Hudson Pacific Properties, Inc. (NYSE:HPP) Given Consensus Recommendation of “Hold” by Brokerages

Hudson Pacific Properties, Inc. (NYSE:HPPGet Free Report) has been given a consensus recommendation of “Hold” by the fourteen ratings firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $2.9654.

A number of equities research analysts recently issued reports on HPP shares. Citigroup lowered their price objective on Hudson Pacific Properties from $2.90 to $1.90 and set a “neutral” rating on the stock in a research report on Monday. Wells Fargo & Company dropped their target price on shares of Hudson Pacific Properties from $3.10 to $2.60 and set an “overweight” rating for the company in a research report on Tuesday. New Street Research set a $2.40 price target on shares of Hudson Pacific Properties in a research note on Monday, October 13th. Piper Sandler lowered their price objective on shares of Hudson Pacific Properties from $3.00 to $2.50 and set a “neutral” rating on the stock in a research report on Monday, November 10th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Hudson Pacific Properties in a research report on Monday.

Check Out Our Latest Stock Report on HPP

Hudson Pacific Properties Trading Up 4.0%

Shares of HPP stock opened at $1.96 on Friday. The stock has a market capitalization of $741.92 million, a price-to-earnings ratio of -0.70 and a beta of 1.62. The company’s fifty day simple moving average is $2.41 and its two-hundred day simple moving average is $2.50. Hudson Pacific Properties has a 1 year low of $1.67 and a 1 year high of $3.96. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.18 and a quick ratio of 2.18.

Shares of Hudson Pacific Properties are scheduled to reverse split on the morning of Monday, December 1st. The 1-7 reverse split was announced on Monday, November 17th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, November 28th.

Hudson Pacific Properties (NYSE:HPPGet Free Report) last posted its 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. Hudson Pacific Properties had a negative return on equity of 15.10% and a negative net margin of 53.76%.The business had revenue of $186.62 million during the quarter, compared to analyst estimates of $186.05 million. Hudson Pacific Properties has set its Q4 2025 guidance at 0.010-0.050 EPS. As a group, analysts anticipate that Hudson Pacific Properties will post 0.45 earnings per share for the current year.

Institutional Trading of Hudson Pacific Properties

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Balyasny Asset Management L.P. grew its position in Hudson Pacific Properties by 122.4% during the second quarter. Balyasny Asset Management L.P. now owns 15,712,981 shares of the real estate investment trust’s stock valued at $43,054,000 after acquiring an additional 8,646,463 shares during the last quarter. Prudential Financial Inc. boosted its stake in shares of Hudson Pacific Properties by 357.1% in the 2nd quarter. Prudential Financial Inc. now owns 10,686,082 shares of the real estate investment trust’s stock valued at $29,280,000 after purchasing an additional 8,348,371 shares in the last quarter. Conversant Capital LLC grew its holdings in shares of Hudson Pacific Properties by 293.6% during the 2nd quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock valued at $29,318,000 after purchasing an additional 7,981,580 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Hudson Pacific Properties in the 2nd quarter worth $21,422,000. Finally, Sei Investments Co. raised its position in Hudson Pacific Properties by 18,343.2% in the 2nd quarter. Sei Investments Co. now owns 5,571,688 shares of the real estate investment trust’s stock worth $15,266,000 after purchasing an additional 5,541,478 shares during the period. Hedge funds and other institutional investors own 97.58% of the company’s stock.

About Hudson Pacific Properties

(Get Free Report)

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.

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Analyst Recommendations for Hudson Pacific Properties (NYSE:HPP)

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