on Hudson Pacific Properties from $2.80 to $3.20 and gave the stock a “neutral” rating in a report on Wednesday, September 17th. BTIG Research reduced their target price on Hudson Pacific Properties from $8.00 to $4.75 and set a “buy” rating on the stock in a report on Wednesday, June 25th. Finally, Cantor Fitzgerald initiated coverage on Hudson Pacific Properties in a report on Wednesday, October 1st. They issued an “overweight” rating and a $3.50 target price on the stock. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Hudson Pacific Properties has an average rating of “Hold” and an average price target of $3.23.

Hudson Pacific Properties 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.